Updated 7 years ago
Sold
Cipriani Club Residences
55 Wall Street, 905
Financial District, Manhattan | William Street & Hanover Street
3 Rooms1 Bed1.5 Baths1,249 Square FeetCondo
$1,250,000
Common Charges$2,349
RE Taxes$1,742
Price Per SF
$1,001
Listing Features
- Abundant Closets
- Custom Lighting
- Dressing Area
- Entry Foyer
- Hardwood Floors
- High Ceilings [11']
- Penthouse/Top Flr
- Recessed Lighting
- Separate Dining Area
- Walk-in Closet
- Washer / Dryer
- Oversized Windows
- Window Treatments
- Dishwasher
- Eat-in Kitchen
- Gourmet Kitchen
- Microwave
- New Appliances
- Open Kitchen
- SOTA Kitchen
- En Suite Bathroom
- Powder Room
- Soaking Tub
- Stall Shower
Outdoor space and views
- Courtyard
- East Exposure
Building Amenities
- Full Service
- Billiards Room
- Business Center
- Courtyard
- Elevator
- Fitness Facility
- Resident Lounge
- Roof Deck
- Screening Room
- Spa Services
- Wine Cellar
Policies
- Pets Allowed
- Pieds A Terre Ok
Property Description for 55 Wall Street, 905
Renovated penthouse JR4 with home-office in a 5-star luxury building. This furnished apartment, located in Cipriani Residences, is an ideal investment with a CAP rate of 3.5%. The apartment is currently used as a pied-a-terre but can be rented year-round to corporate executives and relocation companies. Since the apartment is furnished and short-term leases are permitted in the building, the resulting CAP rate is higher than other buildings in the historic Financial District.
The 1,250 SQFT apartment features an elevated renovation, which encompasses new flooring, new appliances, custom lighting, elevated millwork, and a chef's kitchen. Custom window treatments, in-unit washer dryer, and an abundance of closets complement the aesthetics of the renovation with function. The apartment offers privacy in overlooking the serene courtyard. The south/east exposures, 11 feet ceilings and total of 7-oversized windows capture a tremendous amount of sunlight throughout the day. The white oak wooden floors introduce further volume and depth to the living space.
55 Wall offers white glove world class service and features a fitness center, landscaped rooftop garden, screening room, on-site restaurant, business center, 24-hour doorman, and concierge desk. Other perks include butler service, housekeeping, newspaper delivery, private storage, dry cleaning and laundry, postal and messenger service, and preferential access to Cipriani restaurant.
The 1,250 SQFT apartment features an elevated renovation, which encompasses new flooring, new appliances, custom lighting, elevated millwork, and a chef's kitchen. Custom window treatments, in-unit washer dryer, and an abundance of closets complement the aesthetics of the renovation with function. The apartment offers privacy in overlooking the serene courtyard. The south/east exposures, 11 feet ceilings and total of 7-oversized windows capture a tremendous amount of sunlight throughout the day. The white oak wooden floors introduce further volume and depth to the living space.
55 Wall offers white glove world class service and features a fitness center, landscaped rooftop garden, screening room, on-site restaurant, business center, 24-hour doorman, and concierge desk. Other perks include butler service, housekeeping, newspaper delivery, private storage, dry cleaning and laundry, postal and messenger service, and preferential access to Cipriani restaurant.
Listing History for 55 Wall Street, 905
Now
05/13/2019
$1,250,000
Sold and Closed by Karan Chopra
Douglas Elliman
04/22/2019
TOM by Karan Chopra
Douglas Elliman
Building Details for 55 Wall Street
OwnershipCondo
Building TypeLow-Rise
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1842
Financing Allowed90%
Floors/Apts9/107
Transit and Citi Bike
Subway
Wall St
0.05 miles
Broad St
0.1 miles
Wall St
0.17 miles
Rector St
0.23 miles
Rector St
0.26 miles
Citi Bike
William St & Pine St
0.08 miles
Pearl St & Hanover Square
0.1 miles
Ferry
Wall St/Pier 11
0.26 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: 1662640
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