Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
20 Exchange Place #4505
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Active For Rent Rental

$5,045/mo

$8 per sq ft

20 Exchange Place #4505

Financial District, Manhattan

MLS® #RLS20084815

RLS at REBNY

Listing by Mirador Real Estate LLC

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

1

Bedroom

1

Bath

660

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 660 sq ft
Year Built 1931
Ownership RentalBuilding
Parking Valet
Neighborhood Financial District
Floor 45

Property Highlights

  • Views: City, River
  • Exposure: South,West facing
  • Outdoor Space: Rooftop

Property Details

Type Rental
Ownership Rental Building
Total Rooms 3
Baths 1 Full
Floor 45
View City, River
Exposure South,West
Heating None
Pets Yes
Cross Street South William Street and Hanover Street
Year Built 1931
Living Area 660 sq ft
Parking Features Valet
Architectural Style Prewar
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00027/0027

Listing History

Event Date Price Change
Listed Apr 16, 2026 $5,045 -
Currently May 1, 2026 $5,045 -

Description

Welcome to this spacious one bedroom with high ceilings, southwestern exposure, sunlight throughout the day and large windows featuring stunning views of the water as well as the city skyline. Newly renovated with a washer/dryer in unit, modern finishes, hardwood floors and stainless steel appliances.

This is an as-is lease assignment with an option to renew at the end of the lease term. Unit is in excellent condition. Occupied briefly since the new renovations done earlier this year. The apartment will be delivered unfurnished. Option to purchase any of the existing furniture.

24-hour doorman full-service building that is pet friendly. Amenities: sun deck, fitness center, lounge with billiards room, dry cleaning / wash and fold, package room, bike room. Social events including wine tastings and wellness workshops. Coming soon: newly renovated 19th floor rooftop terrace with a dedicated dog run, fitness center, lounge and game room.

One block from 2/3 train on Wall & William St. Close to Wall St / Pier 11 Ferry.





Features & Amenities

Interior Features

High Ceilings Storage Building Inside Common Area In Unit Flooring: Hardwood

Exterior Features

Building Storage Building Roof Deck Private Outdoor Space Under60 Sqft Storage Rooftop

Building Amenities

Bike Storage Concierge Elevators Health Club Storage

Appliances

Dryer Dishwasher Microwave Stainless Steel Appliances Washer

Rental Details

Available

5/1/2026

Security Deposit

$5,045

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$5,045

Security Deposit

$5,045

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Tenant Pays

Insurance,Internet,Security

Fee Details

Gas, heat and hot water are included in the rent. Amenity fee: currently $100 monthly. Pet fee: $50 monthly per pet / allowed up to two pets per unit. Tenant pays for electricity, which is billed directly to their rent account each month. Tenants responsible for setting up and paying for phone, internet and cable

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$420
Est. nightly rate
65%
Avg. occupancy
$8,190
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

253

Median Asking Price

$1.29M

Median $/Sqft

$1,247

Avg Days on Market

N/A

New This Week

8

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/1/26, 12:39 AM EST

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Location

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20 Exchange Place #4505, Financial District, New York County • Near South William Street and Hanover Street

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Building Information

Official NYC property records for this building

1931
Year Built
95 years old
57
Floors
762
Residential Units
C5-5
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $87,326,100
Land Value: $14,400,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 24,524 SF
Building Area: 776,000 SF
Built FAR: 31.64
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 660 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is RentalBuilding

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,045 for 660 sq ft, the asking price per square foot is approximately $8. This figure is for reference only and may differ from appraised or assessed values.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20084815
First Listed: 4/16/2026
On Market: 4/16/2026
Price Changed: 4/16/2026
Contract Date: 4/16/2026

Listing Courtesy of Mirador Real Estate LLC - Anezi Obioha

Listing Contact: (212) 248-3333

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 4:39 AM UTC

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