The Downtown Club 20 West St Unit 5G New York, NY 10004
Financial District NeighborhoodEstimated Value: $540,000 - $899,042
--
Bed
1
Bath
1,017
Sq Ft
$1,425/mo
HOA Fee
Highlights
- Sauna
- 4-minute walk to Bowling Green
- Cooling System Mounted In Outer Wall Opening
- Battery Park City School Rated A
- Terrace
- 3-minute walk to South Cove Park
About This Home
As of March 2024*Please note that the above price reflects the suggested opening bid for the property, which is being marketed for sale by auction December 7th. 5% Buyer’s Premium. Auction with reserve and property subject to prior sale, which means you may submit a bid at any time before the online auction. Please visit Paramount Realty USA’s website for complete details.
This expansive studio loft in the Downtown Athletic Club is filled with natural light and boasts over 1,000 square feet of functional space. Live in a stunning landmarked condominium in the Financial District melding historic charm with modern style, along with a wealth of upscale amenities.
Residence 5G offers generous, airy interiors with grand proportions. The gracious layout flows easily from the very spacious den/office or bedroom on one end, to a light-filled living room with 11’ ceilings and west-facing views on the other. The open kitchen with stainless steel appliances makes serving and entertaining seamless.
Built in 1930 and originally the site of the Downtown Athletic Club, 20 West Street is today a gorgeous art deco condominium with a 24-hour doorman, grand lobby, and 12,000+ square feet of recently renovated amenity space for residents. This includes a huge state-of-the-art fitness center with soaring ceilings, a yoga and spin room, spa/massage room, and locker rooms with steam rooms; a spacious lounge and event space; billiards room with large outdoor terrace; theater/screening room; bike room; and blissful roof deck with breathtaking views of Lower Manhattan, Downtown Manhattan, and the Hudson River.
The idyllic address is close to lush parks, the Hudson waterfront, Battery Park City, fine retailers and dining establishments, fabulous Brookfield Place, and other prime area attractions. Public transportation is also nearby, including ferry service.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,436
Year Built
- Built in 1930
Lot Details
- West Facing Home
- Garden
HOA Fees
- $1,425 Monthly HOA Fees
Interior Spaces
- 1 Full Bathroom
- 1,017 Sq Ft Home
- Sauna
Outdoor Features
- Terrace
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Listing and Financial Details
- Legal Lot and Block 1117 / 00015
Community Details
Overview
- 283 Units
- High-Rise Condominium
- Financial District Subdivision
- 45-Story Property
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Mar 21, 2024
Sold by
Usrec Real Estate Holdings Iv Llc
Bought by
Cankat Dennis and Cankat Elva
Seller's Agent
Clea Kornel
Compass
List Price
$560,000
Sold Price
$750,750
Premium/Discount to List
$190,750
34.06%
Total Days on Market
80
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,739
Avg. Annual Appreciation
-1.08%
Original Mortgage
$465,000
Outstanding Balance
$460,063
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,948
Purchase Details
Closed on
Dec 1, 2021
Sold by
Bcs 20 West Llc
Bought by
Usrec Real Estate Holdings Iv Llc
Purchase Details
Closed on
Jul 21, 2008
Sold by
New 19 West Llc and % The Moinian Group
Bought by
Twentywest Properties Llc
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cankat Dennis | $750,750 | -- | |
| Cankat Dennis | $750,750 | -- | |
| Usrec Real Estate Holdings Iv Llc | $14,771,485 | -- | |
| Usrec Real Estate Holdings Iv Llc | $14,771,485 | -- | |
| Twentywest Properties Llc | $898,950 | -- | |
| Twentywest Properties Llc | $898,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cankat Dennis | $465,000 | |
| Closed | Cankat Dennis | $465,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $750,750 | +34.1% | $738 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | For Sale | $560,000 | -- | $551 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $20,407 | $163,228 | $16,875 | $146,353 |
| 2023 | $20,434 | $166,577 | $16,875 | $149,702 |
| 2022 | $19,953 | $163,078 | $16,875 | $146,203 |
| 2021 | $20,005 | $163,078 | $16,875 | $146,203 |
| 2020 | $20,359 | $180,627 | $16,875 | $163,752 |
| 2019 | $17,426 | $176,566 | $16,875 | $159,691 |
| 2018 | $15,592 | $170,398 | $16,875 | $153,523 |
| 2017 | $12,487 | $173,415 | $16,875 | $156,540 |
| 2016 | $9,038 | $162,269 | $16,875 | $145,394 |
| 2015 | $1,821 | $150,203 | $16,875 | $133,328 |
| 2014 | $1,821 | $135,761 | $16,875 | $118,886 |
Source: Public Records
Agents Affiliated with this Home
-
Clea Kornel
Seller's Agent in 2024
Clea Kornel
Compass
(914) 275-6251
2 in this area
17 Total Sales
-
Stephen Ferrara
Seller Co-Listing Agent in 2024
Stephen Ferrara
Compass
(646) 761-3592
4 in this area
186 Total Sales
About The Downtown Club
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10949292
APN: 0015-1117
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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