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481 Greenwich Street: Review and Ratings

Carter Horsley
Review of 481 Greenwich Street by Carter Horsley
Carter Horsley Carter B. Horsley, a former journalist for The New York Times, The International Herald Tribune and The New York Post. Mr. Horsley is also the editorial director of

This former warehouse building on the northeast corner of Canal Street at 481 Greenwich Street in the Hudson Square area is very close to the Manhattan entrance to the Holland Tunnel and was built in 1909. 

It consists of three industrial buildings that have been converted to 18 residential condominiums including a very spiffy duplex penthouse. 

Alexandr Neratoff was the architect.

Bottom Line

Close to the Hudson River, this condominium has high ceilings, triple-paned windows and is convenient to the SoHo, West Village and TriBeCa neighborhoods.


The buff-colored brick buildings have neat, compartmentalized façades with large windows, some with protruding air-conditioners. 

The corner building has a broad bandcourse above its ground floor and while its Canal Street frontage has a simple top, its Greenwich Street façade is set back and sports a glass wall that is angled toward the street and is not quite aligned with the street wall in a rather startling fashion.


The building, which is also known as 515-521 Canal Street, has an elevator and permits pets.


The duplex penthouse is very dramatic with a spiral staircase on its outdoor lower level next to a pergola.  The three-bedroom unit has 4,500 square feet of interior space with ceiling heights of more than 11 feet and 3,400 square feet of outdoor space. 

Apartment 3B is a three-bedroom unit with a 40-foot-long living/dining/library with a 14-foot-wide pass-through kitchen, a 15-foot-long den and a 23-foot-long hall area. 

Apartment 4 pm has a large living/dining area with a fireplace and an open kitchen, 12-foot-long home office, a 13-foot-wide media room and three bedrooms.


Out of 44

Architecture Rating: 19 / 44

Out of 36

Location Rating: 28 / 36

Out of 39

Features Rating: 14 / 39


CityRealty Rating Reference

  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #43 Rated condo - SoHo
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