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A blog from CityRealty (Links below will take you to the 6sqft site)

Cipriani Club Residences, 55 Wall Street

Between Willam Street & Hanover Street

Key Details

  • Year Built 1841
    Converted Year 2006
    Building Type Condominium
    Neighborhood Financial District
  • Total Apartments 106
    Total Floors 9
    Doorman FT Doorman
    Pets Allowed
Avg. Price / ft2
$59
Avg. Price / ft2
Avg. Price / ft2

Description

Cipriani Club Residences at 55 Wall Street is a condo situated in a 19th-century designated landmark with a location, architecture, history, and extensive amenities that few other condos can match, once described in a New York Times article as a property that “may be the most service-oriented new condominium project in New York City.” 

 

In 1841, noted architect Isaiah Rogers constructed the Merchants’ Exchange in grand Greek Revival Style; in 1907, the National City Bank acquired the building and added four more floors behind a second colonnade row, designed by McKim, Mead, and White. Restaurateur Cipriani converted the property in 2006, transforming the grand banking hall, once the world’s largest, into a restaurant and event space, described by author Bill Harris as “one of the world’s most elegant ballrooms.” Another restaurant nestles within the bank’s former vault; both venues offer preferential access to the condo residents.

 

Apartments come with tall ceilings, hardwood floors, unusually broad windows for pre-war buildings (particularly those that look through the Wall Street-facing colonnade), and stone- and wood-trimmed bathrooms.

 

The Residences offer the services of a 24-hour doorman, lobby attendant, porter, butler, round-the-clock concierge, and housekeeping, as well as  preferential access to on-site restaurants, newspaper delivery, private storage, dry cleaning and laundry services, personal/grocery shopping and delivery services, postal and messenger service, lifestyle consulting, flowers and plant care, fresh flower service, dog-sitting and animal grooming, child care, packing and unpacking, plus discounted rates for private events in all Cipriani banquet venues. Amenities include a fitness center, a spa, a classically-styled billiards room, a library, a children’s playroom, a screening room, bicycle storage, and more. Outdoor spaces include a courtyard garden and a landscaped roof deck that looks out to the Financial District’s mythical skyline.

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Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Business Center
  • Event Room
  • Children's Playroom
  • Valet Parking
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Game Room
  • Landmarked
  • Library
  • Live-In Superintendent
  • Restaurant
  • Screening Room
  • Spa / Therapy Room
  • Terraces / Balconies

Apartments for Sale at 55 Wall Street (14)

14
Available Apts
$549K - $1.6M
Price Range
$874
Avg. Price / ft2
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Apartments for Rent at 55 Wall Street (7)

7
Available Apts
$3,200
Prices Start At
$59
Avg. Price / ft2
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Rating

31
Out of 44

Architecture Rating: 31 / 44

+
28
Out of 36

Location Rating: 28 / 36

+
19
Out of 39

Features Rating: 19 / 39

+
10
=
88

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #10 Rated condo - FIDI - BPC
  • #5 Rated condo - Financial District
 

Carter Horsley's Review

Carter Horsley's Building Review
"This very impressive structure, which has gone through many changes, has been known since 2006 as Cipriani Residences at 55 Wall Street, and it is one of Lower Manhattan's most important official landmarks.

Behind its two tiers of massive columns is one of the city’s most spectacular interiors, a 60-foot-high, domed great hall, at the center of the world’s most famous street. " Read Carter's Full Review
Pros
  • Major official city landmark
  • Very good public transportation
  • Room service
  • Housekeeping services
  • Pet-walking
  • Concierge
  • Screening room
  • Business lounge
  • Billiard room
  • Heart of Financial District
  • Close to Subway
Cons
  • Many units
  • No sidewalk landscaping
  • No balconies
  • No garage

Broker & Buyer Comments

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Subways

  1. 2
  2. 3
at William and Cedar 0.05 miles
  1. J
  2. Z
at Nassau and Cedar 0.09 miles
  1. 4
  2. 5
at Broadway and Rector 0.17 miles
  1. R
at Trinity Pl 0.22 miles
  1. 1
at Greenwich 0.25 miles
  1. A
  2. C
at William 0.27 miles
  1. E
at Church and Park Pl 0.45 miles
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$787
Avg. Price / ft2
Based on 3 Sales
 

Closing History - Last 10 sales

10
Units Sold
$475K - $1.2M
Price Range
$843
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 513 Available for Sale
  • $1,619 Avg. Price / Ft2
  • $2,121,313 Avg. Price
  • $1,600,000 Median Price
  1. Most Expensive 130 William Apt PH65 | $20,000,000
    Price / ft2 $4,287
  2. Least Expensive 3 Hanover Square Apt 5K | $412,000
Not enough data available to generate chart.
  • 81 Available for Rent
  • $64 Avg. Price / Ft2
  • $5,096 Avg. Price
  • $4,300 Median Price
  1. Most Expensive 25 Park Row Apt 40A | $16,995
    Price / ft2 $126
  2. Least Expensive Cocoa Exchange Apt 1006 | $2,250
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 361 Total Sales
  • $1,383 Avg. Price / Ft2
  • $1,686,211 Avg. Price
  • $1,275,000 Median Price
  1. Most Expensive 25 Park Row Apt PH45A | $19,500,000
    Price / ft2 $3,274
  2. Least Expensive Cocoa Exchange Apt 1003 | $200,000
    Price / ft2 $541

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