Condominium · 1920
Part of The Worth Building condominium
65 Worth Street, New York, NY 10013
Buildings·Condominium

65 Worth Street

65 Worth Street, New York, NY 10013

At a glance
Year built
1920
Type
Condominium
Landmark
Designated

65 Worth Street belongs to the generation of Tribeca loft conversions that turned the neighborhood's nineteenth- and early-twentieth-century commercial buildings into one of the most desirable residential districts in Manhattan. The building sits in the heart of the Tribeca East Historic District, on a stretch of Worth Street defined by its marble- and cast-iron-fronted store-and-loft buildings — survivors of the era when this was the city's dry-goods and textile trade.

The appeal is the loft itself: column-and-beam floor plates, oversized windows, and ceiling heights that postwar and new construction rarely match. Where a typical apartment is built down to a number, a converted loft like this one starts from the bones of a commercial building — generous footprints, deep light, and the architectural texture of original masonry and structure. Buyers come to Tribeca for exactly this, and 65 Worth delivers it in a small, low-density condominium of 30 homes across seven floors.

As a condominium rather than a cooperative, the building also offers what loft buyers increasingly want: ownership flexibility. Condominium purchase is structurally lighter than a co-op board process, financing is unconstrained by co-op caps, and the resale and rental latitude that condominiums provide is part of the building's long-term liquidity.

Architecture and unit composition

The building reads as a piece of lower Manhattan's mercantile history — a masonry-and-cast-iron loft structure of the kind the Tribeca East Historic District was created to protect. Its restoration as a residential condominium kept the scale and the street wall intact while bringing the interiors up to a modern residential standard. Worth Street here is a low, dense corridor of similar buildings, and the cohesion of that streetscape is a large part of why the conversion has held its value.

The 30 residences are loft-format homes — wide, light-filled floor plates with high ceilings, large windows, and the open-plan flexibility that lofts allow. Unit sizes run generously by Manhattan standards, with full-floor and near-full-floor layouts among the building's larger homes. Original structural elements — columns, beams, and masonry — are part of the architectural character buyers are paying for, alongside the modern kitchens, baths, and systems installed in the conversion.

Building operations

65 Worth is a self-managed loft condominium operated for a small, owner-occupied community rather than as a full-service tower. Security is handled through attended video and virtual-doorman systems with a superintendent presence on site — a model common to boutique Tribeca conversions, where buyers trade the cost of round-the-clock staffing for lower common charges. Common amenities are unusually deep for a building of this size, anchored by a shared fitness and wellness suite with sauna and steam and a resident lounge, plus private storage and elevator service.

As a condominium, ownership and transfer rules are condominium-standard: financing is not capped the way it is at a cooperative, purchases clear through a right-of-first-refusal rather than a board interview, and subletting and investment ownership are materially freer than at a co-op. Pet policies and house rules are set by the condominium board; the building has historically run as a residential, owner-occupied community. Because the building sits in a historic district, any exterior change is subject to Landmarks review — a protection that preserves the streetscape and, with it, the value of the address.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$30,359/yr
2030–2034 annual penalty
$101,992/yr
Per unit / month range
$84 – $283
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

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.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$4,150 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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

With 30 residences, 65 Worth and the larger Worth Building condominium see steady but limited turnover — a handful of resales in a typical year, with the larger full-floor lofts trading less frequently and commanding the building's premium when they do. Tribeca loft pricing is driven by square footage, ceiling height, light, and condition more than by any single benchmark, and the spread between a renovated full-floor loft and a smaller home is wide. Value here is best read against recent activity in the surrounding Worth, Leonard, and Franklin Street conversions rather than any neighborhood-wide figure. The building's auto-generated sales record on this site reflects recorded transfers tied to its tax lot.

What to know if you’re buying

Buy the loft, not the floor plan. The reason to be in a building like this is the architecture — the height, the light, the structure, the footprint — and those qualities vary meaningfully from home to home. The best values are the lofts whose layout, exposure, and condition make the most of the original bones.

Understand the condominium model. As a self-managed boutique condominium, 65 Worth runs leaner than a staffed tower: common charges reflect the lighter service model, and the building's reserves and financial management are worth reviewing closely. The upside is the condominium's flexibility — open financing, lighter transfer mechanics, and freer subletting than any co-op nearby. We help buyers read the condominium's financials, governing documents, and house rules before they commit.

Factor in the historic district. Exterior and structural changes are subject to Landmarks review, which preserves the building's character but adds process to certain renovations — a consideration for buyers planning significant work.

What to know if you’re selling

Lead with the loft and the district. A Tribeca East Historic District address, original loft architecture, and full-floor scale are the durable selling points — they distinguish a home here from the smaller, newer product in the surrounding market.

The condominium structure widens your buyer pool. Open financing, lighter closing mechanics, and subletting flexibility make a resale here accessible to buyers — including pied-à-terre and investment buyers — who would be screened out of a co-op. That breadth should be front and center.

Condition and ceiling height set your number. In loft sales, the buyer is paying for volume and light; a well-renovated, high-ceilinged full-floor home sits at the top of the building's range, and pricing should be calibrated to where a specific unit falls.

Benchmark to the Tribeca loft set. Comparable analysis belongs against the neighborhood's other historic-district loft conversions, not against new construction or postwar inventory.

Comparable buildings

If you're considering 65 Worth Street, also evaluate Tribeca's other historic loft conversions:

The Roebling Team at Part of The Worth Building condominium

The Roebling Team at Compass specializes in downtown's loft districts — Tribeca, SoHo, and the historic-district conversions that reward buyers who understand what they're buying. We publish this profile because loft value lives in specifics — ceiling height, light, footprint, the condominium's financial health — that a casual search overlooks.

If you're weighing a purchase or sale at 65 Worth, a focused consultation is the right starting point.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com