Introducing Brick Underground’s luxury pick of the week, a feature spotlighting a condo, co-op, or townhouse for sale with an asking price of at least $3,825,000, the current entry threshold for luxury apartments in Manhattan. If you’re in the market for a high-end abode, you should know that while sales have slowed considerably over the past couple of years, that trend is starting to reverse as sellers come to grips with the new market reality and adjust their prices accordingly. It's good news for your wallet—just be aware that many luxe listings won’t linger on the market indefinitely. For more information, check out Brick Underground’s tips on buying a luxury apartment in NYC.
Many New York City luxury apartments look very much same, especially in listing photos. These tend to show places scrubbed of personality so a prospective buyer can envision him or herself living there. This condo, 380 Rector Pl., #PHJ, in Battery Park City, is not that kind of apartment.
The duplex penthouse features vibrant murals inside and out by Mr. Brainwash, a French-born, Los Angeles-based street artist described as Banksy's “over-the-top protégé,” so the apartment is likely going to appeal to a narrower pool of buyers than your typical whitewashed box.
The 2,220-square-foot apartment is asking $5,950,000, and it has been on and off the market a couple of times—with several major price cuts—since being listed for sale for $8,950,000 in September 2017 and then $8,375,000 in March 2018. It is currently set up as a two bedroom, with two and a half baths, and can be returned to its original three-bedroom, three-and-a-half-bath layout, according to the listing.
The dining area has custom cabinetry and built-ins made of Madagascar ebony imported from Africa. Large windows provide views of the harbor.
An open kitchen has Viking and Sub-Zero appliances and marble counter tops.
The second floor master suite overlooks the river and has an en suite full bath and walk-in closet. The second bedroom is set up as a bar/media room and a full bath.
Both bedrooms have access to a private 2,400-square-foot terrace roof and Jacuzzi.
The 1987 building is full-service, with a full-time doorman and concierge service, live-in super, fitness center, indoor-outdoor swimming pool, and outdoor deck with a retractable sunroof.
Monthly common charges are $5,018 and monthly taxes are $5,221.
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