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In Contract

The American Thread Building, 260 West Broadway, #7G

$2,495,000 ($1,721 per ft2) | 3 beds, 2 baths | Approx. 1,450 ft2
Building Profile  | 
202 days on Market

Key Details

  • Listed: Jun 3, 2024
    Last Price Change: ($55,000) on Sep 30
    Days on Market: 202
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
    Listing viewed 181 times
Monthly Common Charges: $1,416
Monthly Real Estate Taxes: $999
Total Taxes & Fees: $2,415 ($1.67/ft2)
Est. Monthly Mortgage: $14,909
Total Est. Monthly Carrying Cost: $17,324 ($11.95/ft2)
Note: the above is based on a down payment of 10% ($249,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Tribeca Location: Situated at the edge of Tribeca, with easy access to the Financial District, SoHo, and major subway lines.
  • Spacious Loft Layout: Generous open layout with options for 2-3 bedrooms or a living room, offering versatility for modern living.
  • Chef's Kitchen: Recently upgraded with modern amenities, perfect for culinary enthusiasts and entertaining guests.
  • Natural Light: Corner apartment with north, south, and west exposures, ensuring abundant natural light throughout the day.
  • Historic Charm: Located in the iconic American Thread Building, blending pre-war elegance with contemporary comforts.
  • Luxury Amenities: Access to a 24-hour doorman, rooftop terrace, gym, and additional conveniences like a bike room and storage unit.

Description

Situated in the iconic American Thread Building, this rare gem enters the market for the first time in over 25 years. Originally a generous three-bedroom with a home office, the previous owner transformed it into a grand two-bedroom loft. Whether you choose to retain the current open layout or restore it to its original design, the space is flooded with natural light throughout the day.

Recently upgraded, the chef’s kitchen boasts modern amenities, while the original hardwood floors and high ceilings exude elegance.

Ample closet space complements the pre-war charm of this exquisite space.

This premier condo offers a versatile layout with 2-3 bedrooms or a living room, along with 2 bathrooms. The building provides top-notch amenities, including a 24-hour doorman, a new rooftop terrace, and a gym. The corner apartment benefits from north, south, and west exposures, ensuring excellent light quality.

Additional features such as a bike room and storage unit add convenience to city living.

Constructed in 1894 by architect William B. Tubby for the New York Wool Exchange, the historic American Thread Building stands tall with its Renaissance revival architecture. With 11 floors and 52 apartments, this building epitomizes luxury living in Tribeca. Boasting a newly redone facade, restored lobby, and renovated hallways and elevators, this residence offers a blend of classic charm and modern comforts.

Ideally located at the edge of Tribeca, residents enjoy easy access to the Financial District, SoHo, and major subway lines.

Recognized as a landmark building and listed on the National Register of Historic Places, 260 West Broadway is a timeless symbol of elegance in lower Manhattan.

There is currently a monthly assessment of $204.16.

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Listing courtesy of Berkshire Hathaway HomeServices New York Properties

Pricing History

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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

Building Amenities

  • Conversion Year: 1980
  • 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

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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. A
  2. C
  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

 

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