$1,405,000
Updated 8 years ago
Off Market

Block Hall

21-23 South William Street, 4/5A

Financial District, Manhattan | Broad Street & Hanover Square

Loft 6 Rooms3 Beds2 Baths1,327 Square FeetCondo

$1,405,000
Common Charges$1,297
RE Taxes$1
Price Per SF
$1,059

Listing Features

  • Duplex
  • High Ceilings
  • Home Office
  • Potential Combo
  • Separate Dining Area
  • Split Bedrooms
  • New Windows
  • Oversized Windows
  • Wall of Windows
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • S Steel Appliances
  • Marble Bathroom

Building Amenities

  • Part-Time Doorman
  • Elevator
  • Fitness Facility
  • Laundry Per Floor
  • Roof Deck
  • Sauna

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 21-23 South William Street, 4/5A

This is a rare opportunity to combine two apartments and have the only three bedroom duplex measuring 1,327 square feet (124 square meters).

This beautiful Tudor style building located at 21-23 South William Street is between Broad Street and Hanover Square in the financial district. The Goldman Sachs building is located within one block. In addition, this building is one block from restaurants and shopping which are on cobblestone streets.

The two one-bedroom furnished apartments are located on the fourth and fifth floors of this seven-story building. Both kitchens are equipped with a Miele dishwasher, Liebherr refrigerator and Viking stove topped off by granite countertops. There are wood floors throughout the apartments, central a/c, and a beautiful large bathroom with a marble top sink.

The apartments have a full wall of windows in the living room letting in tremendous amounts light.

The building has a rooftop and a full gym that is open 365 days a year and 24 hours a day. In addition, there is a part-time doorman Monday through Friday from 8:30am – 7:30pm and a virtual doorman for the other hours.

The monthly common charges for the fourth and fifth floor are $605 and $540 respectively or $1,145 per month combined. In addition, there is a tax abatement for the building providing you with a benefit of zero real estate taxes due for approximately eight years.

Both furnished apartments are rented; one until August 2009 and the other until December 2009. This will provide you with time after closing to have your famous architect complete the drawings of your new, one-of-a-kind duplex apartment at Block Hall.

Or, if you decide to postpone the combining of these two great units, you can rent them both as furnished or unfinished units. This condominium building allows a minimum of six month rentals rentals.

History Of Block Hall: In the late 1920's architect William Smith was commissioned to design this magnificent Tudor Revival building. It has served as a private clubhouse containing lounges, dining rooms, and ballroom facilities.

In order to restore the building to its original grandeur, Kennelly Development Company completed a twenty million dollar comprehensive overhaul. With the exception of the historic South William Street facade, the entire building was reconstructed. The building has been stripped to its original steel structure and rebuilt as a classical stalwart. The new structure houses 31 luxury condominiums and a Four-Star retail tenant. The entire project was sold out in less than 6 months.

No warranty or representation is made as to the accuracy thereof.

Listing History for 21-23 South William Street, 4/5A

Now
08/21/2012
POM by Richard Pino
New York Residence
05/23/2012
TOM by Richard Pino
New York Residence

Building Details for 21-23 South William Street

OwnershipCondo
Building TypeLoft
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1927
Financing Allowed90%
Floors/Apts8/31
Learn More About the Building

Transit and Citi Bike

Subway

Broad St
0.14 miles
Whitehall St-South Ferry
0.17 miles
Wall St
0.17 miles
Bowling Green
0.19 miles
Wall St
0.22 miles

Citi Bike

Pearl St & Hanover Square
0.06 miles
Broad St & Bridge St
0.09 miles

Ferry

Wall St/Pier 11
0.24 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: 683670