Updated 4 days ago
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Financial District, Manhattan | Broad Street & William Street
10 Rooms4 Beds5.5 Baths7,560 Square FeetCondo

$6,975,000
Common Charges$1,866
RE Taxes$5,228
Price Per SF
$923

Listing Features

  • Combined Apartment
  • Corner Apartment
  • Duplex
  • High Ceilings
  • Moldings
  • Original Details
  • Penthouse/Top Flr
  • Recessed Lighting
  • Spiral Staircase
  • Casement Windows
  • Oversized Windows
  • Center Island
  • Powder Rooms [2]

Outdoor space and views

  • Terrace [1,200 SF]
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Video Intercom
  • Keyed Elevator
  • Laundry Room

Policies

  • Pets Allowed

Property Description

54 Stone street is a unique building on the island of Manhattan. It is tucked safely on downtown's scenic cobblestoned Stone street, affectionally known as "Restaurant Row, in a tiny historical area reminiscent of the old seaports of New Amsterdam and Boston. But just so you do not get confused as to where you are, it is surrounded by the skyscrapers that make up the financial center of the universe, never more than a few minutes from the many well-known restaurants, the South Street Seaport, Fulton Street Market and World-class shopping, and a "stone's throw" from riverfront parks in every direction.

However, it's what's behind the decidedly understated entrance that is truly remarkable. The 5th, 6th, and 7th floor can all be purchased together and combined in ways only limited by your imagination. The combination would have 7,800sf (interior), have 4 exposures, high ceilings throughout, plus a 1,200sf terrace. Almost, like a 35Ft wide townhouse with an elevator. (if townhouses in Manhattan had 4 exposures)

Although space this large is hard to find anywhere on the island below 100th street, you will not find a space this large-priced below $1000/SF. And when you consider that the monthlies are well below $2/sf you know this is the one that makes all the fiscal sense in the world.

Listing History

Now
07/11/2022
$6,975,000
Initial Price by Frans H. Preidel
Brown Harris Stevens
01/09/2022
POM by Frans H. Preidel
Brown Harris Stevens

Building Details

OwnershipCondo
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1935
Financing Allowed90%
Floors/Apts7/7
Learn More About the Building

Transit and Citi Bike

Subway

Broad St
0.15 miles
Wall St
0.18 miles
Whitehall St-South Ferry
0.18 miles
Bowling Green
0.21 miles
Wall St
0.24 miles

Citi Bike

Broad St & Bridge St
0.1 miles
Water St & Gouverneur Ln
0.11 miles

Ferry

Wall St/Pier 11
0.23 miles

Contact Agents

Contact Agents

Frans H. Preidel
Brown Harris Stevens
Darrin Chin
Brown Harris Stevens
View this property on the company's website

Building Availability

APPSF
Median
Average
$923
$3,487,500
$4,137,500
Last 12 months
$39
-
-

Four+ Beds in Financial District

APPSF
Median
Average
$2,934
$10,485,000
$14,852,500

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: 1911346