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Top Five Condos This Week in FIDI Top Five Condos This Week in FIDI
Located on Manhattan's southeastern tip, the Financial District (FIDI) is the financial heart of the city, boasting the New York Stock Exchange and Federal Reserve Bank of New York. The neighborhood consists of the area south of City Hall Park and east of Battery Park City. While it was once a neighborhood known for traders and office workers, the recent conversions of office real estate to residential developments has attracted young professionals to move in. The neighborhood also features many high-end buildings with more affordable residences than what one would find in other family-friendly neighborhoods.

The Financial District currently has 509 units for sale. The median price of condos is $1.9M and the median price of co-ops is significantly less, at $764K. The top ten FIDI condos on CityRealty right now are:

1. W New York Downtown, 123 Washington Street

2. 20 Pine Street

3. Southbridge Towers, 299 Pearl Street

4. 75 Wall Street

5. Downtown Club, 20 West Street

6. Downtown By Starck, 15 Broad Street

7. 15 William NY, 15 William Street

8. Greenwich Club, 88 Greenwich Street

9. 50 West Street

10. The Setai Wall Street, 40 Broad Street


1. 3 Hanover Square, #21E

— For $425,000
3-hanover-square-21E Image via Corcoran
This studio apartment is the most popular search this week which makes sense since it also happens to be the least expensive sales listing in FIDI. It's located in 3 Hanover Square, a full-service co-op building that's also pet-friendly. The best part about this studio is that it doesn't compromise on kitchen space like most studios do - there's a full-sized, renovated and windowed kitchen with a dishwasher, plenty of cabinet storage and prep space, and a full-size refrigerator. There is also a renovated, windowed bathroom with a dressing area and tiled stall shower. Building amenities include a full-time doorman, on-site maintenance, same floor laundry utilities, and an opportunity to purchase private storage. Definitely a steal.

2. Downtown Club, 20 West Street, #21K

— For $795K
20-west-street-21k Image via New York Residence Inc.
The second listing is also a good deal considering it comes from a historically landmarked full-service condominium, the Downtown Club at 20 West Street. Unit 21K is an east-facing loft-like apartment that contains 1 bedroom and 1 bathroom. The sun-filled residence is modern with an open layout that seamlessly connects the living area to the kitchen, which features stainless steel appliances and granite countertops. The location couldn't be better with the World Trade Center nearby and red, green, yellow subway lines within a 1-block radius.

3. Southbridge Towers, 299 Pearl Street, #13J

— For $759,000
southbridge-towers-13J Image via Mont Sky Real Estate LLC
Southbridge Towers is a huge complex with more than 1,000 units in its 9 buildings, made up of condos and co-ops. The complex also has quite a few affordable residences like this one at 90 Gold Street. Subpar listing photos aside, unit 13J is a fully renovated 1-bedroom apartment with views of the Empire State building, beautiful laminate flooring throughout, and custom-made closet doors. It's also move-in ready with the option of coming furnished. The low maintenance cost of $615 includes gas, electric, air conditioning, heat and water.

4. W New York Downtown, 123 Washington Street, #39A

— For $1,495,000
123-washington-street-39A Image via The Nassimi Group
This modern residence lies within the 57-story condominium at 123 Washington Street. The 1-bedroom, 1-bathroom home spans nearly 800 square feet and includes views of the 9/11 Memorial Park, Statue of Liberty, the Hudson River, NYC and beyond from every window. The home itself is spacious and modern with open layouts and a kitchen featuring Italian white lacquer cabinetry and premium appliances. Building amenities include a courtyard, roof deck, terrace, fitness room, maid & laundry service, and a health club.

5. Southbridge Towers, 299 Pearl Street, #12G

— For $569,000
southbridge-towers-12G Image via Corcoran
This spacious and bright alcove studio is one of the cheapest studio apartments available in FIDI and is also located in Southbridge Towers. The residence, which can easily be converted into a 1-bedroom unit, is composed of west-facing windows, an eat-in separate windowed kitchen, and closet space. It is pleasantly spacious and well-designed with a low monthly maintenance that includes electric, heat and hot water. The surrounding neighborhood is full of restaurants, cafes, high-end shopping and plenty of transportation options.
Check out the current sales listings in FIDI below:
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Content Specialist Sandra Herrera Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.