- Year built
- 2003
- Type
- Condominium
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,165
- Listing discount
- 2.2%
- Recorded sales
- 274
- On record
- 2004–2026
505 Greenwich Street is one of the early ground-up condominiums to anchor Hudson Square, the wedge of converted printing-and-warehouse blocks between SoHo, Tribeca, and the West Village. Completed in 2003, it arrived ahead of the neighborhood's transformation — at a moment when the area was still mostly commercial — and helped establish Hudson Square as a credible residential address with the amenity depth downtown buyers expect.
The building's case is location plus structure. It sits within easy walking distance of SoHo's retail and gallery core, Tribeca's restaurant rows, and the Hudson River Park waterfront, while offering something neither SoHo's loft co-ops nor Tribeca's converted warehouses reliably provide at this price: a true full-service condominium with a deep amenity package, predictable carrying costs, and the ownership flexibility a condominium confers.
For buyers who want a downtown address with new-construction conveniences — central air, a fitness center, a concierge, outdoor space — rather than the quirks of an older loft conversion, 505 Greenwich is a purpose-built answer.
Building operations
505 Greenwich runs as a full-service condominium with an unusually complete amenity roster for its scale: a 24-hour concierge, a fitness center, a children's playroom, a pet spa, a landscaped courtyard and Zen garden, a roof lounge, a bike room, private storage, and cold storage for deliveries. The garden and courtyard are a genuine differentiator downtown, where private green space is scarce.
As a condominium, the building offers the flexibility its structure implies: financing is not capped the way it is at many co-ops, and pied-à-terre, trust, LLC, and investor purchases are customary. The building is pet-friendly — the on-site pet spa underscores it. That combination of full service, real outdoor amenity, and condominium freedom is the building's core draw.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $17,369/yr
- Per unit / month range
- $0 – $14
Facade safety — Local Law 11
Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 18, 2026 | 8B | 2 BR · 1,279 sf | $2,700,000 | $2,111/sf | off-mkt |
| May 18, 2026 | 5F | 1 BR · 812 sf | $1,650,000 | $2,032/sf | off-mkt |
| Dec 23, 2025 | 5G | 1 BR · 1 BA · 722 sf | $1,535,000 | $2,126/sf | -1.0% |
| Dec 9, 2025 | 8AW | 2 BR · 2.5 BA · 1,812 sf | $3,100,000 | $1,711/sf | -8.1% |
| Oct 3, 2025 | 14A | 2 BR · 2.5 BA · 1,819 sf | $3,650,000 | $2,007/sf | -1.2% |
| Aug 12, 2025 | 8G | 1 BR · 1 BA · 722 sf | $1,520,000 | $2,105/sf | -3.5% |
| Aug 4, 2025 | 2GH | 4 BR · 4 BA · 2,710 sf | $4,568,000 | $1,686/sf | -8.5% |
| Jul 10, 2025 | 10G | 1 BR · 1 BA · 722 sf | $1,500,000 | $2,078/sf | +5.3% |
Market read. Most recent trades (2026) cleared a median $2,165/sf across 2 sales. Median listing discount 2.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Feb 27, 2008 | 2D2 | $3,350,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00594-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
This is a condominium, with the advantages that brings downtown: financing flexibility, lighter board review, and the ability to buy in an LLC or trust or hold as a pied-à-terre. For buyers comparing it to SoHo loft co-ops or older Tribeca conversions, that structural difference is often decisive.
The amenity package is broad for the building's size, and it is part of what you are buying — but it also drives common charges. Weigh the monthly carrying cost against how much of the garden, gym, playroom, and pet spa a given household will actually use; for families and pet owners the value is obvious, for a pure pied-à-terre buyer less so.
Location is doing real work here. The building is walkable to SoHo retail, Tribeca dining, the Hudson River Park, and multiple subway lines, while sitting on a quieter Hudson Square block. We help buyers benchmark the price against new and converted downtown product and read the building's financials before committing.
What to know if you’re selling
Lead with full service and outdoor amenity. A 24-hour concierge, a landscaped garden, a roof lounge, and a pet spa are concrete advantages over the loft conversions a downtown buyer will also be touring — position the home on conveniences those buildings cannot match.
Benchmark to the right set: full-service Hudson Square, SoHo, and Tribeca condominiums of similar vintage, not older loft co-ops. The ownership structure and amenity depth attract a different buyer and support a different price. Closing clears through condominium mechanics and a right-of-first-refusal rather than a co-op board — a faster, more predictable path that is itself a selling point.
Presentation and exposure matter most for the interior and lower-floor lines, where competition with the building's brighter units is real; staging and pricing should reflect each home's specific light and outlook.
Comparable buildings
If you're considering 505 Greenwich Street, also evaluate nearby SoHo, Hudson Square, and Tribeca inventory:
- 565 Broome Street — Renzo Piano-designed condominium towers in SoHo
- 443 Greenwich Street — a landmark Tribeca warehouse conversion
- 70 Vestry Street — a riverfront Tribeca condominium
- 101 Warren Street — a full-service Tribeca condominium
The Roebling Team at 505 Greenwich Street
The Roebling Team at Compass specializes in the SoHo, Hudson Square, Tribeca, and West Village condominium market. We publish this profile because buyers and sellers weighing a full-service downtown condominium against the neighborhood's loft conversions deserve building-specific intelligence — the amenity value, the ownership advantages, and where the pricing sits against new and converted inventory.
If you're considering a purchase or sale at 505 Greenwich, a 30-minute consultation is the right starting point.
Get the full picture on this building.
Current availability including off-market, the full comp set, and the board & financials read most listings don't show.