Cocoa Exchange

1 Wall Street Court, 1407

Financial District   |   Hanover Street & Pearl Street

Condo [Full Service]
$ 635,000
Rooms 2
Bathrooms 1
Status Active
Real Estate Taxes [Monthly] $ 476
Financing Allowed 90%
Listing ID: 1840268

Property Description

Perfect investment or primary residence or pied-a-terre! High CAP Rate! Currently rented at $2800 per month! Can be delivered vacant or with tenant in place. This large sunny high floor luxury Studio boasts a wide open floor plan with double over-sized windows and rare loft height ceilings. This line on the 14th floor maximizes the usable square footage and is considered one of the most desirable in the building. The Kitchen has stainless steel appliances, elegant glass & walnut finished cabinetry, Italian tile floors, and polished granite countertops. The Bathroom features Gioia Marble walls, custom walnut vanity with freestanding porcelain wash basin. Whole Foods to open a few blocks away and so other large retails. Water Street market and GreenMarket are nearby. Great shopping a just a few blocks away. Subways: 2, 3 to Wall Street just a few minutes away, 4,5 to Wall Street, J, Z to Broad Street. The Cocoa Exchange on Wall Street is the home to Haru restaurant and offers boutique-style living in the heart of the Financial District. This posh and filled with character Flatiron-style building was built and designed by Clinton & Russell in 1904 and makes a distinctive building to call your home. This landmarked historic building is an amenities full-service building that includes 24-hour doorman/concierge, resident manager, and laundry room. It was originally the headquarters of the Munson Steamship Line up until 1931 when it then became the home to the booming NY Cocoa Exchange. In 2006 it was converted into a 15 story/126 unit luxury condominium building with a 421G Tax Abatement through the end of 2020. Monthly assessment of $232.13 in place (till the end of 2019).
Perfect investment or primary residence or pied-a-terre! High CAP Rate! Currently rented at $2800 per month! Can be delivered vacant or with tenant in place. This large sunny high floor luxury Studio boasts a wide open floor plan with double over-sized windows and rare loft height ceilings. This line on the 14th floor maximizes the usable square footage and is considered one of the most desirable in the building. The Kitchen has stainless steel appliances, elegant glass & walnut finished cabinetry, Italian tile floors, and polished granite countertops. The Bathroom features Gioia Marble walls, custom walnut vanity with freestanding porcelain wash basin. Whole Foods to open a few blocks away and so other large retails. Water Street market and GreenMarket are nearby. Great shopping a just a few blocks away. Subways: 2, 3 to Wall Street just a few minutes away, 4,5 to Wall Street, J, Z to Broad Street. The Cocoa Exchange on Wall Street is the home to Haru restaurant and offers boutique-style living in the heart of the Financial District. This posh and filled with character Flatiron-style building was built and designed by Clinton & Russell in 1904 and makes a distinctive building to call your home. This landmarked historic building is an amenities full-service building that includes 24-hour doorman/concierge, resident manager, and laundry room. It was originally the headquarters of the Munson Steamship Line up until 1931 when it then became the home to the booming NY Cocoa Exchange. In 2006 it was converted into a 15 story/126 unit luxury condominium building with a 421G Tax Abatement through the end of 2020. Monthly assessment of $232.13 in place (till the end of 2019).

Listing Courtesy of Verus Real Estate Inc.

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Apartment Features

A/C [Central]
1 Wall Street Court Financial District New York NY 10005

Building Details [1 Wall Street Court]

Ownership Condo
Service Level Full Service
Access Elevator
Pet Policy Pets Allowed
Block/Lot 28/7501
Building Type Mid-Rise
Age Pre-War
Year Built 1904
Floors/Apts 15/126

Building Amenities

Business Center
Facility Kitchen
Laundry Rooms
Party Room
Roof Deck
Shuttle Service
WiFi

Building Statistics

$ 1,288 APPSF

Active Sale Listings

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.