16
Map
81 WHITE Street #PHE
About This Property
There is Tribeca, and then there is the Tribeca you discover when you leave Broadway behind. Tucked away on White St. by Cortlandt Alley, this duplex penthouse occupies a discreet plot of downtown Manhattan where the old city retains its character even as a new generation of luxury residences, galleries (so many!), and independent shops transform the neighborhood. Close to the action, yet remarkably quiet, it offers the increasingly rare pleasure of feeling removed from the city without giving anything up.
Within an intimate 11-unit condominium of two 19th-century loft buildings, beside the departed legendary Mudd Club, this 3,202-square-foot residence combines architectural drama, generous proportions, and two private landscaped terraces.
A spectacular skylight rises 27 feet above the fifth-floor entrance, illuminating two levels of ebony-stained rock maple hardwood connected by a sculptural wood-and-steel staircase. The layout accommodates three bedrooms, three full bathrooms, and both northern and southern outdoor exposures.
The 23-by-23-foot living room, with gas fireplace, wet bar, and dining area, is made for entertaining without sacrificing comfort. The well-equipped chef's kitchen features a six-burner Viking range with grill, Sub-Zero refrigerator, Bosch dishwasher, and custom cabinetry. A separate sitting area, spacious secondary bedroom, and full bath complete the lower level.
Upstairs, the primary suite is a particularly peaceful retreat, with excellent natural light, custom built-ins, two dressing areas, and a private terrace with motorized awning. Its generously appointed bath features California river stones, a double Jacuzzi, dual rain showerheads, and a striking waterfall feature. The third bedroom, equally suited to a home office, enjoys a wall of windows, its own skylight, a marble bath with European steam shower, and direct access to a landscaped terrace with open northern views. The elevator also provides access directly to the upper-floor landing.
Quiet central air conditioning (new equipment), washer and dryer, video intercom, and terrace irrigation systems round out the conveniences.
The renovation reflects an earlier design sensibility, but the apartment is in excellent condition. Its appeal lies less in chasing the newest fashion than in the enduring virtues of space, light, privacy, and distinctive architecture.
At $4,695,000-approximately $1,466 per square foot-this is an especially compelling opportunity in the Tribeca penthouse market. For a buyer who values substance over novelty, the combination of scale, outdoor space, quiet surroundings, and competitive pricing deserves a close look.
White-by-Cortlandt may be one of downtown's last authentic urban sites, but its restaurants, galleries, shops, and transportation are close at hand. The neighborhood is evolving; its character remains intact.
Some homes advertise themselves loudly. This one rewards the buyer who knows where to look.
Sponsor sale. Purchaser responsible for transfer taxes.
Listed By
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2026 | Listed by Brown Harris Stevens Residential Sales LLC | $4,695,000 | |
| Listed by Brown Harris Stevens Residential Sales LLC | |||
| Jun 2, 2025 | Price Decreased |
$4,990,000
↓ $200K
(3.9%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$5,190,000
↓ $60K
(1.1%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$5,250,000
↓ $400K
(7.1%) | |
| Price Decreased | |||
| May 1, 2025 | Price Decreased |
$5,650,000
↓ $200K
(3.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/12/2024
|
2 Bed
|
2 Bath
|
2000 ft²
|
$3,295,000
2 Bed
2 Bath
2000 ft²
|
$3,162,500
-4.02%
02/28/2025
|
Richard Orenstein
Halstead Property, LLC
| |
|
09/24/2021
|
2 Bed
|
1 Bath
|
1913 ft²
|
$2,598,000
2 Bed
1 Bath
1913 ft²
|
$2,598,000
12/14/2021
|
Sandra Balan
The Corcoran Group
| |
|
09/02/2017
| |
3 Bed
|
5 Bath
|
-
|
-
3 Bed
5 Bath
|
-
-
|
-
|
|
06/15/2017
|
3 Bed
|
2 Bath
|
1850 ft²
|
-
3 Bed
2 Bath
1850 ft²
|
-
-
|
Deirdre De Risi
Compass
| |
|
03/23/2017
|
2 Bed
|
2 Bath
|
2134 ft²
|
$2,995,000
2 Bed
2 Bath
2134 ft²
|
$2,425,000
-19.03%
01/09/2018
|
Jordana Kosow
Warburg Realty Partnership, Ltd.
| |
|
04/19/2016
|
3 Bed
|
3 Bath
|
3202 ft²
|
$4,995,000
3 Bed
3 Bath
3202 ft²
|
-
-
|
Siim M. Hanja
Brown Harris Stevens
| |
|
04/14/2015
|
3 Bed
|
2 Bath
|
2155 ft²
|
$3,000,000
3 Bed
2 Bath
2155 ft²
|
$3,000,000
02/05/2021
|
Brant Rosenberg
Halstead Property, LLC
| |
|
03/12/2014
|
3 Bed
|
2 Bath
|
2155 ft²
|
$2,750,000
3 Bed
2 Bath
2155 ft²
|
-
-
|
Brant Rosenberg
Halstead Property, LLC
| |
|
02/12/2010
|
2 Bed
|
2.5 Bath
|
1850 ft²
|
$2,400,000
2 Bed
2.5 Bath
1850 ft²
|
-
-
|
Dimitrios Skretas
Elliman
|
Building Info
- 11 Units
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017