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The Beekman Residences, 5 Beekman Street

Between Theater Alley & Nassau Street

Key Details

  • Year Built 2016
    Building Type Condominium
    Neighborhood Financial District
  • Total Apartments 68
    Total Floors 51
    Doorman FT Doorman
$2,156
Avg. Price / ft2
$89
Avg. Price / ft2
$2,064
Avg. Price / ft2

Rating

30
Out of 44

Architecture Rating: 30 / 44

+
29
Out of 36

Location Rating: 29 / 36

+
20
Out of 39

Features Rating: 20 / 39

+
10
=
89

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
  • #5 Rated condo - FIDI - BPC
  • #2 Rated condo - Financial District
 

Description

The Beekman Residences are 68 condominiums in a 51-story tower at 115 Nassau Street adjacent to Temple Court, the 10-story, former 1883 office building at 5 Beekman Street with tall pyramid corners just a few feet east of Park Row at City Hall Park.

The red terra-cotta building on Beekman Street is being converted to a 287-room hotel with a very large, skylit atrium with very decorative and ornate railings and arched arcades that is very reminiscent of one of the major scenes in “Bladerunner,” the famous movie that was partially shot in the famous Bradley Building in downtown Los Angeles.

The new, adjacent tower is “a dynamic reinterpretation of the cast-iron elevation of The Beekman Atrium; exposed and engraved concrete columns create a muscular elevation that celebrates the structure of the tower,” according to Randy Gerner of Gerner, Kronick + Valcarcel the architect for the project.  “Above all,” he continued on the project’s website, “the tower’s dual crowns are a tribute to the restored Temple Court turrets.”

The thin tower appears to be white in a rendering and its pyramid towers appear to be very thin, almost transparent structures.

Gerner, Kronick + Valcarel is the architect for the project that is being developed by GFI Development Company, whose other projects in New York include the Ace and NoMad hotels, and GB Lodging, which was founded in 2011 by Allen Gross, founder and president of GFI Capital Resources Group, an affiliate of GFI Development, and Bruce Blum.

Thomas Juul-Hansen is the interior designer for the residential tower in which apartments start at 172 feet up and Martin Brudnizki is the interior designer for the Beekman Hotel.

It is scheduled to open in 2015.

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Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Hi Rise
  • Post War
  • Central AC
  • Health Club
  • Roof Deck
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • Valet Services
  • Screening Room
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Apartments for Sale at 5 Beekman Street (12)

12
Available Apts
$1.9M - $13M
Price Range
$2,156
Avg. Price / ft2
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Apartments for Rent at 5 Beekman Street (4)

4
Available Apts
$11,500
Prices Start At
$89
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"The Beekman Residences are 68 condominiums in a 51-story tower at 115 Nassau Street adjacent to Temple Court, the 10-story, former 1883 office building at 5 Beekman Street with tall pyramid corners just a few feet east of Park Row at City Hall Park.
The red terra-cotta building on Beekman Street is being converted to a 287-room hotel with a very large, skylit atrium with very decorative and ornate railings and arched arcades that is very reminiscent of one of the major scenes in “Bladerunner,” the famous movie that was partially shot in the famous Bradley Building in downtown Los Angeles." Read Carter's Full Review
Pros
  • Great views
  • Close to Civic Center
  • Close to Chinatown
  • Close to TriBeCa
  • Close to Financial district
  • Convenient public transportation
  • Restaurants
  • Hotel services
  • Roof deck
  • Fitness center
  • Concierge
  • Doorman
  • Part of historic complex overlooking City Hall Park
  • Close to Subway
Cons
  • No balconies
  • No sidewalk landscaping
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More Neighborhood Info

Subways

  1. J
  2. Z
  3. 2
  4. 3
  5. 4
  6. 5
  7. A
  8. C
at Nassau 0.07 miles
  1. R
at Broadway and Warren 0.14 miles
  1. 1
  2. E
at Broadway 0.16 miles
  1. 6
at Centre and Reade 0.19 miles
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$2,064
Avg. Price / ft2
Based on 9 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$2.4M - $11.6M
Price Range
$2,184
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.
  • 474 Available for Sale
  • $1,643 Avg. Price / Ft2
  • $2,191,440 Avg. Price
  • $1,640,000 Median Price
  1. Most Expensive 70 Broad Street Apt | $46,000,000
  2. Least Expensive 56 Pine Street Apt 7E | $475,000
    Price / ft2 $1,105
Not enough data available to generate chart.
  • 181 Available for Rent
  • $66 Avg. Price / Ft2
  • $5,490 Avg. Price
  • $4,200 Median Price
  1. Most Expensive 50 West Apt 32C | $35,000
    Price / ft2 $89
  2. Least Expensive The Bindery Apt 4C | $2,350
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.
  • 231 Total Sales
  • $1,258 Avg. Price / Ft2
  • $1,335,479 Avg. Price
  • $1,050,000 Median Price
  1. Most Expensive 114 Liberty Street Apt 9 | $7,650,000
    Price / ft2 $1,275
  2. Least Expensive Greenwich Club Apt 1502 | $368,786
    Price / ft2 $709

Alternate Addresses

  • 115 Nassau Street
  • 117 Nassau Street
  • 5 Beekman Street
  • 8 Theater Alley

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