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The American Thread Building, 260 West Broadway

Condo located in Tribeca, between Beach Street & York Street

Description of The American Thread Building at 260 West Broadway

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 Facts

  • Year Built: 1896
    Converted Year: 1980
    Building Type: Condo
    Neighborhood: Tribeca (Manhattan)
    Minimum Down Payment: 10%
  • Total Apartments: 50 50
    Total Floors: 11
    Doorman: FT Doorman
    Pets: Allowed

Apartment Pricing Stats

Avg. Price / ft2

Building Amenities

  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Central AC
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

Apartments for Sale at 260 West Broadway View history of all units

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The American Thread Building: 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
  • #42 Rated condo - Tribeca
 

Carter Horsley's Review of The American Thread Building

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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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
$1,489
Avg. Price / ft2
Based on 3 Sales
 

Closing History - Last 10 sales

10
Units Sold
$920K - $8.5M
Price Range
$1,675
Avg. Price / ft2

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