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

The American Thread Building, 260 West Broadway

Between Beach Street & York Street

Key Details

  • Year Built 1896
    Building Type Condominium
    Neighborhood Tribeca
  • Total Apartments 50
    Total Floors 11
    Doorman FT Doorman
$2,179
Avg. Price / ft2
$1,728
Avg. Price / ft2

Rating

24
Out of 44

Architecture Rating: 24 / 44

+
29
Out of 36

Location Rating: 29 / 36

+
17
Out of 39

Features Rating: 17 / 39

+
8
=
78

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
  • #40 Rated condo - Tribeca
 

Description

The American Thread Building is located at 260 West Broadway in TriBeCa.

260 West Broadway was formerly known as the Wool Exchange Building, as its developers had hoped it would enable New York to overtake Boston as the center of the nation's wool trade. Their subsequent failure allowed the American Thread Company to move into the site, which was converted into loft-style apartments in 1980 and retains the company's name.

Residences have tall high ceilings and maintain original architectural touches; many units have been updated in recent years and boast kitchens and master bathrooms that are spacious and feature premium appliances and deluxe fixtures.

Residents of 260 West Broadway have access to amenities including an attended lobby, concierge service, a roof deck, a garden, basement storage and a health club. It is also convenient to the shops and restaurants in the surrounding neighborhood and SoHo.

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Building Amenities

  • Concierge
  • FT Doorman
  • Pre War
  • Basement Storage
  • Central AC
  • Garden
  • Health Club
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies
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Apartments for Sale at 260 West Broadway (5)

5
Available Apts
$6M - $11.5M
Price Range
$2,179
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"One of the first conversions of a large commercial building in TriBeCa to luxury loft apartments, the American Thread Building at 260 West Broadway is a very handsome structure with a curved frontage overlooking a small park.

It was erected in 1894-6 by the New York Wool Warehouse Company as the Wool Exchange Building.  It housed the American Thread Company from 1901 to 1964.  In 1979, it housed an exhibition space in which 20-year-old Keith Haring painted a mural that was rediscovered in 2007 by contractors converted the space to a triplex. " Read Carter's Full Review
Pros
  • Curved facade
  • Health club
  • Good TriBeCa location
  • Convenient to SoHo
  • Handsome entrance
  • Roof deck
  • Concierge
  • Some spectacular layouts
  • Excellent views
  • Good public transportation
  • Overlooks nice small park
  • Close to Subway
Cons
  • No garage
  • Missing cornice
  • No sidewalk landscaping
  • Staircase entrance
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More Neighborhood Info

Subways

  1. C
  2. A
  3. E
at Thompson 0.03 miles
  1. 1
at Varick and North Moore 0.11 miles
  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.22 miles
  1. 2
  2. 3
at West Broadway 0.40 miles
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,728
Avg. Price / ft2
Based on 2 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$1.8M - $10M
Price Range
$1,531
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.
  • 362 Available for Sale
  • $2,225 Avg. Price / Ft2
  • $5,829,459 Avg. Price
  • $4,000,000 Median Price
  1. Most Expensive 443 Greenwich Street Apt PHH | $52,000,000
    Price / ft2 $5,837
  2. Least Expensive The Powell Building Apt 412 | $495,000
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.
  • 363 Total Sales
  • $2,221 Avg. Price / Ft2
  • $5,218,623 Avg. Price
  • $4,093,751 Median Price
  1. Most Expensive 70 Vestry Street Apt PHS | $56,010,250
    Price / ft2 $7,173
  2. Least Expensive 93 Worth Street Apt 305 | $462,500
    Price / ft2 $934

Alternate Addresses

  • 1 Beach Street
  • 1 St. John Lane
  • 262 West Broadway
  • 264 West Broadway
  • 266 West Broadway
  • 3 Beach Street
  • 3 St. John Lane
  • 5 Beach Street
  • 5 St. John Lane
  • 7 Beach Street
  • 9 Beach Street

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