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

W Downtown Hotel & Residences, 123 Washington Street, #30FL

$6,800,000 ($1,712 per ft2) | 6+ beds, 6+ baths | Approx. 3,972 ft2

Key Details

  • Listed May 4, 2019
    Days on Market 134
    Building Type Condominium
    Neighborhood Financial District
  • Monthly Common Charges $7,045
    Monthly Real Estate Taxes $3,154
    Doorman FT Doorman

Description

Priced considerably below the comparable apartments in the building, the thirtieth floor portfolio is a perfect opportunity for investors looking for a collection of income generating units. The properties can be obtained as a singular bulk purchase, individually, or as several groupings.


Located in the heart of the new downtown, surrounded by megaprojects such as the new World Trade Center, 125 Greenwich Street, One Wall Street, the new Brookfield/Westfield retail corridor, the new South Street Seaport, and the billions of private investment into the area south of Chambers Street, the long-term upside of the properties is clear.


The W New York Downtown Hotel & Residences is the first globally branded luxury hotel and residences of its size and scale in downtown New York. The Residences at the W New York – Downtown offers a world-class lifestyle complete with all the perks of a being a guest of W Hotels. The building’s resident amenities include privileged insider access to FIT state-of-the-art fitness facility, preferred dining reservations, seating and in-residence dining at the hotels signature BLT Bar.

Additionally, residents have exclusive access to a digital lounge with large flat screens, video game systems and wireless Internet, a media screening room, cafe, gym and a private residents-only rooftop terrace overlooking New York City. Call for details; as all apartments are tenanted at least 24 hours of notice is required for showings.


More information available by request.

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Apartment Amenities

  • Northern Exposures
  • City View
  • Washer/Dryer in apt.

Estimated Monthly Cost

About W Downtown Hotel & Residences, 123 Washington Street

86

W Downtown Hotel & Residences, 123 Washington Street has received a CityRealty Rating of 86, 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
+
30
Out of 36
+
17
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 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:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 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:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 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:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 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:
Many 2 out of 2 points
  • Condo
  • Built in 2010
  • 222 Apartments
  • 57 Floors

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Hi Rise
  • Post War
  • Basement Storage
  • Central AC
  • Full Service Garage
  • Health Club
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Party Room
  • Event Room
  • Valet Parking
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • Live-In Superintendent
  • Screening Room
  • Terraces / Balconies
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer

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Pros
  • Spa services
  • Handsome lobby
  • Excellent public transportation
  • Close to Financial District
  • Close to Subway
  • Stunning views
  • Catering services
  • Close to World Trade Center Memorial
  • Concierge services
  • Housekeeping services
  • Close to Battery Park City
  • Rooftop terrace
Cons
  • Many apartments
  • Small apartments
  • No balconies
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Subways

  1. 1
at Greenwich 0.12 miles
  1. R
at Trinity Pl 0.14 miles
  1. 4
  2. 5
at Broadway and Rector 0.15 miles
  1. J
  2. Z
  3. 2
  4. 3
  5. A
  6. C
at Broadway 0.24 miles
  1. E
at Church and Park Pl 0.31 miles

Aerial Imagery

 
About this Building

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Listing provided courtesy of Compass
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