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56 Leonard Street #PH54; Images via Compass 56 Leonard Street #PH54; Images via Compass
With 56 Leonard Street finally finished, condo re-sales continue to trickle in for the Tribeca skyscraper. The latest to come in is a magnificent full-floor penthouse on the 54th floor with 4 private terraces and all-encompassing city views. The 4-bed/ 4.5 bath spread is accessed by private key-locked elevators and is impressively enclosed by 14-foot high glass walls.
56-Leonard-Street-023 Floorplan of #PH54
The boldly energetic Tribeca skyscraper is designed by the Pritzker-Prize-winning architects of Herzog & de Meuron and has been more than ten years in the making. Sales first launched in Fall 2008 (yikes) and the project eventually stalled with the original developer, Alexico Group going bankrupt in the process. Now, for those investors/buyers who stuck through the project to see these brighter days, your patience is paying off. Penthouse #54 was originally signed into contract in 2013 for $23.982M, 10% below its asking price and now with the building open, the unit is back on the market for $30M, roughly 25% more than its prior sale.
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Like many of 56 Leonard’s high-floor units, residents enter a gallery foyer that leads into graciously-scaled entertainment room anchored by a wood-burning fireplace. The great room, library and conservatory all have direct access to a 26’ x 41’ corner terrace with unobstructed views of the Hudson River, Empire State Building and Midtown. The light-filled kitchen is positioned along the building’s southern elevation and features the signature grand piano-shaped island and custom-sculpted range hood.
The four bedroom suites are set along the eastern side of the floor and all come with en-suite baths and access to outdoor space. The master suite faces north and features sleeping and lounging areas, two walk-in closets and a private balcony. The five-fixture master bath has travertine floors, Thassos marble mosaic tile walls, a custom-designed double vanity and a free-standing tub.
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