$615,000
Updated 10 years ago
Sold

The Downtown Club

20 West Street, 11-D

Financial District, Manhattan | Battery Place & Morris Street

Loft 1 Bath407 Square FeetCondo

$615,000
Common Charges$526
RE Taxes$150
Price Per SF
$1,511

This property was sold for $600,000 on 08/04/16.

Listing Features

  • Entry Foyer
  • High Ceilings
  • Media Room
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Soaking Tub

Outdoor space and views

  • Statue of Liberty
  • West Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Billiards Room
  • Business Center
  • Elevator
  • Garden
  • Health Club
  • Housekeeping
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Screening Room
  • Spa Services
  • Steam Room
  • Storage
  • Valet Service
  • WiFi

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 20 West Street, 11-D

The cap rate is 3.95%.

The landmarked Downtown Club condominium is the former home of The Downtown Athletic Club and the Heisman Trophy Award. The Downtown Club offers five-star amenities similar to a hotel.

This loft-like studio is located on the 11th floor with views of the Statue of Liberty, city and water. The west views can be seen from the oversized window.

This apartment features an open kitchen with an island with a black marble countertop, complementing the dark wooded kitchen cabinets. The kitchen is topped off with high-end stainless steel appliances. This is one of the few apartments in the DTC that has a kitchen island perfectly situated separating it from the living space.

The Downtown Club has top notch amenities including: A 12,000 square foot high-end fitness center, spa, yoga studio, and steam room/sauna. There is also a media room, lounge, and two newly built workstations. In addition, there is a low key terrace off the gym located on the 6th floor which is perfect for relaxation, and there is the astonishing roof deck that provides you a 360 degree view of the Financial District. All these amenities are included in the monthly common charges.

The Downtown Club has 421-G Tax Abatement which expires in December, 2020. This is an amazing benefit for the new owner.

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, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

Listing History for 20 West Street, 11-D

Now
08/06/2016
$600,000
Sold and Closed by Richard Pino
New York Residence
06/06/2016
Contract Signed by Richard Pino
New York Residence

Building Details for 20 West Street

OwnershipCondo
Building TypeLoft
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1930
Financing Allowed90%
Floors/Apts45/279
Learn More About the Building

Transit and Citi Bike

Subway

Bowling Green
0.13 miles
Rector St
0.15 miles
Rector St
0.16 miles
Wall St
0.24 miles
Broad St
0.26 miles

Citi Bike

Little West St & 1 Pl
0.05 miles
Broadway & Morris St
0.14 miles

Contact Agent

Contact Agent

Richard Pino
New York Residence

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: 316869