The listing facts are current enough for an initial property review.
20 West St Unit 18
Listing Notes
Tenants in place paying $4800 a month. Lease expiring 1/31/2021. This newly renovated unit is now available at the Downtown Club, 20 West. This is the best value in the Financial District, and 1, 164 sqft 3-bedroom unit asking only $858/sf. 18D is a rare layout for 20 West with efficient use of all the space, with 3 evenly sized rooms, along with a nice sized living/dining space, and a large open kitchen with an island. A new Thermador Appliance package was just installed. The best part is the more than ample closet space! Besides being over 1, 000 sqft; the unit also gives a buyer the ability to configure the apartment to their liking; either making it into one large bedroom with a spare room or into a large loft. 18D can also be used a great investment opportunity; rental value would be approx $5100 a month. The Downtown Club is an Art Deco style building converted into a condo in 2006. 20 West is located within close proximity to Battery Park, The World Trade Center Complex, Wall Street and Brookfield Place. The neighborhood also offers an abundance of parks and tranquil areas along the Hudson River. Residents of 20 West can enjoy beautiful views of The Statue of Liberty from the building 46th floor rooftop; the condo also includes a state-of-the-art fitness center, yoga room, billiards room and movie room Note: The owner is willing to credit $300 towards the monthly taxes and $300 towards the monthly common charges for 2yrs. At closing the buyer will receive a credit. CC and Taxes reflect the credited amount
Market Insights
$838/sqft vs a nearby median of $1137/sqft.
- -26% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,164 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 36.4% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$53k +4.0%
- Days-on-market gravity−$40k −3.0%
- Pre-war character+$33k +2.5%
- Special flood hazard zone−$26k −2.0%
- Visible condition issues−$13k −1.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 2,394 days
- Last price change
- No change recorded
- Listed
- Oct 22, 2019
- Photos
- 7 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 1930
- Stories
- 45
- Total units
- 284
- Residential units
- 283
- Building area
- 4.13 ac
- Lot size
- 13,928 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.