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Southbridge Towers, 299 Pearl Street

between Fulton Street & Frankfort Steret   |    Financial District

new listing alert 2 new apartments just listed! be the first to view

Key Details

  • Co-op
  • Built in 1971
  • 1651 Apartments
  • 6 Floors
  • Size From # avail
  • Studios $469,000 7
  • 1 Bed $649,000 13
  • 2 Beds $969,000 9
  • 3 Beds $1,720,000 1
  • Last updated Nov 22, 2017
  • View apartments for sale
$1,118 Avg. Price / Ft2
$45 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • STUDIO $492,675 6
  • 1 BED $737,643 28
  • 2 BEDS $1,062,915 21
  • 3 BEDS $1,200,000 1
  • Avg. Price based on 56 closings during past 12 months Last updated Nov 22, 2017
  • View all recent sales
$1,038 Avg. Price / Ft2

Overview

75

Southbridge Towers, 299 Pearl Street has received a CityRealty Rating of 75, 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

30
Out of 44
+
25
Out of 36
+
12
Out of 39
+
8
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 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:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 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:
More than 6 Short Blocks 0 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:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 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:
None 0 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:
Yes 1 out of 1 points
Mixed Use:
Yes 1 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:
None 0 out of 2 points
  • #3 Rated co-op - FIDI - BPC
  • #3 Rated co-op - Financial District
How was this building rated?

This low-rise structure is part of the attractive, 9-building complex known as Southbridge Towers that contains 1,651 apartments and was erected in 1971 by Tishman Realty & Construction Company.

Five of the buildings are six stories high and the other four at 27 stories high.  It is to the west of the South Street Seaport.

Five of the buildings – 100 Beekman Street, 77 Fulton Street, 90 Gold Street, 333 Pearl Street, and 299 Pearl Street – are condominium buildings.

The complex, which is bound by Pearl, Frankfort, Gold and Fulton streets, was designed by Gruzen & Partners.

In September, 2014, the residents voted to privatize under the Mitchell-Lama law and reconstitute as a private co-op.

The complex is east of a 9-story office building on Gold Street that was part of the $88 million Brooklyn Bridge Southwest Urban Renewal project that included a new campus for Pace College and a new apartment development, Southbridge Towers, according to a June 4, 1967 article in The New York Times.

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Apts For sale AT 299 Pearl Street (30)

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Apts For rent AT 299 Pearl Street (2)

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Nearby Subway Stations

  1. J
  2. Z
  3. 2
  4. 3
  5. 4
  6. 5
  7. A
  8. C
at William 0.20 miles
  1. 6
at Centre and Reade 0.29 miles
  1. R
at Broadway and Warren 0.37 miles
  1. 1
  2. E
at Broadway 0.43 miles

Carter Horsley's Review

Southbridge Towers, 299 Pearl Street Carter Horsley's Building Review
"This low-rise structure is part of the attractive, 9-building complex known as Southbridge Towers that contains 1,651 apartments and was erected in 1971 by Tishman Realty & Construction Company." Read Carter's Full Review

The pros & cons

Pros
  • Very near the South Street Seaport
  • Some views of Brooklyn Bridge
  • Convenient to the Financial District
  • Garage
  • Extensive landscaping
  • Near City Hall
  • Close to Subway
Cons
  • No fitness center
  • Many apartments
  • No doorman
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Pricing Comparison of Similar Buildings

View Detailed Comparison

Southbridge Towers, 299 Pearl Street - 10 year Sales History

View Full Sales History
 

Southbridge Towers, 299 Pearl Street 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$841,630
AVG Price, based on 56 Sales
 

Loading Recent Closings Table

Southbridge Towers, 299 Pearl Street Alternate Addresses

  • 60 Frankfort Street
  • 66 Frankfort Street
  • 80 Beekman Street
  • 90 Beekman Street
  • 100 Beekman Street
  • 333 Pearl Street
  • 55 Fulton Street
  • 77 Fulton Street
  • 80 Gold Street
  • 90 Gold Street
  • 82 Beekman Street

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 44 Available for Sale
  • $1,047 Avg. Price / Ft2
  • $1,123,189 Avg. Price
  • $887,500 Median Price
  1. Most Expensive The Morse Building Apt 14AB | $3,865,000
    Price / ft2 $1,380
  2. Least Expensive Southbridge Towers Apt 3A | $469,000
Not enough data available to generate chart.
  • 6 Available for Rent
  • $53 Avg. Price / Ft2
  • $3,266 Avg. Price
  • $3,148 Median Price
  1. Most Expensive Southbridge Towers Apt 5H | $4,300
  2. Least Expensive 3 Hanover Square Apt 15H | $2,100
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.
  • 85 Total Sales
  • $1,001 Avg. Price / Ft2
  • $881,558 Avg. Price
  • $775,000 Median Price
  1. Most Expensive The Morse Building Apt 6A | $2,100,128
    Price / ft2 $1,615
  2. Least Expensive Southbridge Towers Apt 25J | $337,550

Similar Buildings

 
new listing alert 2 new apartments just listed! be the first to view
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