Key Details

Listed: Sep 8, 2024

Days on Market: 113

Building Type: Condominium

Neighborhood: Financial District (Manhattan)

Doorman: FT Doorman

Listing viewed 188 times

Monthly Common Charges: $23,514

Monthly Real Estate Taxes: $13,423

Total Taxes & Fees: $36,937 ($3.82/ft²)

Est. Monthly Mortgage: $80,401

Total Est. Monthly Carrying Cost: $117,338 ($12.13/ft²)

Note: the above is based on a down payment of 20% ($3,000,000), which is the minimum amount permitted by the building.

Insider Highlights

Unmatched Luxury Living: Experience modern elegance with high-end finishes, including Italian cabinetry and premium appliances. Expansive windows offer breathtaking skyline views.
Exclusive Rooftop Terrace: Enjoy panoramic 360-degree views from the private rooftop terrace. A perfect space for relaxation and outdoor entertainment.
Comprehensive Resident Services: Benefit from full-time doorman, live-in superintendent, and on-site laundry. Enjoy concierge services and housekeeping for a hassle-free lifestyle.
State-of-the-Art Amenities: Access a fitness center with advanced equipment, a media room, and a residents' lounge. Spa services include treatment rooms and sauna.
Prime Downtown Location: Situated next to the World Trade Center Memorial, with immediate access to shops, cultural venues, and major subway lines for effortless travel.
Premier Investment Opportunity: Acquire 16 luxury apartments across two full floors, with potential to expand to 24 units. Ideal for income-generating assets or 1031 exchanges.

Description

Premier Investment Opportunity: 2 Full Floors at W Downtown Residences
For Sale: 16 Luxury Apartments (2 Floors Package - 8 Studio apts and 8 1bed apts)
ASKING: $15 Million
Downtown Financial District (PRIME PRIME LOCATION) - W Residences at 123 Washington Street
Property Overview:
Seize a rare opportunity to acquire 16 premium apartments across floors 28 and 29 of the iconic W Downtown Residences. With an option to add a third floor, expanding the offering to 24 units, this package is perfect for 1031 exchanges, income-generating assets, or multi-family asset alternatives. Units are available for individual sale and/or rental (30 days minimum).
Unmatched Luxury in a Prime Location:
Located in the heart of Downtown Manhattan, the W New York Downtown Residences rises 57 stories, offering unparalleled luxury living.
Amenities:
Fitness & Recreation: State-of-the-art gym, residents’ lounge, media room, private rooftop terrace with stunning city views.
Resident Services: Full-time doorman, live-in superintendent, on-site laundry.
Outdoor Spaces: Common outdoor area and rooftop deck.
Design & Architecture: Modern interiors by Graft Studio, featuring Italian lacquer cabinetry, Corian countertops, Miele & Sub-Zero appliances, hardwood floors, and expansive windows with iconic skyline views.
Parking: On-site parking available.
Prime Location:
Situated next to the World Trade Center Memorial, residents enjoy immediate access to green spaces, shops, cultural venues, and nightlife.

Major subway lines nearby ensure effortless travel across NYC and beyond.
Exclusive Benefits:
Rooftop terrace with panoramic 360-degree views.
Amenity floor with a digital lounge, billiards, and caf .
Fitness center with advanced equipment and outdoor spin bikes.
Spa services with treatment rooms, sauna, and showers.
Investment Potential:
With proximity to high-end shopping and dining at Eataly, Whole Foods, the Oculus, and Brookfield Place, these residences present a prime investment opportunity. Financing is available on request, making this an attractive option for part-time residents or income-seeking investors.
Experience Luxury Redefined:
Discover modern elegance and unrivaled service at the W Downtown Residences-a prestigious address offering a lifestyle of sophistication and breathtaking Manhattan views.

About W Residences, 123 Washington Street

W Residences, 123 Washington 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

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Distinguished 6 out of 8 points

Retail Quality:

Attractive 4 out of 5 points

Canopy Entrance:

Attractive 2 out of 3 points

Alterations:

None 2 out of 2 points

Plaza Or Atrium:

Very Attractive 3 out of 3 points

Contextual Design:

Yes and Good 2 out of 3 points

Skyline:

Highly Visible 2 out of 2 points

Local Visibility:

Highly Visible 2 out of 2 points

Watertank:

Attractively Enclosed 2 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:

Exists 1 out of 2 points

Fenestration:

Consistent 1 out of 1 points

Landmark:

No 0 out of 2 points

Unity:

Unrelated Base 0 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:

Attractive / Pleasant 3 out of 5 points

Distance To Neighborhood Center:

Less than 10 blocks 5 out of 5 points

Views:

Dazzling 4 out of 4 points

Neighborhood Ambience:

Attractive 2 out of 3 points

Traffic Noise:

Some 2 out of 3 points

Protected Views:

Many 2 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:

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:

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:

Minimal 1 out of 2 points

Bay Windows:

None 0 out of 1 points

Fireplaces:

None 0 out of 1 points

Door Person:

Yes 1 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:

Some 1 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:

No 0 out of 1 points

Prewar:

No 0 out of 1 points

Other Amenities:

Many 2 out of 2 points

Condo
Built in 2010
222 Apartments
57 Floors

Building Amenities

Attended Lobby
Concierge
FT Doorman
High-Rise
Post War
Resident Storage
Central AC
Full Service Garage
Health Club
Rooftop Terrace
Washer/Dryer in building
Elevator
Mail Room
Party Room
Event Room
Valet Parking
Lounge
Fitness Center
Rooftop Terrace
Outdoor Entertainment Space
Courtyard
In-Unit Washer/Dryer
Live-In Superintendent
Screening Room
Terraces / Balconies

About this Building

Pros

Stunning views
Spa services
Concierge services
Handsome lobby
Catering services
Housekeeping services
Excellent public transportation
Close to Battery Park City
Close to Financial District
Close to World Trade Center Memorial
Rooftop terrace
Close to Subway

Cons

No balconies
Many apartments
Small apartments

Map View | Street View

{ "key" : "AIzaSyDquABdSLhathmwfnoTcYwA1BY6coZZyZk", "lat": 40.70916, "lng": -74.01371, "marker": { "icon": "https://img4-ab.cityrealty.com/neo/i/w/amenities/base.png" } }