The Powell Building, #8N

Manhattan, NY 10013

This sun-filled and sprawling 2,880-square foot, four-bedroom prime Tribeca loft offers four exposures through its 28 oversized double-hung windows and fabulous city views in every direction.

Located at the famed Powell Building in the Tribeca West Historic District, one enters this loft home through a key-locked elevator and discrete foyer that opens to an expansive great room. Upon entering, one will immediately notice the high loft-like ceilings. This corner great room has 11 enormous windows highlighting three exposures. Beyond the great room is the spacious and newly renovated chef's kitchen, which features stainless steel appliances, extensive custom designed cabinetry, stone countertops, and both northern and southern exposures.

The huge master bedroom suite offers sunny southern and eastern exposures and two walk-in closets. The loft has three additional large bedrooms, one of which sits quietly tucked away beyond the kitchen, bathed with natural light from northern, southern, and western exposures.

Built in 1892 by Carrere & Hasting, the architect of the incomparable New York Public Library in Bryant Park and the prestigious Frick Collection at Fifth Avenue and 70th Street, The Powell Building was formerly home to the Baker Chocolate Company. In the 1970s, this 11-story architectural gem was converted to a 15-unit mixed-use co-operative. There are only two apartments per floor.

Residential amenities include a beautifully landscaped roof deck, a full-time superintendent, storage facilities, and a bicycle room. The building is proximate to the 1/2/3 and A/C/E Subway lines, as well as Hudson River Park, Washington Market Park, and all of the world-famous shopping and dining of Tribeca.

In 2023, there is an assessment $2,063 per month for Local Law 11 facade work making monthly fees $8,314. As part of this offering the sellers have agreed to pay the $2,063 per month assessment through its completion. Primary residents would be eligible for a tax abatement that will reduce maintenance, by about 10%, or $600 per month.