Updated 11 years ago
Off Market
129 Front Street
Financial District, Manhattan | Wall Street & Pine Street
Mixed Use
$13,500,000 $15,000,000
floors / apts8 / 56
Lot Size41'6"x110'11"
Built Size41'x117'
ZoneC6-9
Building TypeHotel
RE Taxes$214,200
Building Amenities
- Voice Intercom
- Elevator
Property Description for 129 Front Street
> Built in 1903 as a residential apartment building and converted/refurbished into a hotel in the 1980s.
> There is an additional 36,000 SF buildable atop the current structure.
> Net existing hotel area totals 36,000 SF.
> The hotel contains 56 keys and a ground floor restaurant/bar area.
> Could be used as a hotel, condominium or rental building.
> Most guest rooms contain private kitchens and 10-11 foot high ceilings.
Listing History for 129 Front Street
Now
01/07/2004
$13,500,000 [-$1,500,000] [10%]
Price Drop by
Corcoran
01/07/2004
New Agency by
Corcoran
Building Details for 129 Front Street
OwnershipMixed Use
Building TypeHotel
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1903
Floors/Apts8/56
Transit and Citi Bike
Subway
Wall St
0.19 miles
Broad St
0.27 miles
Fulton St
0.3 miles
Wall St
0.34 miles
Whitehall St-South Ferry
0.38 miles
Citi Bike
Front St & Pine St
0.02 miles
Water St & Fletcher St
0.1 miles
Ferry
Wall St/Pier 11
0.13 miles
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: 20332TH
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