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$9,833,333
List Price: $10,000,000
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142 Duane Street #PH1
Coop in Tribeca •  building info
4bd • 3.5ba • 7,200ft² $1,389 per ft²
Buy with Yoreevo

$9,833,333

List Price

$10,000,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
39
Last price change
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Estimated payment
$63,936
Monthly taxes
N/A
Monthly maintenance
$13,371
Description
CONDO RULES. NO BOARD APPROVAL! One of the joys of living in Manhattan is discovering unique spaces which are not visible from the street. Located in a landmarked, limestone and cast-iron building, this spectacular penthouse is just one of those magical finds. Designed by Triarch, a noted local architectural firm, and inspired by the timeless spaces of Candela, this stunning residence is as beautiful as it is functional. Offering approximately 7,200 square feet of interior space, the home features 3 bedrooms and a library, and is graced with 2 private outdoor terraces of over 1600 square feet. Enter through an intimate lobby and take the brand new, key locked elevator to the penthouse. The gracious entry gallery leads to a dramatic, double height living and dining room spanning the entire 41-foot width of the building, illuminated by enormous skylights that run almost the entire expanse of the room. The center focal point, a Portero marble wood-burning fireplace (one of four located throughout the home) is flanked by paneled walls. Flowing seamlessly from the dining area, the recently refreshed kitchen is appointed with white quartzite stone countertops and back splashes, a center island with counter seating, custom Bulthaup cabinetry, double ovens, Subzero refrigerator and a 400 bottle walk in wine cellar. The library features paneled walls, wood burning fireplace, and wet bar. A powder room is conveniently located adjacent to the library. The private quarters on this floor feature two south facing bedrooms, each with en-suite bathroom and a full-sized laundry room with sink and storage. A stunning, sky-lit staircase, with hand rubbed bronze railing leads to an open family room which is appointed with a marble fireplace and overlooks the living room below. The separate and serene primary suite features a dressing room, generous closets and separate sitting room or home office. Both the bedroom and sitting room lead to the private, south facing terrace. The extra-large bath, with an intricate mosaic marble floor, is furnished with radiant heating, a double steam shower, double sinks and spa tub. The crowning glory of this home is the private, planted roof deck, from which to enjoy panoramic views over Tribeca. This beautifully landscaped terrace is perfect for entertaining and features outdoor lighting, an irrigation system, a full outdoor kitchen, including a Viking grill, refrigerator, sink and separate storage shed. The residence features Wenge floors and multi zone central AC. 142 Duane Street is an historic boutique loft building of just 8 units was constructed in 1859 and gut renovated in 1999. The building operates under CONDO RULES: it is investor-friendly with unlimited subleasing allowed from day one; pieds-a-terre are permitted; and there is NO BOARD APPROVAL for this sponsor sale. The building is a land lease which has no scheduled increases or resets through 2092, keeping monthlies low. Convenient to all subways, shopping and restaurants, this residence is a rare find and truly the best Tribeca has to offer.

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Important Stuff
Elevator
Washer/Dryer in unit
Cats and Dogs allowed
Listing Amenities
Hardwood floors
City View
Dishwasher
Central Air
Skyline View
Fireplace: Wood
Building Amenities
Land Lease
Fios Available
Outdoor Space
Terrace
Private Roof Deck
History
What it'll cost
Purchase price
$10,000,000
Asking Price: $10,000,000
Term
30 Years
Down Payment
$2,000,000 (20%)
Min: 20% (2,000,000)
Rate
6.5 %
Mortgage Amount
$8,000,000
Mortgage Payment
$50,565
Maintenance
$13,371
Estimated Yoreevo rebate
$166,667
Estimated closing cost
$332,000
Total monthly cost $63,936
Buy your dream home with us and get an estimated
$166,667 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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