Residence 11G is the best value offering at the highly coveted 40 Broad Street.
This is an exquisite turn key oversized, fully customized 1 bedroom / 1bathroom residence ideal for all buyers: looking for full time residency, pied-a-terre or an excellent investment opportunity with long term growth potential.
Investment opportunity:
40 Broad Street is positioned in the heart of the historic cobblestoned Financial District residential zone. Over the last decade, this area has seen significant growth and with the upcoming addition of Whole Foods and many other starchitect designed residential and commercial projects, this is the ideal time to buy into a dynamic & emerging area with more opportunity for future ROI. This condominium is ideal for investors as it allows unlimited subletting, Pieds-a-terre and is pet-friendly.
About the unit:
East facing wall to wall windows flood the unit with natural light throughout. Graciously appointed unit has 11 ft ceilings, contrasting the dark Brazilian Walnut floors with Basaltito black granite borders. Spacious kitchen fit for a chef makes a dramatic design statement with black Granite countertops, backsplashes and custom cabinetry. Sub-Zero refrigerator and freezer with concealed paneling plus a Miele oven, cook top and dishwasher. Grand scale master bedroom with wood sliding pocket doors opening to living, en-suite spa-like bath with oversized rain shower. Zen-like Kohler 5-piece master baths are impeccably designed, handcrafted and detailed to afford a soothing, luxurious retreat. Additional features include in unit Bosch washer/dryer and custom window treatments.
About the building:
40 Broad Street Condominiums is a white-glove condominium with 24 hour attended lobby, 360-degree roof terrace and social lounge, fitness center, billiards room, 6 elevators, live-in resident manager, onsite storage and an in house restaurant, Reserve Cut.
About the area:
40 Broad Street also benefits from the following major transit lines all within a few blocks (1,2,3,4,5,A,C,E,J,R,Z) as well as the East River Ferry lines and the Blade Wall Street Heliport. There is no shortage of things to do with the new South Street Seaport open, Hudson River Park, Battery Park City, Pier 17, Tribeca, Equinox, Corso Como, Whole Foods (at Wall Street coming soon), Eataly and the Oculus.
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.