Duane Park Lofts

Duane Park Lofts is a Co-op located 165 Duane Street, in Tribeca, New York. The building was first built in 1881 and is 143 years old. It was first renovated and altered in 1985. The lot that the building was built on is 79 feet wide and 101 feet long. The official lot area is listed as 7,834 square feet. The building itself is 79 feet wide and 101 feet long. In total, 165 Duane Street has a total floor area of 77,630 square feet. Of that, 69,930 square feet are used for residential purposes. About 7,700 square feet of the building are used for commercial purposes. There are a total of 40 units. Of those, 36 are residential units. There are four commercial units. 165 Duane Street has a total of 10 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 38 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 150 days and tend to sell below the original asking price of $2,095,000 by 58.31%. Meaning, listings tend to sell at a median of $1,470 price per square foot. The transaction that took the longest to complete was unit 6B, listed on May 08, 2017 for $2,095,000. This particular unit ultimately sold 207 days later for $873,458. The most recent transaction was for unit 8B, sold for $2,250,000 on Sep 07, 2022. Fun fact, the oldest transaction we have on record took place on Jan 21, 1972. See the full transaction history for Duane Park Lofts below.

Tribeca, where 165 Duane Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $2,095,000. For interested buyers, that means the building's median asking price is around 0.75% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.