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W Residences, 123 Washington Street, #2829FL

$15,000,000 ($1,551 per ft2) | 16 beds, 12+ baths | Approx. 9,674 ft2
Building Profile  | 
74 days on Market

Key Details

  • Listed: Sep 8, 2024
    Days on Market: 74
    Building Type: Condominium
    Neighborhood: Financial District (Manhattan)
    Doorman: FT Doorman
    Listing viewed 137 times
Monthly Common Charges: $23,514
Monthly Real Estate Taxes: $13,423
Total Taxes & Fees: $36,937 ($3.82/ft2)
Est. Monthly Mortgage: $79,595
Total Est. Monthly Carrying Cost: $116,532 ($12.05/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

  • Prime Location: This luxury property is situated in the heart of the Financial District, adjacent to the World Trade Center Memorial. It offers close proximity to high-end shopping and dining at Eataly, Whole Foods, the Oculus, and Brookfield Place, as well as easy access to public transportation and Wall Street.
  • Modern Luxury Apartments: The building houses 16 luxury apartments across two floors, with the potential to add a third. Each apartment boasts modern interiors by Graft Studio, featuring Italian lacquer cabinetry, Corian countertops, Miele & Sub-Zero appliances, hardwood floors, and expansive windows that offer iconic skyline and river views.
  • Building Amenities: Residents enjoy a full-time doorman, live-in superintendent, and access to a state-of-the-art gym, residents’ lounge, media room, and a private rooftop terrace with stunning city views. Additional amenities include a common outdoor area, rooftop deck, and on-site parking.
  • Exclusive Services: The property provides access to 24-hour concierge service, housekeeping, a SWEAT fitness center, a media room, and a private, residents-only rooftop terrace. Residents also have preferred dining reservations at the hotel’s Living Lounge and the BLT Bar & Grill Restaurant.
  • Additional Features: The building, built in 2010, offers central AC, a full-service garage, resident storage, and in-unit washer/dryer. It also provides access to a party room, event room, lounge, fitness center, outdoor entertainment space, courtyard, and terraces/balconies.
  • Financing Options: Financing is available on request, making this an accessible investment opportunity for interested buyers.

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.

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Apartment Amenities

  • River View
Listing courtesy of Corcoran Group

Pricing History

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About W Residences, 123 Washington Street

86

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

30
Out of 44
+
30
Out of 36
+
17
Out of 39
+
9
=
86
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

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

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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
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Subways

  1. 1
at Greenwich 0.12 miles
  1. R
at Trinity Pl 0.14 miles
  1. 4
  2. 5
at Broadway and Rector 0.15 miles
  1. J
  2. Z
  3. 2
  4. 3
  5. A
  6. C
at Broadway 0.24 miles
  1. E
at Church and Park Pl 0.31 miles

Aerial Imagery

 

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