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

142 Duane Street, #PH1

Listing no longer available on CityRealty as of Jul 21, 2022
It previously was on the market for a total of 167 days.
167 days on Market

Pricing History

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Key Details

  • Listed: Feb 4, 2022
    Last Price Change: -20% ($2.5M) on May 26
    Days on Market: 167
    Building Type: Cooperative
    Neighborhood: Tribeca (Manhattan)
    Listing viewed 443 times
Monthly Maintenance: $11,360 ($1.58/ft2)
Total Taxes & Fees: $11,360 ($1.58/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $56,332 ($7.82/ft2)
Note: the above is based on a down payment of 20% ($2,000,000), which is the minimum amount permitted by the building.

Description

CONDO RULES. NO BOARD APPROVAL!

One of the joys of living in Manhattan is discovering unique spaces which are not visible from the street.

Located in a landmarked, limestone and cast-iron building, this spectacular penthouse is just one of those magical finds.

Designed by Triarch, a noted local architectural firm, and inspired by the timeless spaces of Candela, this stunning residence is as beautiful as it is functional. Offering approximately 7,200 square feet of interior space, the home features 3 bedrooms and a library, and is graced with 2 private outdoor terraces of over 1600 square feet.

Enter through an intimate lobby and take the brand new, key locked elevator to the penthouse. The gracious entry gallery leads to a dramatic, double height living and dining room spanning the entire 41-foot width of the building, illuminated by enormous skylights that run almost the entire expanse of the room.

The center focal point, a Portero marble wood-burning fireplace (one of four located throughout the home) is flanked by paneled walls.

Flowing seamlessly from the dining area, the recently refreshed kitchen is appointed with white quartzite stone countertops and back splashes, a center island with counter seating, custom Bulthaup cabinetry, double ovens, Subzero refrigerator and a 400 bottle walk in wine cellar.

The library features paneled walls, wood burning fireplace, and wet bar. A powder room is conveniently located adjacent to the library.

The private quarters on this floor feature two south facing bedrooms, each with en-suite bathroom and a full-sized laundry room with sink and storage.

A stunning, sky-lit staircase, with hand rubbed bronze railing leads to an open family room which is appointed with a marble fireplace and overlooks the living room below.

The separate and serene primary suite features a dressing room, generous closets and separate sitting room or home office. Both the bedroom and sitting room lead to the private, south facing terrace. The extra-large bath, with an intricate mosaic marble floor, is furnished with radiant heating, a double steam shower, double sinks and tub.

The crowning glory of this home is the private, planted roof deck, from which to enjoy panoramic views over Tribeca.

This beautifully landscaped terrace is perfect for entertaining and features outdoor lighting, irrigation system and a full outdoor kitchen, including a Viking grill, refrigerator, sink and separate storage shed.

The residence features Wenge floors and multi zone central AC.

142 Duane Street is an historic boutique loft building of just 8 units was constructed in 1859 and gut renovated in 1999.

The building operates under CONDO RULES: it is investor-friendly with unlimited subleasing allowed from day one; pieds-a-terre are permitted; and there is NO BOARD APPROVAL for this sponsor sale. The building is a land lease which has no scheduled increases or resets through 2092, keeping monthlies low.

Convenient to all subways, shopping and restaurants, this residence is a rare find and truly the best Tribeca has to offer.

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About 142 Duane Street

75

142 Duane Street has received a CityRealty Rating of 75, 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
+
31
Out of 36
+
16
Out of 39
+
9
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 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:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unrelated Base 0 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:
Outstanding 5 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:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 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:
None 0 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:
No 0 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
  • Co-op
  • Built in 1860
  • 8 Apartments
  • 7 Floors

Building Amenities

  • Conversion Year: 1999
  • Intercom
  • Elevator

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