Dec 23, 2011
Carter's Review
This impressive former office building in Lower Manhattan was converted to condominium apartments in 2004 by Goldman Properties.
The 14-story structure was formerly known as the Frasch Building and was erected in 1921.
Tony Goldman, the converter, bought the building for $1.5 million and the sellers subsequently tried to void the contract but after six years the contract was upheld in the courts.
The handsome building features full-floor apartments and its west façade overlooks Battery Park City, the Hudson River and the Statue of Liberty.
Most of the 15 apartments have two bedrooms, two full baths, north, south and west exposures, Brazilian cherry floors, black granite kitchen countertops, and high ceilings.
The building has concierge service, an on-site superintendent, real estate tax abatements for eight years, two key-locked elevators with video security in the elevators and a video intercom system.
The Italian-Renaissance-palazzo-style building, which was designed by Henry Otis Chapman, has a classically inspired tripartite façade with a three-story rusticated limestone base. The shaft of the building is clad in tan brick and the top floor has limestone cladding beneath a bracketed cornice with an attic story.
The building was once named for Herman Frasch (1851-1914), the founder and first president of the Union Sulphur Company.
It has no garage, no sidewalk landscaping and an 8-step-up entrance.
- Condo built in 1920
- Converted in 2001
- 1 apartment currently for sale ($2.795M)
- Located in Financial District
- 15 total apartments 15 total apartments
- 10 recent sales ($636.4K to $3M)
- Doorman
- Pets Allowed