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

The Greenwich Street Project, 497 Greenwich Street

Between Canal Street & Spring Street

Key Details

  • Year Built 2003
    Building Type Condominium
    Neighborhood SoHo
  • Total Apartments 24
    Total Floors 11
    Doorman FT Doorman
    Pets Allowed
Avg. Price / ft2
Avg. Price / ft2

Description

The Greenwich Street Project at 497 Greenwich Street is a former industrial space in SoHo that was converted and expanded in 2003.

It is one of the most distinct new developments in Lower Manhattan, with a rippling glass façade and six small protruding parapet balconies. It offers residents varied floor plans and modern loft living. Apartments are spacious, with some rooms measuring longer than 30 feet. Kitchens and master bathrooms are equipped with topnotch appliances and fixtures and distinguished by impressive architectural details.

Amenities at the Greenwich Street Project include a multi-level fitness center, an endless swimming pool, a sauna, storage space, a screening and meeting room, a private garden and wine storage. It is convenient to many restaurants, retail stores, art galleries and nightlife and is close to TriBeCa.

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Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Resident Storage
  • Garden
  • Health Club
  • Pool
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Fireplaces
  • Screening Room
  • Spa / Therapy Room
  • Terraces / Balconies

Apartments for Sale at 497 Greenwich Street (2)

2
Available Apts
$2.5M - $10M
Price Range
$2,027
Avg. Price / ft2
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Rating

27
Out of 44

Architecture Rating: 27 / 44

+
29
Out of 36

Location Rating: 29 / 36

+
20
Out of 39

Features Rating: 20 / 39

+
10
=
86

CityRealty Rating Reference

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

Carter Horsley's Review

Carter Horsley's Building Review
"The Greenwich Street Project renovation and expansion in 2004 of a small, former industrial loft building at 497 Greenwich Street in SoHo into 23 luxury residential condominiums is one of the most spectacular modest-size projects in the city in decades.

It is all the more exciting because it is tucked away in a mid-block location in what has become informally known as "Hudson Square," the former hub of Manhattan's commercial printing district, which sits alongside the Hudson River between TriBeCa and the village. It's not too far away from an architecturally ancestor, the dramatically curved façade of the Shaare Zedek Synagogue at 47 White Street that was designed in 1967 by William Breger." Read Carter's Full Review
Pros
  • Architecturally distinguished
  • Fitness center with pool- showers and sauna
  • High ceilings
  • Some balconies
  • Wine cellars
  • Private landscaped garden
  • Concierge
  • Convenient to SoHo boutiques
  • Convenient to TriBeCa restaurants
  • Close to Hudson River Park
  • Interesting street
  • Close to Subway
Cons
  • No sundeck
  • Minimal shopping nearby
  • Near Holland Tunnel
  • No garage
  • Exposed rooftop water tank
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Subways

  1. 1
at Varick 0.23 miles
  1. C
  2. E
at 6th Ave and Vandam 0.28 miles
  1. A
at Thompson 0.37 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,602
Avg. Price / ft2
Based on 2 Sales
 

Closing History - Last 10 sales

10
Units Sold
$2.1M - $5.6M
Price Range
$1,516
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 273 Available for Sale
  • $2,209 Avg. Price / Ft2
  • $4,308,432 Avg. Price
  • $2,925,000 Median Price
  1. Most Expensive 69 Wooster Street Apt PENTHOUSE | $32,000,000
    Price / ft2 $4,267
  2. Least Expensive 147 Sullivan Street Apt 3C | $450,000
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 283 Total Sales
  • $1,919 Avg. Price / Ft2
  • $2,994,818 Avg. Price
  • $2,329,756 Median Price
  1. Most Expensive 565 Broome SoHo Apt SPHB | $22,583,490
    Price / ft2 $5,098
  2. Least Expensive 195 Prince Street Apt 1R | $305,475

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