Southbridge Towers, 90 Gold Street - Financial District
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Southbridge Towers
Southbridge Towers
Southbridge Towers is a prominent residential cooperative complex consisting of nine buildings in Manhattan's Financial District/Seaport area. The complex's main high-rise at 90 Gold Street stands 27 stories tall and is part of a 1,651-unit development that has become known for its extraordinarily low maintenance costs, which uniquely include utilities such as electricity, gas, heat, and hot water.
The complex offers residents a comprehensive suite of amenities including part-time lobby attendants, 24-hour security, on-site laundry facilities, two ICON parking garages with discounted shareholder rates, basketball courts, pickleball/tennis courts, two playgrounds, and a recreation center. The property also features landscaped gardens and optional storage facilities for additional fees.
Situated in a prime downtown location, Southbridge Towers provides easy access to South Street Seaport, Wall Street, Brookfield Place, and the Oculus. The location offers exceptional transit connectivity, with nearby access to multiple subway lines including the A, C, E, 1, 2, 3, 4, 5, 6, J, Z, R, and W trains.
The cooperative maintains a flexible ownership policy, permitting co-purchasing, pied-à-terres, and pets with board approval. Shareholders are allowed to sublet their units after two years of ownership, for two out of every five years. A 2.5% flip tax applies to sales.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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