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108 Leonard Street, #PHN

$24,450,000 ($3,911 per ft2) +2% | 5 beds, 5 baths | Approx. 6,252 ft2
728 days on Market

Key Details

  • Listed: Mar 3, 2022
    Last Price Change: +2% ($480,000) on May 5
    Days on Market: 728
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Listing viewed 5,464 times
Monthly Common Charges: $9,643
Monthly Real Estate Taxes: $9,107
Total Taxes & Fees: $18,750 ($3.00/ft2)
Est. Monthly Mortgage: $132,771
Total Est. Monthly Carrying Cost: $151,521 ($24.24/ft2)
Note: the above is based on a down payment of 20% ($4,890,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Space and Layout: The penthouse offers approximately 6,252 square feet of indoor space and an additional 2,173 square feet of combined outdoor space. It features 5 bedrooms, 5 bathrooms, 2 powder rooms, a large media room with a glass wall leading to a large southern terrace, and a private internal elevator and hidden internal staircase.
  • Interior Design: The penthouse boasts massive arched windows with open views to the North and East, chevron wood floors, a stunning marble fireplace, and a windowed eat-in kitchen with a separate bar area. The kitchen is equipped with Scavolini cabinetry and Arabescato Cerviole marble countertop.
  • Premium Appliances: The kitchen is fitted with premium Miele appliances including a 6-burner gas cooktop, double dishwasher, and a 100-bottle wine refrigerator.
  • Primary Suite: The primary suite occupies the entire 16th floor, offering exceptional light and views from three exposures.
  • Cost and Fees: The penthouse is listed for $24,450,000 ($3,911 per ft2) as of Mar 3, 2022. The monthly common charges are $9,643, and the monthly real estate taxes are $9,107, making the total taxes & fees $18,750 ($3.00/ft2).
  • Location and Building: The Crown Penthouse is located at 108 Leonard Street, Tribeca, in a building that was built in 1898 and converted in 2018. The building has 160 apartments spread over 13 floors and offers multiple attended lobbies, a discreet drive-in motor reception with private valet parking, and over 20,000 square feet of wellness-driven amenities.

Description

Terrace Penthouse North, known as The Crown Penthouse, is a one-of-kind residence set within The Crown Collection at 108 Leonard.

This 6,252 square foot "Townhouse in the Sky" is a 5 bedroom, 5 bath, 2 powder room triplex residence with an additional 2,173 square feet of combined outdoor space and features impressive size, volume, and character. Upon arrival on the 14th floor, a gracious foyer leads to a ballroom-sized great room on the Northeast corner of the building surrounded by massive arched windows and open views to the North and of the iconic bridges to the East. Grandeur and volume of approximately 16’ is complemented by deep crown moldings, chevron wood floors, and a stunning marble fireplace.

Double slider doors lead to a massive, windowed eat-in kitchen with separate bar area. Scavolini cabinetry -- custom designed by Jeffrey Beers International exclusively for 108 Leonard -- is featured along with an Arabescato Cerviole marble countertop, backsplash, and waterfall island replete with supplemental storage and ideal for both every day and occasional entertaining. The kitchen is outfitted with premium Miele appliances including a 6-burner gas cooktop, a vented hood, double dishwasher, a combination steam/convection oven with warming drawer, an electric speed oven, an espresso station, and a 100-bottle wine refrigerator.

This floor also features a signature powder room with sculptural Nero Marquina marble sink, Murano glass faucets, and a black metal mirror with integrated lighting as well as a separate bedroom suite which is tucked away and ideal as a private home office or guest suite.

From either the hidden internal staircase or the private internal elevator, one ascends to the 15th floor which features a large media room with a glass wall leading to an equally large southern terrace. A second wet bar area and signature powder room are adjacent to this entertaining space, and a central gallery leads to a laundry room and three distinct bedroom suites each with en suite baths and individual access to either the Southern or Northern terraces.

The stunning primary suite occupies the entire 16th floor creating a private sanctuary with exceptional light and views from three exposures: the Empire State Building and Midtown skyline to the North, the East River and all three iconic bridges to the East, and the Municipal Building and City Hall to the South. This floor also features a sprawling East-facing private terrace highlighted by the copper-clad historic Cupola of the building.

Erected of glass walls, the suite offers a marble fireplace, midnight kitchen, ample walk-in closet space, and a separate sitting area/dressing room. Two totally separate, glass wrapped baths face north and feature high-honed Calacatta Mandria marble floors and walls; one with a freestanding soaking tub facing the Empire State Building and a separate shower and the other with an oversized walk-in shower. Custom double vanities with Fantini polished chrome fixtures and two water closets are also featured.

108 Leonard offers multiple attended lobbies, a discreet drive-in motor reception with private valet parking and over 20,000 square feet of wellness-driven amenities built for entertaining, repose and revitalization.

Award-winning hospitality design firm Jeffrey Beers International has scrupulously restored renowned architect McKim Mead & White’s Italian Renaissance Revival landmark; masterfully imbuing a distinctly contemporary yet timeless point of view within Tribeca’s most iconic century-old building.

Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing. The complete terms are in an offering plan available from the Sponsor (File No: CD16-0364).

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Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 108 Leonard Street

91

108 Leonard Street has received a CityRealty Rating of 91, 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

31
Out of 44
+
27
Out of 36
+
23
Out of 39
+
10
=
91
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 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:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 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:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 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:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
Stunning 5 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 out of 1 points
Driveway:
Yes 1 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2018
  • Concierge
  • High-Rise
  • Pre War
  • Central AC
  • Full Service Garage
  • Pool
  • Rooftop Terrace
  • Elevator
  • Lounge
  • Fitness Center
  • Laundry Room
  • In-Unit Washer/Dryer
  • Fireplaces
  • Landmarked
  • Porte-Cochère / Driveway

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Pros
  • McKim, Mead & White 1898 building
  • Lavish residential conversion designed by Jeffery Beers
  • Spectacular lobby
  • Large apartments with high ceilings
  • Large swimming pool
  • Landscaped roof deck with pergolas and cabanas
  • Fitness center
  • Entrance marquee
  • Concierge
  • Large wine cellar and dining room
  • Screening room
  • Billiards room
  • Close to Foley Square and City Hall Park
  • Garage and interior driveway
Cons
  • Many apartments
  • Only a mid-rise building
  • Missing major clocktower sculpture
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Centre 0.21 miles
  1. 4
  2. 5
at Lafayette and Duane 0.22 miles
  1. 1
at Varick and North Moore 0.28 miles
  1. 2
  2. 3
  3. A
  4. C
  5. E
at Church 0.32 miles

Aerial Imagery

 

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