The President of Urban Compass Leonard Steinberg has yet another prized Manhattan listing. This time it’s a Tribeca townhouse going for $48 million.
Its current owners Mark and Noel Zitman got it in 2010 for $24.065 million. That’s less than a 100% profit in only 4 years so the sellers are probably disappointed in the sale price.
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Who says that Tribeca has become an overpriced neighborhood and nothing more than a playground for the rich? If $48 million sounds a bit out of your budget don’t worry. You only need to cough up $9.6 million in cash and can get a mortgage for the rest.
Located at 2 N Moore Street Just West of West Broadway, the 6 floor house has 6 bedrooms and seven bathrooms over 11, 300 square feet of space. It was made out of two separate properties which were combined into one.
The Wayne Turret-designed townhouse has 65 feet of frontage and 1, 500 square feet of external space.
Its features include both Northern and Eastern exposures, it was totally renovated and there is a media / recreation room, a formal dining room and a library. There is also a private terrace, city views, floor to ceiling windows, hardwood floors, high Ceilings, a working fireplace, a wet bar, a sound system, recessed lighting and an elevator.
That’s all in addition to a 50 foot heated swimming pool with an efficient dehumidification system as well as a gym. The house also gets plenty of natural light from sky lights.
From the listing:
“Tribeca is considered to be amongst the finest of all Manhattan neighborhoods: its combination of industrial sensibility and simple sophistication with distinctive low-lying architecture, an abundance of restaurants, retail, amenities, proximity to the Hudson River Park, Soho and so much more, give Tribeca a Downtown cool that is a part of the fabric of this spacious and chic neighborhood.”
“Cliches aside, this is truly a one-of-a-kind property of rare distinction: its ability to combine grand scale with intimacy, discretely housed in a historically important façade are entirely unique to Manhattan.”
This property is a co-exclusive between Urban Compass and Douglas Elliman/Knight Frank.
