450 WASHINGTON Street #312
About This Property
Located along Tribeca's historic waterfront and the spectacular Hudson River Park, RELATED is developing a full city block into 450 Washington - a beautiful property with 176 perfectly-detailed residences. Where sun, water and parks meet downtown, 450 Washington features a private landscaped courtyard and fine modern detailing conceived by Roger Ferris + Partners. From Tribeca's historic cobblestone streets, residents arrive at 450 Washington through a gated entryway into an 8,000 square foot courtyard oasis of lush green space by world-renowned landscape architect Hollander Design.
RESIDENCE 312 is a two-bedroom home with a quintessential view over Tribeca's Watts Street, with its leafy treetops.
The meticulously-detailed interiors include myriad modern details including 7-inch-wide plank white oak flooring and massive bronze-finished windows with Caesarstone window ledges. Open-concept kitchens feature Miele appliances, natural warm-toned quartzite countertops, crisp matte white lacquer cabinetry, architectural cove lighting and Dornbracht faucet fixtures. Bathrooms are clad in handsome honey-toned European White Oak cabinetry, Calacatta Lincoln marble countertops with undermounted sinks, and showers with Dornbracht fixtures.
Leveraging RELATED's expertise in pairing of lifestyle programming and best-in-class property management, this highly-serviced property will include a comprehensive amenity suite, including a 12th floor roofdeck with magical Hudson River sunset views, golf simulator, lounge with fireplace, private dining room, business center, fitness center, and children's imagination center. Residents of 450 Washington will also enjoy exclusive programming, community events and preferred access, tickets and other benefits to an elite segment of art, media, fashion, culinary, wellness and cultural experiences provided by Related Life. Parking and storage are available for additional fee.
Exclusive Sales & Marketing Agents: Corcoran Sunshine Marketing Group. RREF II 34 DESBROSSES OWNER, LLC, C/O THE RELATED COMPANIES, 30 HUDSON YARDS, NEW YORK, NEW YORK 10001 UNDER FILE NO. C19-0004. Equal Housing Opportunity.
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Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 16, 2023 | Sold | ||
Sold | |||
Jun 22, 2023 | In contract | - | |
In contract | |||
May 14, 2023 | No longer available | - | |
No longer available | |||
Mar 27, 2023 | Price Increased |
$2,195,000
↑ $45K
(2.1%) | |
Price Increased | |||
Nov 28, 2022 | Listed by Corcoran Sunshine Marketing Group | $2,150,000 | |
Listed by Corcoran Sunshine Marketing Group |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/02/2024
|
4 Bed
|
4 Bath
|
1973 ft²
|
$4,295,000
4 Bed
4 Bath
1973 ft²
|
$4,295,000
12/18/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/25/2024
|
1 Bed
|
1 Bath
|
670 ft²
|
$2,175,000
1 Bed
1 Bath
670 ft²
|
$2,080,000
-4.37%
12/27/2024
|
-
|
Craig DeCecchis
The Corcoran Group
| |
09/03/2024
|
1 Bed
|
1 Bath
|
670 ft²
|
$2,220,000
1 Bed
1 Bath
670 ft²
|
$2,220,000
10/15/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/22/2024
|
Studio
|
1 Bath
|
478 ft²
|
$1,080,000
Studio
1 Bath
478 ft²
|
$1,080,000
10/08/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
07/01/2024
|
3 Bed
|
3 Bath
|
1873 ft²
|
$4,495,000
3 Bed
3 Bath
1873 ft²
|
$4,495,000
07/26/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
06/07/2024
|
Studio
|
1 Bath
|
443 ft²
|
$875,000
Studio
1 Bath
443 ft²
|
$875,000
07/19/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
05/31/2024
|
Studio
|
1 Bath
|
462 ft²
|
$845,000
Studio
1 Bath
462 ft²
|
$845,000
07/22/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
05/16/2024
|
2 Bed
|
2 Bath
|
1251 ft²
|
$3,495,000
2 Bed
2 Bath
1251 ft²
|
$3,495,000
06/21/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
05/10/2024
|
3 Bed
|
3 Bath
|
1883 ft²
|
$5,820,000
3 Bed
3 Bath
1883 ft²
|
$5,820,000
07/23/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
05/10/2024
|
Studio
|
1 Bath
|
478 ft²
|
$830,000
Studio
1 Bath
478 ft²
|
$830,000
07/30/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
05/03/2024
|
4 Bed
|
5 Bath
|
2955 ft²
|
$10,995,000
4 Bed
5 Bath
2955 ft²
|
$10,995,000
07/24/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
04/18/2024
|
3 Bed
|
3 Bath
|
1883 ft²
|
$5,695,000
3 Bed
3 Bath
1883 ft²
|
$5,695,000
05/09/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
04/11/2024
|
1 Bed
|
1 Bath
|
644 ft²
|
$1,400,000
1 Bed
1 Bath
644 ft²
|
$1,400,000
05/09/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
04/02/2024
|
4 Bed
|
3 Bath
|
2031 ft²
|
$4,795,000
4 Bed
3 Bath
2031 ft²
|
$4,795,000
05/28/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
03/29/2024
|
Studio
|
1 Bath
|
478 ft²
|
$1,165,000
Studio
1 Bath
478 ft²
|
$1,165,000
09/24/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
03/29/2024
|
Studio
|
1 Bath
|
476 ft²
|
$830,000
Studio
1 Bath
476 ft²
|
$830,000
07/03/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
03/13/2024
|
Studio
|
1 Bath
|
478 ft²
|
$980,000
Studio
1 Bath
478 ft²
|
$980,000
04/18/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
03/13/2024
|
1 Bed
|
1 Bath
|
644 ft²
|
$1,370,000
1 Bed
1 Bath
644 ft²
|
$1,370,000
05/20/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
02/27/2024
|
1 Bed
|
1 Bath
|
755 ft²
|
$1,895,000
1 Bed
1 Bath
755 ft²
|
$1,895,000
06/06/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
02/13/2024
|
4 Bed
|
3 Bath
|
2179 ft²
|
$3,995,000
4 Bed
3 Bath
2179 ft²
|
$3,995,000
07/25/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
02/02/2024
|
Studio
|
1 Bath
|
476 ft²
|
$980,000
Studio
1 Bath
476 ft²
|
$980,000
05/01/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
01/23/2024
|
3 Bed
|
4 Bath
|
2338 ft²
|
$6,390,000
3 Bed
4 Bath
2338 ft²
|
$5,995,000
-6.18%
09/11/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
12/04/2023
|
3 Bed
|
3 Bath
|
1883 ft²
|
$5,445,000
3 Bed
3 Bath
1883 ft²
|
$5,445,000
01/12/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/21/2023
|
1 Bed
|
1 Bath
|
755 ft²
|
$2,095,000
1 Bed
1 Bath
755 ft²
|
$2,095,000
01/11/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/14/2023
|
4 Bed
|
4 Bath
|
1973 ft²
|
$4,495,000
4 Bed
4 Bath
1973 ft²
|
$4,495,000
01/12/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/13/2023
|
3 Bed
|
3 Bath
|
-
|
$6,070,000
3 Bed
3 Bath
|
$6,070,000
12/14/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/13/2023
|
1 Bed
|
1 Bath
|
-
|
$1,125,000
1 Bed
1 Bath
|
$1,125,000
12/13/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/07/2023
|
2 Bed
|
2 Bath
|
1251 ft²
|
$3,395,000
2 Bed
2 Bath
1251 ft²
|
$3,395,000
01/11/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/03/2023
|
3 Bed
|
3 Bath
|
-
|
$4,595,000
3 Bed
3 Bath
|
$4,595,000
12/01/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
11/02/2023
|
Studio
|
1 Bath
|
722 ft²
|
$1,220,000
Studio
1 Bath
722 ft²
|
$1,220,000
01/10/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
10/17/2023
|
1 Bed
|
1 Bath
|
557 ft²
|
$1,095,000
1 Bed
1 Bath
557 ft²
|
$1,095,000
01/23/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
10/17/2023
|
1 Bed
|
1 Bath
|
528 ft²
|
$1,465,000
1 Bed
1 Bath
528 ft²
|
$1,465,000
04/29/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
10/13/2023
|
Studio
|
1 Bath
|
-
|
$1,220,000
Studio
1 Bath
|
$1,220,000
12/20/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
10/02/2023
|
3 Bed
|
3 Bath
|
1872 ft²
|
$4,395,000
3 Bed
3 Bath
1872 ft²
|
$4,395,000
12/30/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/22/2023
|
1 Bed
|
1 Bath
|
644 ft²
|
$1,425,000
1 Bed
1 Bath
644 ft²
|
$1,425,000
05/31/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/22/2023
|
1 Bed
|
1 Bath
|
755 ft²
|
$1,895,000
1 Bed
1 Bath
755 ft²
|
$1,895,000
04/03/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/19/2023
|
4 Bed
|
4 Bath
|
-
|
$4,195,000
4 Bed
4 Bath
|
$4,195,000
12/20/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/19/2023
|
3 Bed
|
3 Bath
|
-
|
$4,295,000
3 Bed
3 Bath
|
$4,295,000
12/21/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/19/2023
|
3 Bed
|
3 Bath
|
2031 ft²
|
$4,895,000
3 Bed
3 Bath
2031 ft²
|
$4,895,000
05/29/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/19/2023
|
Studio
|
1 Bath
|
464 ft²
|
$979,000
Studio
1 Bath
464 ft²
|
$979,000
04/29/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/19/2023
|
4 Bed
|
4 Bath
|
1884 ft²
|
$4,995,000
4 Bed
4 Bath
1884 ft²
|
$4,995,000
09/13/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
09/19/2023
|
Studio
|
1 Bath
|
443 ft²
|
$919,000
Studio
1 Bath
443 ft²
|
$875,000
-4.79%
11/15/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/26/2023
|
1 Bed
|
1 Bath
|
1018 ft²
|
$1,695,000
1 Bed
1 Bath
1018 ft²
|
$1,695,000
10/25/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/25/2023
|
1 Bed
|
1 Bath
|
557 ft²
|
$1,225,000
1 Bed
1 Bath
557 ft²
|
$1,225,000
10/19/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/18/2023
|
1 Bed
|
2 Bath
|
-
|
$1,495,000
1 Bed
2 Bath
|
$1,495,000
10/12/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/11/2023
|
3 Bed
|
3 Bath
|
-
|
$6,345,000
3 Bed
3 Bath
|
$6,345,000
09/27/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/10/2023
|
1 Bed
|
1 Bath
|
528 ft²
|
$1,240,000
1 Bed
1 Bath
528 ft²
|
$1,240,000
09/08/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/09/2023
|
1 Bed
|
2 Bath
|
923 ft²
|
$1,920,000
1 Bed
2 Bath
923 ft²
|
$1,920,000
10/11/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/08/2023
|
2 Bed
|
2 Bath
|
1059 ft²
|
$2,595,000
2 Bed
2 Bath
1059 ft²
|
$2,595,000
03/06/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
08/02/2023
|
1 Bed
|
1 Bath
|
-
|
$1,575,000
1 Bed
1 Bath
|
$1,575,000
09/13/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
07/31/2023
|
1 Bed
|
1 Bath
|
565 ft²
|
$1,470,000
1 Bed
1 Bath
565 ft²
|
$1,470,000
01/23/2024
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
07/15/2023
|
1 Bed
|
1 Bath
|
696 ft²
|
$1,575,000
1 Bed
1 Bath
696 ft²
|
$1,575,000
12/11/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
07/06/2023
|
1 Bed
|
1 Bath
|
528 ft²
|
$1,340,000
1 Bed
1 Bath
528 ft²
|
$1,340,000
08/21/2023
|
-
|
450 Washington Sales Office
Corcoran Sunshine Marketing Group
| |
06/22/2023
|
1 Bed
|
2 Bath
|
923 ft²
|
$1,725,000
1 Bed
2 Bath
|