170 West Street #101
About This Property
The 6 inch wide pre-finished oak floors beneath your feet, 11 foot ceilings and large entryways give this home a loft like feeling. The elegantly designed residence features an open kitchen with Caesarstone countertops, an Ibiza White backsplash, Fisher & Paykel refrigerator and Bosch appliances. The large living space provides 9 foot windows and exposed concrete.
A dramatic staircase leads you to the lower level. This level provides an additional living space, a second bathroom, large laundry room with a full size LG washer & dryer, and radiant heated floors throughout. Top of the line Mitsubishi heating and cooling systems finish the home.
A 15 year tax abatement has been approved for this residence.
Sitting six stories high and parallel to the East River, 170 & 174 West Street overlooks the Manhattan skyline. 170 and 174 West Street are two independently operated buildings designed by Studios C. Like Greenpoint, the buildings leave you with a very intimate feeling. 170 & 174 West Street?s close proximity to restaurants, shopping and the East River Ferry make this location very desirable.
With high-rated public schools, a vibrant, community-driven atmosphere and the prospect of future growth, Greenpoint is a neighborhood on the rise. It is ideal for young families and couples looking for a place that feels like home. Public transportation that serves the neighborhood includes the G subway line, East River Ferry, and the B24/B32/B43/B48/B62 bus lines.
*All measurements are approximate and subject to normal construction variances and tolerances and may vary from floor to floor. Sponsor reserves the right to make changes in accordance with the terms of the offering plan. 15 year tax abatement has been approved. *
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2018 | No longer available | - | |
| No longer available | |||
| Dec 20, 2018 | Sold | ||
| Sold | |||
| Aug 28, 2018 | In contract | - | |
| In contract | |||
| Jul 10, 2018 | Price Decreased |
$895,000
↓ $90K
(9.1%) | |
| Price Decreased | |||
| Jul 10, 2018 | Listed by Compass | $985,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2024
|
2 Bed
|
2 Bath
|
-
|
$1,395,000
2 Bed
2 Bath
|
-
-
|
Laura Milkowski
Luxus Manhattan Realty
| |
|
03/19/2024
|
2 Bed
|
2 Bath
|
1272 ft²
|
$2,195,000
2 Bed
2 Bath
1272 ft²
|
$2,150,000
-2.05%
07/11/2024
|
Jonathan Tager
The Corcoran Group
| |
|
01/11/2024
|
2 Bed
|
2 Bath
|
828 ft²
|
$1,350,000
2 Bed
2 Bath
828 ft²
|
$1,400,000
+3.70%
05/03/2024
|
Kendall Taylor
Compass
| |
|
07/01/2021
|
2 Bed
|
2 Bath
|
828 ft²
|
$1,209,600
2 Bed
2 Bath
828 ft²
|
$1,210,000
+0.03%
10/20/2021
|
Noah Plener
Compass
| |
|
01/14/2021
|
2 Bed
|
2 Bath
|
828 ft²
|
$1,165,000
2 Bed
2 Bath
828 ft²
|
$1,138,752
-2.25%
04/13/2018
|
Ian Slater
Elliman
| |
|
08/21/2018
|
1 Bed
|
2 Bath
|
1534 ft²
|
$1,749,000
1 Bed
2 Bath
1534 ft²
|
$1,682,280
-3.81%
04/17/2019
|
Noah Plener
Compass
| |
|
07/10/2018
|
1 Bed
|
2 Bath
|
1000 ft²
|
$985,000
1 Bed
2 Bath
1000 ft²
|
$829,874
-15.75%
12/20/2018
|
Justin Martinez
Compass
| |
|
07/10/2018
|
2 Bed
|
2 Bath
|
1347 ft²
|
$1,795,000
2 Bed
2 Bath
1347 ft²
|
$1,745,000
-2.79%
05/28/2019
|
Noah A Plener
Compass
| |
|
10/25/2017
|
2 Bed
|
2 Bath
|
1272 ft²
|
$1,995,000
2 Bed
2 Bath
1272 ft²
|
$1,775,000
-11.03%
01/31/2019
|
Justin Martinez
Compass
| |
|
07/29/2017
| |
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
|
|
08/25/2017
|
2 Bed
|
2 Bath
|
864 ft²
|
$1,205,280
2 Bed
2 Bath
864 ft²
|
$1,219,890
+1.21%
05/11/2018
|
Justin Martinez
Nest Seekers International
| |
|
08/25/2017
|
2 Bed
|
2 Bath
|
930 ft²
|
$1,291,770
2 Bed
2 Bath
930 ft²
|
$1,291,000
-0.06%
04/11/2018
|
Steven M Irizarry
Nest Seekers International
| |
|
07/14/2017
|
2 Bed
|
2 Bath
|
877 ft²
|
$1,263,870
2 Bed
2 Bath
877 ft²
|
$1,249,000
-1.18%
04/24/2019
|
Tamara Abir
Compass
| |
|
06/08/2017
|
2 Bed
|
2 Bath
|
930 ft²
|
$1,147,620
2 Bed
2 Bath
930 ft²
|
$1,147,400
-0.02%
04/20/2018
|
Justin Martinez
Nest Seekers International
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017