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

The Powell Building, 105 Hudson Street, #412

$495,000 -11.6% | Studio, 1 bath

Key Details

  • Listed Oct 2, 2019
    Last Price Change -11.6% ($65,000) on Oct 3
    Days on Market 51
    Building Type Cooperative
    Neighborhood Tribeca
  • Monthly Maintenance $1,597
    Minimum Down Payment 25%

Description

TOP OF THE LINE RENOVATIONS FOR THIS COMMERCIAL OFFICE SPACE. LOCATED IN THE BEST AREA OF TRIBECA as well as ONE OF THE BEST COOP BUILDINGS IN TRIBECA, THE POWELL BUILDING. The Powell Building was originally designed by Carrere & Hastings, the architects of the New York Public Library at 42nd and Fifth, for a Boston based Chocolatier (Walter Baker).

A mixed use coop (residential and office), it a classic loft building, having converted in the 1970s. Unique to its conversion was the developer's plan to only convert the 5th floor and higher as residences. Lower floors remained small offices for artists and others.

That tradition still exists today. Solidly built, it is a beautiful building on the outside. Shaped like a U it's apartments separate between the North and South Side, with exposures on Hudson, Franklin and the interior of the U.

Window design vary by floor. Originally designed as 10 stories, it was only built to 7. The addition four floors were added (as was the northern portion of the building) in 1905 by Alexander Power (a candy manufacturer).

The retail space is home to Nobu but owned separately by the coop shareholders. Apartments range from 2-3 bedrooms. Classic features such as an original fire staircase still exist in some units.

This is a great office for that entrepreneur wanting to be in Tribeca for a start up or growing business.

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Pricing History

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Estimated Monthly Cost

About The Powell Building, 105 Hudson Street

86

The Powell Building, 105 Hudson Street has received a CityRealty Rating of 86, 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

27
Out of 44
+
29
Out of 36
+
20
Out of 39
+
10
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 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:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 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:
Part of Historic District 1 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:
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:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 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:
3-6 Short Blocks 1 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:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 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:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 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:
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:
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
  • Co-op
  • Built in 1892
  • 16 Apartments
  • 11 Floors

Building Amenities

  • Hi Rise
  • Pre War
  • Basement Storage
  • Central AC
  • Intercom
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Rooftop Terrace
  • Bike Room
  • Live-In Superintendent
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer

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Pros
  • Nobu restaurant
  • Central TriBeCa location
  • Close to Subway
  • Architectural masterpiece
  • Oculi
  • Few apartments
  • Some arched windows
Cons
  • No sidewalk landscaping
  • No garage
  • No balconies
  • No roof deck
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Subways

  1. 1
at Varick and North Moore 0.11 miles
  1. A
  2. C
  3. E
at Thompson 0.22 miles
  1. 2
  2. 3
at West Broadway 0.28 miles
  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.38 miles
About this Building

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Listing provided courtesy of Douglas Elliman - Manhattan
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