Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
2 PARK Place #40

For Sale · Listing by Corcoran Group

2 PARK Place #40

Tribeca, Manhattan

$18,500,000

Interested in this property?
Active For Sale Condo

$18,500,000

$3,035 per sq ft

2 PARK Place #40

Tribeca, Manhattan

Woolworth Building

MLS® #RLS20114789

RLS at REBNY

Listing by Corcoran Group

4
Bedrooms
4.5
Baths
6,095
Sq. Ft.
1913
Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 2 half
Living Area 6,095 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $15,403/mo
Property Taxes Contact for details
Neighborhood Tribeca
Floor 40 of 57

Property Highlights

  • Views: Bridges, City Lights, City, Panoramic
  • Exposure: East,North,South,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 4 Full, 2 Half
Floor 40 of 57
View Bridges, City Lights, City, Panoramic
Exposure East,North,South,West
Cooling Central Air
Pets Yes
Year Built 1913
Living Area 6,095 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00123/1021

Listing History

Event Date Price Change
Listed Sep 14, 2026 $18,500,000 -
Currently Sep 14, 2026 $18,500,000 -

Description

Perched atop one of New York's most celebrated landmarks, Residence 40 is a full-floor home spanning more than 6,000 square feet within an NYC icon - The Woolworth Building. Rising 516 feet above City Hall Park, this remarkable residence is 1 of 1 at Cass Gilbert's neo-Gothic masterpiece - the 40th floor is the only residence in the building to offer 15 foot ceilings AND the building's original polychromatic terra-cotta detailing surrounding the windows. A private elevator landing opens to a thoughtfully designed floor plan that balances grand entertaining with private living. At its center is a dramatic 50-foot great room framed by soaring ceilings. Northern and eastern exposures provide sweeping city and river views, while expansive wall space offers an ideal backdrop for a large scale art collection. Directly off the great room, is a dining room of unmatched proportions, easily accommodating 20+ guests. An eat-in kitchen is appointed with custom Dada cabinetry, Calacatta Caldia marble countertops and backsplash, and integrated Miele appliances. Residence 40 features four bedrooms, each with an en-suite bath, discreetly positioned away from the entertaining spaces. The corner primary suite enjoys open city and river views, a substantial dressing room, and a marble-clad bath with radiant heated floors, soaking tub, oversized shower, and Dornbracht fixtures. Originally commissioned by retail pioneer F.W. Woolworth as the headquarters for his empire, the Woolworth Building remains one of the most significant architectural achievements that has defined the Lower Manhattan skyline since its completion in 1913. Today, the upper floors have been transformed into just 33 residences by Alchemy Properties, with interiors by renowned architect Thierry W. Despont. Residents enjoy a dedicated lobby, white-glove service, and an exceptional suite of amenities including the Gilbert Lounge, pool, fitness studio, wine cellar and tasting room.

Features & Amenities

Interior Features

Separate Formal Dining Room High Ceilings Storage Building None Washer Hookup In Unit

Exterior Features

None

Building Amenities

Concierge Elevators Indoor Pool Sauna Sauna

Appliances

Dishwasher Washer Dryer Allowed

Building Information

Financial Details

Common Charges $15,403/mo
RE Taxes Contact for details

Tribeca (the Triangle Below Canal) is synonymous with ultra-luxury and understated elegance. Once an industrial district, it is now home to some of the city's most expensive and sought-after real estate. The neighborhood is defined by its massive cast-iron loft buildings, cobblestone streets, and nearby public schools. Residents enjoy a discreet lifestyle in expansive lofts or in world-class new developments designed by 'starchitects' along the Hudson River waterfront.

Tribeca Live Market Data

View Neighborhood

Active Listings

129

Median Asking Price

$5.00M

Median $/Sqft

$2,251

Avg Days on Market

N/A

New This Week

24

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$3.82M

Live data from RLS at REBNY • Updated 9/14/26, 9:40 AM EST

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Location

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2 PARK Place #40, Tribeca, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1913
Year Built
113 years old
60
Floors
31
Residential Units
C5-3
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $100,224,757
Land Value: $7,883,958
Exemptions: $0

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

Lot Area: 29,411 SF
Building Area: 880,371 SF
Built FAR: 29.93
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 $15,403 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 4 bedrooms and 4 full bathrooms and 2 half bathrooms.

The listed interior living area is 6,095 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1913, making it approximately 113 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $18,500,000 for 6,095 sq ft, the asking price per square foot is approximately $3,035. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20114789
First Listed: 9/14/2026
On Market: 9/14/2026
Price Changed: 9/14/2026
Contract Date: 9/14/2026

Listing Courtesy of Corcoran Group - Catherine Juracich Juracich

Listing Contact: (646) 283-1384

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/14/2026 at 1:40 PM UTC

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Tribeca Market Update

20 sales last 30 days · $5.00M median · 6.5 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Tribeca Borough Manhattan
County New York
Floor 40 of 57
Year Built 1913
First Listed 9/14/2026
Living Area 6,095 sqft
Common Charges $15,403/mo

Monthly Costs Estimate

Down Payment 20%

$3,700,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $15,403
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $15M to $19,999,999 at 3.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$647,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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