250 West Street

250 West Street is an early twentieth-century warehouse on the Hudson in Tribeca, converted to condominiums by the El Ad Group and sold off through 2013. The City has recorded 192 priced deeds at the address. The conversion itself accounts for 103 apartment closings in 2013 at a median of $2.93M, and 86 resales have followed since. Over the last five years the median resale has been $4.13M. I sold unit 3F here in 2025, and because that apartment was bought new in the conversion, its entire ownership history is in the public record. It is below.

How many apartments are there?

Published figures for this building run from 97 to 111, which makes it hard to judge how often anything actually comes up. The deed record is more specific.

The City holds 107 separate apartment designations here and a single ancillary lot, and 102 of those apartments have recorded at least one sale. Unlike most new condominiums, this building has almost no separately deeded storage, so the designation count and the apartment count are nearly the same thing.

Against 107 apartments, recent years have produced between three and twelve resales. That is a turnover rate of roughly three to ten per cent, and in a building this size it means a given line may not appear for years at a time.

What apartments have sold for

These are resales only. The 2013 conversion closings are excluded, because what a sponsor charged in a single year of selling is not evidence of what the building is worth now.

Two cautions on reading this. First, the yearly counts are small, so one large apartment moves a median: the 2024 figure sits high because a penthouse traded that year, not because the whole building rose. Second, the range column does more work than the median does, because this building holds everything from modest one bedrooms to full floor lofts, and a single midpoint flattens that into a number no actual apartment matches.

One apartment, bought new and sold twelve years later

Unit 3F is the apartment I sold in 2025. It was bought new in the conversion, so unlike almost any other apartment in Manhattan, the full round trip is a matter of public record.

Twelve and a half years, and a gain of 36.4 per cent before any cost of owning it. That is roughly two and a half per cent a year compounded, against common charges, taxes and the cost of selling. I am showing you this because it is the single most useful number on this page and the one a seller is least often told: a good Tribeca condominium, bought new and held through a strong decade for Manhattan property, produced a modest return rather than a dramatic one. Anyone buying here should want that to be the honest baseline.

What the record cannot tell you

A recorded price is the number on the deed, and in a converted warehouse it conceals more than usual.

The apartments here are not standardised. Ceiling heights, column placement, window line and whether a loft was divided into real bedrooms vary enormously from one unit to the next, and none of that is in the data. Light is the main variable in a building this deep, and a low floor on the river is a different proposition from a low floor on the street. Condition matters more than in a new building, because conversion finishes are now more than a decade old and some apartments have been redone and some have not.

The record is also late. A deed is recorded weeks to months after the price was agreed, so the most recent row in the table above describes an older negotiation than its date suggests, and the current year is always a floor rather than a final count.

My own transaction here

I represented the sale of unit 3F, recorded on 9 September 2025 at $3,800,000. It appears on my notable sales page, and the figure there is taken from the same City record you can check yourself.

I am not the listing agent for this building and I have nothing for sale in it as I write this. This page exists because the question I am asked about 250 West Street is what things actually trade for, and that answer takes a table.

Common questions

What do apartments at 250 West Street sell for?

Over the last five years, recorded resales have run from $0.59M to $37.60M at a median of $4.13M across 43 sales. Where an individual apartment falls in that range depends mostly on floor, exposure and whether it has been renovated since the conversion.

How many apartments are in the building?

The City's record holds 107 apartment designations, of which 102 have recorded a sale. Published figures ranging from 97 to 111 circulate; the deed record is the more reliable count.

When was 250 West Street converted to condominiums?

The building was bought for $142,000,000 in June 2006 and the apartment closings ran through 2013, when 103 apartments closed at a median of $2.93M. Published conversion dates vary because the approval, construction and sellout happened in different years.

Is it a co-op or a condominium?

A condominium. Each apartment is separately deeded, which is why every sale appears in the public record, and the purchase process is far lighter than the board approval a co-op would require.

How often do apartments come up for sale?

Between three and twelve a year in recent years, against 107 apartments. If you want a particular line or exposure, you should expect to wait rather than to choose.

Has the building held its value?

Modestly. Unit 3F is the clearest case available: bought new in the conversion and sold twelve and a half years later for 36.4 per cent more, before the cost of owning it. That is a store of value rather than a growth story.

Where do these numbers come from?

Every figure is from the City of New York record of recorded deeds for this address. I counted priced deeds only, collapsed transactions recorded against several lots on the same day at the same price so combined closings are not double counted, separated the 2013 conversion closings from later resales, and excluded the purchase of the building itself. Deeds continue to be recorded after a sale closes, so the current year is a floor rather than a final number.