Condo pick of the week

A renovated one bedroom in Tribeca that's priced below the median at $1,195,000

The staging in the living room shows there enough space for both a couch and a dining table.

Compass

Share this Article

The median sales price for one bedrooms in Tribeca is $1,877,500, and this apartment, 275 Greenwich St., #3FS, is offered well below that at $1,195,000. The current figure reflects a price cut of $100,000 taken three months ago. However, past sales for similar-sized apartments in the building have most recently closed at between $937,500 and $975,000, according to StreetEasy data, so there may still be more room for negotiation. 

There are 129 apartments in the 11-story building, and amenities include a full-time doorman, a live-in super, a shared garden, and roof deck. The monthly common charges are $795 and taxes amount to $892 per month. A washer/dryer is installed in the apartment so you won't have to use the shared laundry facilities on site.

The living room is staged with a couch and dining table. It also has a built-in desk by the window with a breakfast bar opposite so there's a lot going on, which can could make furniture placement tricky if you want to do a different set up. The track lighting is a little intrusive but might not be a deal breaker for most people. 

The living room has large, east-facing windows but don't bank on far-reaching views—instead you may be able to glimpse the shared garden below. 

The galley kitchen has marble countertops, stainless steel appliances, custom cabinetry, and open shelving. There are dark-stained hardwood floors throughout the apartment. 

Through-wall HVAC has been installed and the bedroom has four closets as well as built-in storage units by the window. 

The bathroom has marble and white tile. 

The layout shows additional storage by the entrance to the apartment. The pet-friendly building has an elevator and for transit, the A, C, E, 1, 2, 3, R, and W trains are less than five minutes from your front door.