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Medium Lipstick, 288 West Street, #PH

$7,500,000 ($1,807 per ft2) | 3 beds, 3 baths | Approx. 4,150 ft2
Building Profile  | 
286 days on Market

Key Details

  • Listed: Feb 2, 2024
    Last Price Change: ($500,000) on Oct 3
    Days on Market: 286
    Building Type: Cooperative
    Neighborhood: Tribeca (Manhattan)
    Listing viewed 295 times
Monthly Maintenance: $7,874 ($1.90/ft2)
Est. Monthly Mortgage: $39,596
Total Est. Monthly Carrying Cost: $47,470 ($11.44/ft2)
Note: the above is based on a down payment of 20% ($1,500,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Nov 24
By appointment only.

Insider Highlights

  • Location: Desirable Tribeca Neighborhood
  • This luxurious penthouse is located in the highly sought-after Tribeca neighborhood, offering close proximity to Hudson River Park and various shopping, dining, and transportation options.
  • Design: Modern Renovation of a Classic Loft
  • The property is a modern renovation of a classic 19th century industrial loft, boasting an expansive 4,150 square feet layout with 3 bedrooms, ceilings ranging from 9 to 20 feet, and multiple skylights that fill the space with natural light.
  • Outdoor Space: Private Terrace with Pergola and Sauna
  • The penthouse features a private 975 square foot terrace complete with a pergola and a sauna, offering expansive river views.

Description

Boasting expansive river views, this exceptional light-flooded TriBeCa penthouse aerie successfully marries the architectural details of a classic 19th century industrial loft with a luxurious modern renovation. At 4,150 square feet, the unique 3 Bedroom penthouse features ceilings ranging from 9 to 20 feet, multiple skylights, central air conditioning, a wood-burning stove, and a 975 square foot terrace with a pergola and a sauna. A key-locked elevator opens to a spacious private landing. The 20 foot Gallery leads to an 33 foot wide Living Room overlooking the river from 4 oversized arched windows.

An adjacent corner Den shares these mesmerizing western views and spectacular sunsets from 3 windows. The sky lit Primary Bedroom adjoins a large en-suite Bathroom with a freestanding soaking tub and an oversized shower and a 15 foot long Dressing Room. Two additional Bedrooms are spacious and share a large Dressing Room and a hallway Bathroom. The vast Chef’s Kitchen/Dining Room is defined by its soaring, double-height ceiling and an enormous skylight. State-of-the-art appliances include a Viking 6-Burner Cooktop and Double Oven, a Sub-Zero Side-by-Side Refrigerator/Freezer, and a Sub-Zero Wine Storage Unit.

The inviting space is both chic and perfectly suited to entertaining. The adjoining Library features a wall of bookshelves, dual exposures, a cozy wood-burning stove, and access to the Upper Level’s glass-enclosed Sun Room. Upstairs, the Sun Room overlooks the 975 square foot private rooftop Terrace, beautifully landscaped with a Pergola and Sauna.

On the main floor, a large Laundry Room, a Walk-In Closet/Storage Room, and a Powder Room complete the thoughtful layout of this special home. There are independent heating and central air conditioning systems. Built in 1855 as a spice warehouse, 288 West Street was in 1981 converted to a boutique residential cooperative known for its spectacular views. Its excellent northern TriBeCa location is immediately to the south of Hudson Square and the West Village.

Pets, purchase by a trust entity and financing of up to 80 percent of the purchase price are permitted. There is a 2% Flip Tax payable by the Seller. The Penthouse at 288 West Street is a rare and splendid offering, a perfect downtown oasis. The subject property photographs are virtually staged.

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Apartment Amenities

  • City View
  • Washer/Dryer in apt.
  • Wood Burning Fireplace
Listing courtesy of Sothebys International Realty

Pricing History

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About Medium Lipstick, 288 West Street

69

Medium Lipstick, 288 West Street has received a CityRealty Rating of 69, 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

17
Out of 44
+
29
Out of 36
+
15
Out of 39
+
8
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 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:
No 0 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 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:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
6-10 Short Blocks 1 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:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
None 0 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:
No 0 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:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1981
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Elevator
  • In-Unit Washer/Dryer
  • Fireplaces

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Pros
  • Good riverfront location in TriBeCa
  • Mid-block building
  • Attractive arched entrances with side stoops
  • Arched windows
  • Roof deck
  • Storage
  • Not far from several subways
  • Few apartments
  • In-unit washers and dryers
  • Large apartments
Cons
  • No doorman
  • No concierge
  • No sidewalk landscaping
  • No fitness center
  • No garage
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Subways

  1. 1
at Varick 0.28 miles
  1. C
  2. E
at 6th Ave and Vandam 0.39 miles
  1. A
at Thompson 0.40 miles

Pricing comparison

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No data available for this listing.