$1,749,000
Updated 9 years ago
Sold

The Setai

40 Broad Street, 20-FG

Financial District, Manhattan | Beaver Street & Exchange Place

5 Rooms2 Beds2.5 Baths1,507 Square FeetCondo

$1,749,000
Common Charges$1,957
RE Taxes$994
Price Per SF
$1,161

This property was sold for $1,640,000 on 08/08/17.

Listing Features

  • Combined Apartment
  • Dressing Area
  • High Ceilings [31.4']
  • Live/Work
  • Original Details
  • Separate Dining Area
  • Walk-in Closet
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Double Vanity
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • City Views
  • East Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Billiards Room
  • Business Center
  • Cabanas
  • Elevator
  • Fitness Facility
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Spa Services
  • Storage
  • Valet Service
  • WiFi
  • Wine Cellar

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 40 Broad Street, 20-FG

Best valued 2 bedroom, 2.5 bathroom in the Financial District. This 20th floor apartment is a combination of a studio and a one-bedroom. No other listing can beat the numbers on this unit. Competitively priced at $1,160 per square foot, and with a long term tax abatement, this is an incomparable investment opportunity located in a constantly growing neighborhood. If math is not an opinion, this asset has the most attractive numbers in the area.

The unit has very strong fundamentals, such as a desirable downtown location, 1,500+ square feet of space, 10'3" high ceilings, oversized windows, a spacious split floorplan that guarantees privacy to the occupants, an overabundance of closets, as well as an extra half bath - a rare find at this price point. Designer finishes and accents give the unit a special touch. Brazilian walnut floors are trimmed with a black granite border throughout, including the U-Shaped kitchen. The large living and dining areas round out this distinct space, perfect for entertaining. The kitchen's black granite countertops and backsplashes complement the beautiful cabinetry made of magnificent mahogany. All cabinets have stainless-steel bar-pull hardware with easy self-closing mechanisms throughout, including the dishwasher.

The master bedroom and second bedroom contain en-suite bathrooms and multiple closets, including a walk-in-closet and dressing area. Enter the master bathroom atop black granite flooring. A deep soaking bathtub is separate from the glass enclosed shower with a plentiful rain showerhead mounted to the ceiling. Countertops and bathtub deck are an amazing American Walnut accented with Kohler fixtures, Luxor Stone tile backsplash, and ceiling-high mirrored medicine cabinets.

Sub-Zero, Miele and Kohler appliances, central air and a washer & dryer round it up.


This is a highly rentable apartment with the all-inclusive experience of hotel living with resort-like oasis at home. The well-established building features a full service concierge offering hotel like amenities such as exclusive membership at The Setai Club and access to over 44,000 square feet of amenities like state-of-the-art gym and Zen spa, fine dining, 24-hour attended lobby, roof terrace, proximity to Battery Park, East River Park, South Street Seaport, Tribeca and Soho.

Contact us today to view this investment opportunity.

Listing History for 40 Broad Street, 20-FG

Now
08/15/2017
$1,640,000
Sold and Closed by Richard Tayar
Keller Williams NYC
07/17/2017
Contract Signed by Richard Tayar
Keller Williams NYC

Building Details for 40 Broad Street

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1986
Financing Allowed90%
Floors/Apts31/158
Learn More About the Building

Transit and Citi Bike

Subway

Broad St
0.05 miles
Wall St
0.12 miles
Rector St
0.13 miles
Wall St
0.15 miles
Bowling Green
0.15 miles

Citi Bike

Broadway & Morris St
0.09 miles
Broadway & Battery Pl
0.14 miles

Ferry

Wall St/Pier 11
0.34 miles

Contact Agents

Contact Agents

Richard Tayar
Keller Williams NYC
Miky Bonazzoli
Keller Williams NYC

Financial District | Manhattan

Quick Profile

The Financial District (FiDi) today is a bit of a hybrid neighborhood, as the residential component continues to grow in an area that has been historically dominated by the financial and insurance industries. The residential experiment, which began more than two decades ago, continues to evolve in an area with a large concentration of older, large office buildings. Developers have taken to these aged buildings and have re-positioned them as residential properties. In turn, the public spaces, services and retail establishments needed for a thriving residential neighborhood have followed making this an important destination for city residents.

Since 2000, the residential population of the Financial District has nearly tripled in size from about 23,000 residents to more than 60,000 inhabitants. Many of the residential pioneers to FiDi were people attracted to the lower rents in the neighborhood, particularly the post-collegiate crowd. While the millennials still maintain a large footprint here, there are plenty of families that now consider the Wall Street area home. 

Many of those that live in the Financial District walk to work. If you reside here and need to commute elsewhere, the transportation from here is about as good as it gets. Express trains can take you to Midtown, either east or west, in twenty minutes. Brooklyn is but a single subway stop away. There are also ferries across to Brooklyn, Queens and Staten Island.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 415958