Two postwar, midrise condominiums that span two blocks in the heart of Tribeca
Depending on who you ask, New York City real estate typically comes down to three essential ingredients: good natural lighting, square footage and of course, location. Savvy buyers usually want all three commodities, and for those who want to live downtown (and who may already be working there), the postwar midrise known as Greenwich Court may be just the ticket. Built in 1987, these full-service, red brick-clad condominiums are joined by a cylindrical tower and crowned with a metal dome. Together, they take up two entire city blocks right smack in the middle of Tribeca.
One-bedrooms run just over $1 million, and while there’s nothing overtly fancy about the units themselves, many have been renovated and updated over the last 37-odd years and common spaces were redone in the last two years. “They just upgraded the hallways with new carpet and wall coverings to bring it more up to date. They uplifted everything,” says Beth Benalloul, a broker with Corcoran who has sold in the building. “There’s a full-time doorman, which isn’t always the case with buildings in Tribeca. And in terms of location, the reason why my sellers bought it was because they wanted to be in the heart of Tribeca with easy access to transportation.” On record, the 11-story complex has a total of 261 units, but many owners have combined their apartments over the years — which Benalloul considers a good sign because it means residents want to stick around.
Rare to market units that sell fast, typically for under $1 million
Offering studios to three-bedrooms, residences at Greenwich Court don’t stay on the market long. The units originally had parquet floors, but Benalloul notes that “most people rip the parquet and put in more modern flooring,” such as white oak hardwood floors. Buyers can expect some units with quartzite counters, open kitchens with walnut millwork or white lacquer cabinetry and upgraded appliances by GE, Bosch, Sub-Zero and/or Miele, depending on the last owner. Select residences may even have a wine fridge, pull-out pantry or in-unit washer/dryer, although there is also a central laundry room within the building. Each unit has a unique layout, and some include outdoor terraces, which are fairly spacious for New York standards, averaging around 13 x 6.5 feet.
Studios typically average between 430 and 500 square feet and have sold for between $650,000 and $750,000. One-bedrooms average between 679 and 815 square feet, with prices ranging between $750,000 and $1.2 million. Two-bedrooms hit roughly 1,150 square feet and can typically list for around $1.3 million. Although three-bedrooms are rare to find, the most recent listing sold for $3.27 million. Pets and guarantors are also allowed.
Simple amenities with a live-in super, full-time door attendant and roof terrace
In addition to the interior courtyard, “there’s an open roof deck with city views of Tribeca and a little bit of [the Hudson River],” Benalloul says. This landscaped rooftop also has ample seating areas for residents and their guests. Storage and bike storage are available for rent. Residents can also expect a concierge staff and a digital service to update residences on deliveries and building notices. The only drawback for contemporary buyers might be that the building does not have a gym, but Washington Market Park Washington Square Park, with its greenspace and sports courts, is just one block away.
Tribeca living with proximity to the Hudson River Greenway and transportation
Located on Greenwich Street between Chambers and Murray Streets, Greenwich Court is situated in the heart of Tribeca with several small greenspaces and athletic courts nearby. First, there’s Battery Park City Ball Fields just two blocks west of the building, as well as Rockefeller Park, Pier 25 and Pier 26 along the Hudson River Greenway. For commuting between boroughs, the Brookfield Place Terminal Ferry is also within a short walking distance, and one block away, residents can access the 1, 2 and 3 trains at Chambers Street Station. For dining, there’s Sant Ambroeus Brookfield for Italian fare in a chic setting, and buyers will love that there’s a Whole Foods directly across the street from the condominium. Lastly, for families with high school age children, one of NYC’s top high schools, Stuyvesant High School, is just two blocks away.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Biker's Paradise
Bike Score®
90/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Battery Park City Ball Fields
3 min walk
Baseball/Softball
Soccer
Duane Park
4 min walk
Trails
Washington Market Park
5 min walk
Trails
Playground
Botanical Gardens
Teardrop Park
6 min walk
Trails
Playground
Multi-Purpose Field
Nelson A. Rockefeller Park
7 min walk
Basketball
Picnic Area
Trails
City Hall Park
7 min walk
Picnic Area
Trails
Parking Lot
Liberty Park
8 min walk
Picnic Area
African Burial Ground National Monument
9 min walk
Picnic Area
Trails
Multi-Purpose Field
Zuccotti Park
9 min walk
Schools
Source:
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