A rating for the building relative to other buildings of the same type throughout the country.Learn more
174Units
15Stories
1985Year Built
$608K - $3.2MValue Range
Available Units
For Sale
For Rent
Highlights
Concierge
Battery Park City School Rated A
Waterfront Community
Green Community
Elevator
1 min walk to Rector Park
Condo conversion along Battery Park Esplanade
Battery Park City is a planned community at the southern tip of Manhattan that experienced a major rebirth following 9/11 for both commercial and residential real estate. As Battery Park City evolved, so did One Rector Park, transforming from a 1985 rental building to gut-renovated condos in 2011. Prolific NYC architect Costas Kondylis, the go-to for luxury developers like Donald J. Trump, spearheaded the conversion, and the contemporary architecture blends in with surrounding buildings. Its 174 units span 15 floors and feature washers and dryers, a rarity for neighborhood buildings. Jessica Weitzman, an experienced broker with Corcoran, has lived in Battery Park City since 2007 and has sold 15 units in One Rector. “It’s an optimal location in Battery Park,” she says, since “it’s sandwiched in between Rector Park and the Esplanade.”
Balconies and in-unit washers and dryers
Units range from 550-square-foot studios to 2,000-square-foot four bedrooms, with prices ranging from $770,000 to $3.5 million. There are also three ground-level townhomes with two floors and private entrances, including enough space to park a small car. These are priced around $3 million. Weitzman notes that units here are a bit larger compared to similar buildings in the area. Chef’s kitchens opening up to the living area are standard, as are built-in microwaves and Bosch appliances, including washers and dryers. Some units also offer kitchen appliances from Liebherr and Miele, while marble counters and upgraded cabinets are more likely in higher-end units. Smaller units are designed with floor-to-ceiling windows, and some even overlook the Hudson River, while others take advantage of World Trade Center views. Select units have the added benefit of balconies – another less common feature for Battery Park buildings – that are large enough for bike storage, an important consideration when the 12-mile-long Esplanade is half a block away and extends all the way north to the George Washington Bridge.
Full-time doorman, airy gym and private lounge
Barbara Ireland, a global real estate advisor with Sotheby’s, is also a Battery Park resident, and has sold several units here. “A hallmark of the building is that it’s well maintained,” she says. One Rector covers residents’ needs, making it possible to stay close to home while fitting in a workout in the light-filled gym overlooking the park, getting the kids out of the apartment thanks to a spacious children’s playroom on the lower level or relaxing with a book and drink in the private first-floor lounge area, which is getting another upgrade. It might seem outdated, but the building’s business center, complete with two computers and a printer, is usually in use. A full-time doorman and concierge add convenience and security, as does on-site parking for an additional fee. Bike storage is available as well, freeing up balconies for al fresco dining.
Quiet enclave that’s close to shopping, dining and attractions
It’s hard to beat One Rector Park’s location across from both Rector Park, a small, manicured greenspace, and the waterfront Esplanade, a popular pedestrian path with views of the Statue of Liberty and New Jersey across the way. This residential pocket tends to be quiet since it’s removed enough from the 9/11 Memorial, a major tourist destination, but close enough to the likes of Brookfield Place for its convenient food court and upscale shops. A growing number of young families have moved to Battery Park in recent years, and neighborhood amenities, including daycares and indoor play spaces, reflect that as well.
Numerous subway lines, ferries and highway access
“All transportation merges down here; I can get anywhere in 30 minutes,” says Weitzman, and it’s not much of an exaggeration. Nearby in the Financial District, the R, W trains stop at Rector Street, the 4, 5 lines stop at Wall Street, and the Oculus at World Trade Center, home to 12 lines and PATH trains to New Jersey, is about a 10-minute walk north. Also close? The West Side Highway and FDR Drive for accessing the east side. Add in the Battery Park City Ferry Terminal for water taxis to Midtown West and the South Ferry Terminal for the Staten Island Ferry and ferries to Governor’s Island. Not least, bike commuters can grab a Citi Bike rental and hop on the Esplanade.
Common charges and rentals
Common charges tend to be higher in Battery Park City due to PILOT payments – payment in lieu of taxes – which replace property taxes, and land lease terms, meaning buildings are not on owned land. Weitzman estimates common charges at about $275 per square foot. Many owners tend to rent instead of selling units, which can add to a transient feel. Also, not as many units for sale come on the market here. Pets under 25 pounds are allowed.
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
3/ 10
Very Bikeable
Bike Score®
82/ 100
Walker's Paradise
Walk Score®
96/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Rector Park
1 min walk
West Thames Park
2 min walk
Basketball
Trails
Playground
Kowsky Plaza Playground
4 min walk
Dog Park
Playground
South Cove Park
4 min walk
Trails
Pumphouse Park
4 min walk
Picnic Area
Trails
Albany Street Plaza
5 min walk
Picnic Area
Gwathmey Plaza
5 min walk
Picnic Area
Liberty Park
5 min walk
Picnic Area
Hudson River Trail
7 min walk
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
