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481 Greenwich Street, #5A

Listing no longer available on CityRealty as of Dec 27, 2020
It previously was on the market for a total of 549 days.
549 days on Market

Pricing History

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Key Details

  • Listed: Jun 27, 2019
    Last Price Change: -7% ($300,000) on Dec 2
    Days on Market: 549
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
Monthly Common Charges: $2,208
Monthly Real Estate Taxes: $2,899
Total Taxes & Fees: $5,107 ($1.57/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $27,040 ($8.33/ft2)
Note: the above is based on a down payment of 20% ($799,000), which is the minimum amount permitted by the building.

Description

Raw industrial space offering details truly hard to find these days – fluted cement & steel columns, beamed ceilings, exposed brick walls, and the possibility of uncovering the original concrete floors. Located in a boutique condominium within Hudson Square – a neighborhood at the crossroads of the West Village, SoHo and TriBeCa. This 3,250 square-foot open loft has been fully plumbed with approved plans – ready for you to jump right in and create a custom designed 3-bedroom, 3.5-bathroom luxury home with ample space to add additional interior rooms for storage, a home office or a media room. The front of the loft, where the kitchen, living and dining areas would be located, features 10-foot ceilings, and a 42-foot spanse of new tilt and turn windows with a western exposure. In the home’s rear, the current approved plan would allow for 3 generously sized bedrooms each with en-suite bathrooms, central air, and significant closets space.

The current owners have plumbed the space to accommodate the planned bathrooms, enabling the next buyer to get right to work and complete the project in a short period of time. The Canal Greenwich Condominium, once a commercial warehouse home to the Tetley Tea Company, is undergoing its final upgrades including new lobbies, elevators, security system, awnings, exterior entrances, sidewalks and lighting. This cement and steel building has a part-time super and video security. Located at the crossroads of the West Village, SoHo and TriBeCa, you are near to Hudson River Park and Downtown’s best dining and shopping.

0.5% flip tax paid by buyer.

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About 481 Greenwich Street

69

481 Greenwich Street has received a CityRealty Rating of 69, 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

19
Out of 44
+
28
Out of 36
+
14
Out of 39
+
8
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 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:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 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:
3-6 Short Blocks 1 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:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 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:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Pre War
  • Elevator

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