A FiDi Residence Fit for Phileas Fogg, 40 Broad Street, Penthouse 5A

By Linecity, October 29, 2021

Bold, brash and dare we say a touch of bravado. This home’s worldly textures, fixtures and furnishings tell a story at every turn.  Without hesitation, we anoint this dazzling downtown penthouse at 40 Broad Street as the latest edition of our “Apartments We Love” series.

Penthouse 5A is a 3500 square foot loft residence with a one-of-a-kind interior design style that artfully uses repurposed items from around the globe.  And something we don’t see all that often, a retractable glass garage door feature which is used as an optional room partition. But we’ll get to that later.

40 Broad Street (aka, The Setai) is a full-service post-war building situated just south of the New York Stock Exchange between Beaver Street and Exchange Place.  Like so many buildings in the Financial District, this property was repurposed to residential use.  The condo rises 31 floors, contains 156 apartments and offers a bevy of amenities, including a furnished roof deck with panoramic views and a private club and health spa.

There are so many seductive highlights to this exotic loft-style home it’s impossible to cover them all in this blog post.

The adventure begins just as you exit the foyer. Push through the gorgeous Art Deco style doors and enter upon the kitchen. The stainless steel doors are from the 1920’s and were salvaged from a theatre in Hawaii.  Marvel a while because it’s not every day that you set foot in a room with such detail. The ceiling is clad in reclaimed tin, the backsplash is exposed brick (lots of brick in this home), the counters are stainless steel, the hardwood floors are set in a Chevron pattern. The cabinetry is one-of-a-kind, custom made from zinc and brass and treated to an aged patina.  

Wine lovers rejoice. Just off the kitchen you’ll find a pair of floor-to-ceiling Gagganeau wine coolers. 

The two retractable glass garage doors are situated on opposite sides of the home.  The floor-to-ceiling doors allow you to modify the layout of the apartment on a whim. One glass door separates the living room from the primary bedroom suite. The other door separates a second bedroom suite with a spa-like bath and sauna.  Just like that, you can alter the layout of the apartment depending on your needs for one or two bedrooms. If you desire some flexibility to entertain on a grandiose scale, this unique design offers optimal flexibility.

The open loft area is a cavernous space stretching more than sixty feet while offering sweeping views of downtown Manhattan and the East River.  Architecturally, the room astounds. Tall ceilings with thick wood beams, walls of exposed brick, reclaimed hardwood floors and eclectic overhead light fixtures combine to create a glittering space.  The decor is no less lavish.  It’s a curated selection of vintage items:  Napoleon III chairs, tufted mohair sofas, vintage club chairs, industrial factory lights and tables, street lights from Brussels (circa 1920) and other mid-century modern items.  And to our delight, the apartment is delivered furnished.

The walls of the primary bedroom suite (26’5”x18’5”) are also clad in exposed brick. The bed has a large decorative arch of brickwork where a headboard typically sits.  The en suite bath features a walk-in shower, soaking tub and high-end fixtures.

The sauna bath, inspired by a 15th century Italian church, is decorated with reclaimed bluestone tiles from Belgium, circa 1930.  The deep soaking tub was cut from a single stone and imported from Mexico. The bath comes complete with a porcelain double vanity, a copper clad door and top of the line fixtures.

The current asking price for Penthouse 5A at 40 Broad Street is $8,995,000. That’s about $2,570 per square foot.  The apartment is being represented by Alex Antigua and Khashy Eyn of Platinum Properties. For more information about this exceptional residence, please visit Linecity.com.