Overview

$4,950,000

20% Min Down

405 Greenwich St #PH

405 Greenwich Street, New York, NY 10013

Condo in Tribeca

2 Bed | 2 Bath | 2,312 ft² | $2,141/ft² | 0.82% Cap Rate

Listed Sep 10th, 2021 (42 days)
Chic Tribeca Penthouse with Private Roof.

This stunning and expansive penthouse condo offers one lucky buyer the opportunity of a lifetime with full-floor privacy and a large private landscaped roof terrace in prime Tribeca. This dream loft is sprawling, featuring over 2300+sqft of internal square feet, high ceilings, three exposures, large windows and five skylights that allow light to travel through the entire space. The keyed elevator opens directly into the expansive 57' long living/dining area and there is a grand wood-burning fireplace framed by a large white marble mantle for cozy winter nights. The chef's kitchen is well designed with high-end stainless steel appliances, a large seated island, and a huge pantry. There are two comfortable bedrooms and two full baths. The gigantic primary suite is pin-drop quiet, with windows on both sides and located in the rear of the building. It features a large sky-light, five-fixture bathroom with soaking tub, and a well-appointed walk-in closet. The exposed brick walls with embedded archways are remnants of historic Tribeca and fully-updated mechanicals bring modern amenities to this classic dream loft. This home features a unique private 5-Ton central HVAC unit, wired Sonos sound system throughout, washer/dryer in-unit, and all the closets are custom built by California Closets. The private landscaped roof deck is accessed through a convenient interior staircase. It features extensive city views facing both North and South, and plenty of room for entertaining and outdoor fun. With only 6 units, this pet-friendly boutique condominium is extremely private and has exceptionally solid financials. Not to be overlooked are the extremely low monthlies and real estate taxes and extensive recent building updates which include a new roof, new elevator, renovated lobby and top of the line security system. 405 Greenwich Street is conveniently located in the center of Tribeca, one block from glorious Hudson River Park, some of the most exceptional schools in the city, and the best restaurants and shopping of New York.

Alternate three-bedroom floorplan included.

Features & Amenities

Unit Amenities

  • Elevator
  • View: CITY

Building Amenities

  • Laundry in Unit
  • Central Air Conditioning

Building Policies

    Learn more about 405 Greenwich Street, New York, NY 10013

    Listed By

    Christopher E. Franklin

    Brown Harris Stevens

    (212) 452-6217
    Brian J. Manning Profile Picture
    Brian J. Manning

    Brown Harris Stevens

    (212) 906-9251
    Nadine Adamson Profile Picture
    Nadine Adamson

    Brown Harris Stevens

    (212) 396-5820
    Kelsey Hall Profile Picture
    Kelsey Hall

    Brown Harris Stevens

    (212) 396-5828

    History

    Date Event Price
    Oct 13, 2021 Price Drop $4,950,000
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    Sep 11, 2021 Status Change -
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    Sep 10, 2021 Listed $5,500,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-09-10', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$5,500,000', 'orig_value' => NULL, 'listing_id' => '15928623', 'unit' => 'PH', 'building_id' => NULL, 'street_address' => '405 Greenwich St', 'citystate' => 'New York City, NY', 'bedrooms' => '2', 'bathrooms' => '2', 'square_feet' => '2312', 'pretty_url' => 'https://www.realtyhop.com/building/405-greenwich-st-new-york-city-ny/ph/15928623', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))

    Property Analysis

    Price Estimate

    $4,999,500

    HopScore Market Price

    $4,950,000

    Current Asking Price

    +$49,500

    Difference from Asking

    Cap Rate Analysis

    Operating Profit

    $40,404
    /

    Purchase Price

    $4,950,000
    =

    Cap Rate

    0.82%
    **

    * Actual income may vary between $5,276 and $7,914 depending on unit-specific characteristics.

    ** 100% occupancy is assumed. Leverage (mortgage) is not considered.

    Comparables

    Units for sale near 405 Greenwich St

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 405 Greenwich St

    Unit Br Ba ft² Closed Price
    Common Charges

    Building Info

    Building at 405 Greenwich Street, New York, NY 10013

    405 Greenwich Street

    405 Greenwich Street, New York, NY 10013

    Built in 1900 | 6 Units | 6 Stories

    Want to find out who owns 405 Greenwich Street, New York, NY 10013? Get detailed property transactions here.

    Neighborhood

    Stats & Trends

    $3,250,000

    Median Asking

    -

    Above Asking

    $1,477

    Sale Price/ft²

    155

    Days on Market

    Transportation

    1

    at Franklin St 1030 ft | 4 min walk

    A

    C

    E

    at Canal St 0.24 mi | 6 min walk

    1

    2

    3

    at Chambers St 0.39 mi | 9 min walk

    6

    N

    Q

    R

    J

    Z

    at Canal St (UL) 0.43 mi | 10 min walk

    C

    E

    at Spring St 0.48 mi | 11 min walk

    Schools

    School Type Grades Distance
    Ps 234 Independence School Elementary KG to 5 0.36 mi
    Jhs 104 Simon Baruch Middle School 6 to 8 1.84 mi
    Clinton School (the) High School 6 to 12 1.39 mi
    Nyc Ischool High School 9 to 12 0.35 mi
    Stuyvesant High School High School 9 to 12 0.31 mi
    New Explorations into Sciencetech and Math High School Other KG to 12 1.6 mi
    Brooklyn Brownstone School Elementary PK to 5 4.74 mi
    Anderson School (the) Elementary KG to 8 4.47 mi
    School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

    Mortgage Payment Calculator

    $23,418

    Per Month
    When working with the calculator, please remember the dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. The estimates you receive are for illustrative and educational purposes only.

    First-time homebuyers? Check out the RealtyHop Mortgage Center now.

    Inquire about this Property

    Contact A Local Real Estate Expert

    (646) 760-8453

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More

    Recent Transactions at 405 Greenwich St

    Transaction history for 405 Greenwich Street

    Unit Br Ba ft² Listed Listing Agent Asking
    HOA + Tax
    Closed Closing Buyer(s)
    Unit 4 2 2.5 2,200 Mar 8, 2021 Melissa Olson
    Elliman
    $3,495,000
    $2,281/mo
    Aug 11, 2021
    155 Days
    $3,250,000
    -7.01%
    Lane Lytle
    Cyrus Moshiri
    Unit 3 - - - - - - Sep 23, 2013 $2,585,000 Andrew F Kim
    Unit 4 - - - - - - May 15, 2006 $2,000,000 Mara Bjorneby
    Paul Bjorneby
    Unit MULTIPLE - - - - - - May 2, 2005 $50,000 Wolf At Tribeca Inc
    Unit 5 - - - - - - Jan 12, 2005 $1,915,000 David Bolon
    Athena Remolina
    Unit 4 - - - - - - Nov 9, 2004 $1,825,000 Walter Yetnikoff
    Unit 6 - - - - - - Oct 3, 2003 $1,613,930 Kelley D Parker
    Unit - - - - - - - Oct 22, 2002 - Rohit K Bawa
    Unit - - - - - - - Sep 10, 2002 - Richard Kenig
    Unit - - - - - - - Sep 10, 2002 - Paul Netter

    Apartments for Sale at 405 Greenwich Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

    Apartments for Rent at 405 Greenwich Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

    Nearby Buildings

    Learn more about 405 Greenwich St #PH

    Building at 405 Greenwich Street, New York, NY 10013

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