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

Five Nine John Lofts, 59 John Street, #PH1

$2,750,000 ($1,482 per ft2) -32.9% | 2 beds, 2.5 baths | Approx. 1,856 ft2
477 days on Market

Key Details

  • Listed Aug 16, 2019
    Last Price Change -32.9% ($140,000) on Oct 30
    Days on Market 477
    Building Type Condominium
    Neighborhood Financial District
  • Monthly Common Charges $2,629
    Monthly Real Estate Taxes $3,046
    Doorman FT Doorman

Description

THE APARTMENT: Perched atop a luxurious, boutique full service building in the heart of the revitalized Financial District neighborhood, is this wonderful penthouse home. Enveloped in 478 square feet of private outdoor space, this home is a fabulous retreat from the bustling city below. This loft like space faces south and east, allowing bright sunshine to fill the space indoors and flood the terrace all day long.

The generously sized great room feels open and airy, thanks to the soaring 11-foot ceilings, and oversized windows with glass terrace doors. A rare amenity in NYC, the stylish fireplace is sure to add pizzazz when entertaining or help you wind down after a long day. The beautifully updated chef's kitchen features gorgeous lacquer cabinetry, granite countertops and a Viking stove.

The massive master bedroom features a spa like en-suite bathroom, complete with a marble soaking tub, separate glass shower and dual sink vanity. A large walk-in closet makes organization a breeze. The large second bedroom has ample closet space and also features an updated marble en-suite bathroom.

Additionally, there is a powder room for guests off of the foyer. Other noteworthy features include: hardwood flooring and lighting upgrades throughout, and the home is complete with a laundry closet with washer and dryer. THE BUILDING: 59 John Lofts is a conversion development, reimagined into a boutique condominium by famed designer Andres Escobar. Tastefully done, and recently upgraded common areas make the building feel brand new.

Residents have exclusive use of a finished large roof top deck with communal grills, an exercise room with cardio and weight training equipment, and a library lounge for quiet reading or entertaining guests. THE LOCATION: The Financial District has undergone a major transformation over the past decade, but the best is still yet to come. With major restaurants, hotels, and condominium towers in the works - all surrounding 59 John Street - the investment potential here is huge.

The area is quickly becoming a hotspot for high end retail, culinary excellence and entertainment and is even more desirable thanks to its convenient access to transportation and beautiful parks. A brand new Whole Foods is joining the neighborhood and Eataly is steps away.

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Apartment Amenities

  • Terrace

Pricing History

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Estimated Monthly Cost

About Five Nine John Lofts, 59 John Street

67

Five Nine John Lofts, 59 John Street has received a CityRealty Rating of 67, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
26
Out of 36
+
16
Out of 39
+
7
=
67
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Condo
  • Built in 1909
  • 74 Apartments
  • 13 Floors

Building Amenities

  • Conversion Year: 2004
  • Attended Lobby
  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Business Center
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Library
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Central Financial District location
  • Andres Escobar designed interiors
  • Garden
  • Media large
  • Fitness center
  • Concierge
  • Large lobby
  • Good public transportation
  • Close to Subway
Cons
  • No roof deck
  • Many apartments
  • No sidewalk landscaping
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Subways

  1. J
  2. Z
  3. 2
  4. 3
  5. 4
  6. 5
  7. A
  8. C
at William 0.05 miles
  1. R
at Church and Dey 0.23 miles
  1. E
at Church and Park Pl 0.28 miles
  1. 1
at Broadway 0.29 miles
  1. 6
at Centre and Reade 0.33 miles
About this Building

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