TriBeCa Price Chop at 303 Greenwich Has Us All in a Tizzy

When we first visited this tiny one bedroom at 303 Greenwich, one of the non-descript but well-located buildings on Chambers and Greenwich, we ran screaming from the $850,000 price tag for the 700 sq ft unit.

Although the unit appears to have gained a couple of square feet, we are really excited to report that this apartment has been chopped down to the still too expensive almost 2006 price of $699,000. That basically puts this prime Tribeca apartment, which is well-renovated (yes, there's still too much wood in there) at < $1000 per square foot, which is a step in the right down direction.

Although we don't know how much #3A sold for prior to its most recent sale at the height of the market for a whopping $850,000, we do know that #9A (which appears to be the same line) sold in January 2006 for $650,000. We don't think that January 2006 (which is almost 2005 peeps) is even close to low enough for this apartment, but boy does it feel good.

303 Greenwich Street #3A - $850,000 - 700 sq. ft.

Say what? When we walked into this apartment, we couldn't believe the price. Similar to
our experience at 71 Nassau, this apartment felt smaller than the (already too small for this price range) list of 700 square feet.

But we digress...the real issue with this apartment is that every exposed surface is covered with a dark wood. The place smells like a wood shop, has no W/D (no room for one anywhere either in the cramped layout) and is very, very dark (not sure if it's the wood that makes it appear that way).

On the bright side, we are in love with the apartment's prime location at Greenwich and Chambers but wouldn't even think about paying the (we think) $200k premium to live on this block. You can get the exact same apartment plus an extra 100 sq ft. in a prime East Village location for about $150k less.