Condo pick of the week

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

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By Emily Myers  |
October 14, 2019 - 9:00AM
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The staging in the living room shows there enough space for both a couch and a dining table.

Compass

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.

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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. 

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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. 

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

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

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The bathroom has marble and white tile. 

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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. 

 

Headshot of Emily Myers

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She writes about issues ranging from market analysis and tenants' rights to the intricacies of buying and selling condos and co-ops. As host of the Brick Underground podcast, she has earned four silver awards from the National Association of Real Estate Editors.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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