$10,000,000
Updated 7 years ago
Off Market

W New York Downtown

123 Washington Street, 28-FLR

Financial District, Manhattan | Rector Street & Carlisle Street

10 Rooms8 Beds8 Baths4,829 Square FeetCondo

$10,000,000
Common Charges$8,545
RE Taxes$7,707
Price Per SF
$2,071

Listing Features

  • Full Floor
  • Washer / Dryer
  • Dishwasher
  • Eat-in Kitchen
  • Double Vanity
  • En Suite Bathroom

Outdoor space and views

  • City Views
  • North Exposure

Building Amenities

  • Full Service
  • Billiards Room
  • Business Center
  • Elevator
  • FIOS
  • Fitness Facility
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Screening Room
  • Spa Services
  • Steam Room
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 123 Washington Street, 28-FLR

"Compass Real Estate" is engaged as exclusive agent for ownership to offer the twenty seventh, twenty eighth, and twenty ninth floors at the World renowned W Hotel Residences In the Financial District neighborhood of Manhattan (“Property”). This well-maintained fifty eighth floor condo building encompasses 223 residential apartments and 222 Hotel guest rooms. Given the configuration of the Property on the lot, 123 Washington Street is exposed on four sides, providing the apartments with favorable light, air and views . The W Hotel and Residences is boarded by the World trade.A tribute to the past and a place of hope for the future — the 9/11 Memorial Plaza is alive with twin spirits of remembrance & renewal. The 8-acre park is a supremely contemplative sanctuary, composed of a grove of nearly 400 white oak trees, and the largest manmade waterfalls in the United States. Set within the footprints of the original Twin Towers, each pool is approximately 1-acre in size. The names of every person who perished in the terror attacks of February 26, 1993 & September 11, 2001 are honored in bronze around the twin Memorial pools. Additionally, the area is set to receive a massive influx of jobs and capital from the ongoing development in the area. The Property thus presents an excellent opportunity for an investor to own a cash flowing asset in a rapidly evolving neighborhood. The Property’s 24 condos currently are renting at significantly high number than most units within the building and area, according to a survey by StreetEasy, a real estate data website. The endless amenities are located on the 31st floor which is exclusively available to residents. There you will find a digital entertainment lounge, private fitness center with kinesis equipment and outdoor spin bikes, spa treatment rooms with sauna and shower and an exclusive rooftop terrace on the 58th floor with views you must see. Take the opportunity to live in the first W residential development in Manhattan. The W New York Downtown Residences & hotels is the first globally branded luxury hotel and residences of its size and scale located downtown. W hotel is known for their outstanding hospitality. So let the W hotel do what they do best which is to win your hearts and minds. 123 Washington street thus presents potential investors with an opportunity to acquire a Property with room for significant future NOI growth.

Building Details for 123 Washington Street

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2010
Financing Allowed90%
Floors/Apts57/222
Learn More About the Building

Transit and Citi Bike

Subway

Rector St
0.11 miles
Rector St
0.14 miles
Wall St
0.15 miles
Cortlandt St
0.19 miles
WTC Cortlandt
0.21 miles

Citi Bike

Albany St & Greenwich St
0.04 miles
Greenwich St & Rector St
0.06 miles

Contact Agents

Contact Agents

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: 1837305