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

The American Thread Building, 260 West Broadway, #11A

$14,800,000 ($3,918 per ft2) | 2 beds, 2 baths | Approx. 3,777 ft2

Key Details

  • Listed Feb 28, 2019
    Days on Market 173
    Building Type Condominium
    Neighborhood Tribeca
  • Monthly Common Charges $5,937
    Monthly Real Estate Taxes $5,393
    Minimum Down Payment 10%
    Doorman FT Doorman

Description

Own one of the most incredible penthouse residences in the city, featured on the cover of Architectural Digest, this residence seamlessly marries significant architectural details and proportion with modern design. One of most striking features of this penthouse is an oak-paneled rotunda approximately 28 feet in diameter with a 25 high domed ceiling and spectacular stained-glass oculus. Other details include original mosaic tiled floors from 1896 and a concealed wet-bar for entertaining.

The rotunda originally served as the dining room for members of the New-York Wool Exchange, the original tenant for 260 West Broadway.This penthouse features soaring 12 ceilings throughout with an expansive living room, ideal for entertaining. The living room enjoys bright Southern and Eastern facing exposures with open views of Downtown Manhattan and a wood burning fireplace, this room has beautifully preserved moldings with loft like proportions and pre-war charm. Modernly designed by Thomas O'Brien of Aero Studios, the kitchen includes floor to ceiling linen and glass paneled accordion doors that open onto the living room.

The kitchen is outfitted with appliances by Sub-Zero and Viking, complemented by large exposures, a wooden island and marble throughout.The master bedroom suite features two private dressing rooms with custom lacquer millwork, a wood burning fireplace with an original mantle and a stunning bathroom clad in floor to ceiling marble. Modern conveniences include a Crestron AV system and central HVAC260 West BroadwayDesigned by William B. Tubby in the Renaissance revival style, this iconic building was built by the New York Wool Warehouse Company as the New York Wool Exchange in 1896 and is a part of the National Register of Historic Places.Converted to condominiums in the 1980s, residents enjoy a 24-hour doorman, gym, and a private roof deck.

Its impressive facade curves from Beach Street into West Broadway locating it in one of the best blocks where Tribeca meets SoHo with access to excellent dining, shopping, and transportation.

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Pricing History

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Estimated Monthly Cost

About The American Thread Building, 260 West Broadway

78

The American Thread Building, 260 West Broadway has received a CityRealty Rating of 78, 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

24
Out of 44
+
29
Out of 36
+
17
Out of 39
+
8
=
78
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 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:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 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:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 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:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 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
  • Condo
  • Built in 1896
  • 50 Apartments
  • 11 Floors

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
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer

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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

Aerial Imagery

 
About this Building

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Between Fifth Avenue & Sixth Avenue
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Listing provided courtesy of The Corcoran Group
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