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In Contract

The American Thread Building, 260 West Broadway, #4B5B

$6,500,000 ($2,271 per ft2) | 4 beds, 4 baths | Approx. 2,862 ft2
Building Profile  | 
677 days on Market

Key Details

  • Listed: Feb 15, 2023
    Last Price Change: ($250,000) on May 11
    Days on Market: 677
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
    Listing viewed 239 times
Monthly Common Charges: $3,486
Monthly Real Estate Taxes: $1,987
Total Taxes & Fees: $5,473 ($1.91/ft2)
Est. Monthly Mortgage: $38,842
Total Est. Monthly Carrying Cost: $44,315 ($15.48/ft2)
Note: the above is based on a down payment of 10% ($650,000), which is the minimum amount permitted by the building.

Description

Situated in the iconic American Thread Building, this newly gut-renovated apartment epitomizes the sophistication and vibrancy of Downtown. Encompassing nearly 2,900 square feet with three bedrooms-and one flex room-and four baths, it offers an ideal balance of luxury, location, and space.

The sunlit home is illuminated by 20 oversized windows with both south and southeastern exposures. Its tasteful, European design is both contemporary and timeless.

While the main living spaces showcase clean, bright, and minimalist finishes, bedrooms and bathrooms are brought to life by intricate, hand-painted tilework, marble countertops, and designer wallpapers from Jean-Paul Gautier and TecnoGrafica.

The home’s main living spaces-and one secondary bedroom suite-are located upstairs. Its kitchen is outfitted with top-of-the-line appliances, including a professional range from Officine Gullo, a Wolf microwave, two Miele dishwashers, an extra-large side-by-side SubZero refrigerator/freezer, and an enormous pantry. It opens to an expansive great room and dining area that can comfortably accommodate up to 14 people.

Perfect for entertaining, the space features a wet bar with plenty of storage and cabinets for stemware, as well as a SubZero ice maker and wine refrigerator.

The lower level includes two bedrooms-including the primary suite-as well as a generously sized home office, which can easily be converted to a fourth bedroom. The spacious primary suite features impressive California walk-in closets, as well as a spa-like bath with radiant heated floors, Calacutta Turquoise Marble wainscoting, and a built-in double vanity with Waterworks fixtures. The oversized, windowed shower has steam capabilities.

Additional highlights include switches and wall plates by Forbes & Lomax, an in-ceiling Sonos system, and encrypted Wi-Fi.

Designed by acclaimed architect William B. Tubby in 1896, the historically landmarked American Thread Building is an emblem of renaissance revival architecture.

The 11-story building was one of the first luxury condominium conversions in Tribeca. It offers 24-hour security, a landscaped roof terrace, and ease of access to all lower Manhattan’s offerings, including the Financial District. Don’t miss your chance to own this unique piece of New York City real estate history!

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

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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