---
title: "2 PARK Place #40, New York City, NY 10007"
description: "2 PARK Place #40, New York City, NY 10007 — Tribeca, New York City, NY. Listing Price $18,500,000. 4 bed, 6 bath, 6,095 sqft Illustrative Buyer Commission Share of $277,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10007/2-park-place-40-ny-10007"
source: "Real Estate Rebate Team"
dateModified: "2026-09-14T13:54:56.915Z"
status: "Active"
---

# 2 PARK Place #40, New York City, NY 10007

Tribeca, New York City, NY

Courtesy of Corcoran Group

Last updated: September 14, 2026, 9:54 AM

## At a Glance

- **Listing Price**: $18,500,000
- **Beds**: 4
- **Total Baths**: 6
- **Sqft**: 6,095
- **Common Charges**: $15,403 / mo
- **Price per Sqft**: $3,035
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $18,500,000
- **Illustrative Buyer Commission Share**: -$277,500*
- **Illustrative Net Cost**: $18,222,500

*Illustrative Buyer Savings of $277,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![2 PARK Place #40, New York City, NY 10007 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/28ac6586-f7db-480a-818e-9f0cfadaadbf.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bac440c1-1285-45a3-b633-f37573954e1e.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/00d7ec3c-9b58-404e-ac1e-b7d72839211e.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9fbc3b35-ca08-4866-9542-18290ed235a0.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e42e7f5d-8474-4fb9-872a-fcb32d2112b5.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d774e01-f4b1-4618-98d7-60d2898d593c.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17e7c833-2f52-4b51-aa65-346003063d79.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56c6681f-7089-4834-ab06-fcefcb05718c.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e5ba455-c2ff-40d5-a428-052e5d5be805.jpg)
![2 PARK Place #40, New York City, NY 10007 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/95d897e5-57e2-49ff-87d7-ec3e5afc0443.jpg)

## Property Overview

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.

## Property Details

- **Property Type**: Condominium
- **Beds**: 4
- **Total Baths**: 6
- **Rooms**: 7
- **Sqft**: 6,095 sqft
- **Stories**: 61
- **Year Built**: 1913
- **Price per Sqft**: $3,035
- **Common Charges**: $15,403 / Monthly
- **Listed On**: Sep 14, 2026
- **Days on Market**: 1 Days

### Residence Features

- Central Air
- Washer Hookup
- In Unit
- Separate/Formal Dining Room
- High Ceilings
- Storage
- Dishwasher
- Washer Dryer Allowed
- Bridge(s)
- City Lights
- City
- Panoramic

### Building Amenities

- Sauna

## Sales Evidence

### Recent closed sales

9 apartments at The Woolworth Tower Residences have recorded sales since September 2021, the most recent for $7,450,000 in January 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 38A (Loft) | 3 | 3,282 | $7,450,000 | $2,270/ft² | January 7, 2026 | City record · MLS |
| 41A (Apartment) | 3 | 3,282 | $7,500,000 | $2,285/ft² | July 3, 2025 | City record · MLS |
| 49 Fl Pennacle PH (Apartment) | 3 | — | $30,000,000 | — | August 7, 2023 | MLS |
| 49A/50A (Apartment) | — | — | $30,000,000 | — | August 3, 2023 | City record |
| 45A (Apartment) | 3 | 2,425 | $6,500,000 | $2,680/ft² | December 29, 2022 | City record · MLS |
| Pavilion A (Apartment) | 5 | 6,711 | $19,500,000 | $2,906/ft² | July 12, 2022 | MLS |
| 29A (Apartment) | — | 6,711 | $19,500,000 | $2,906/ft² | June 15, 2022 | City record |
| 46-B (Apartment) | 1 | 1,294 | $2,999,000 | $2,318/ft² | December 1, 2021 | City record · MLS |
| 33B (Apartment) | 2 | 2,584 | $5,200,000 | $2,012/ft² | October 29, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable condo four-bedroom sales in Tribeca is $7,650,000, based on 31 sales between October 2024 and June 2026. This home is asking $18,500,000, $10,850,000 above that median. The middle half of those sales closed between $6,085,000 and $13,100,000.

- **Median closed price**: $7,650,000
- **Middle half**: $6,085,000 – $13,100,000
- **Based on**: 31 condo four-bedroom sales in Tribeca
- **Period**: October 2024 – June 2026
- **Median $/ft²**: $2,388/ft²

Across the 25 of these sales with a published asking price, the median closed at 93.8% of what it originally asked. 96% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Tribeca instead.

### How these sales were negotiated

- **Sold vs original ask**: 93.8% of the original ask
- **Closed below ask**: 96% of 25 sales
- **Listed → in contract**: 124 days (about 18 weeks)
- **In contract → closed**: 59 days (about 8 weeks)

Across the 25 of these sales with a published asking price, the median closed at 93.8% of what it originally asked. 96% of them closed below the original ask.

Half of these homes were in contract within 124 days (about 18 weeks) of coming to market, based on the 26 with a recorded listing date.

Once a deal was agreed, closing took a further 59 days (about 8 weeks), based on the 25 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 31 condo four-bedroom sales in Tribeca, October 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at The Woolworth Tower Residences, 2018 to 2021. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2018 | $2,954/ft² | 4 (thin) |
| 2019 | $2,556/ft² | 6 |
| 2020 | $2,050/ft² | 6 |
| 2021 | $2,200/ft² | 13 |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The Woolworth Tower Residences](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-woolworth-tower-residences)

## About The Building

### The Woolworth Tower Residences

Tribeca · Condominium

2 Park Place, New York, NY 10007

A building in Tribeca, currently featuring 4 active listings.

- **Year Built**: 1910
- **Total Units**: 4
- **Floors**: 61

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-woolworth-tower-residences)

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [40](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10007/2-park-place-40-ny-10007) | 4 | 5 | 6,095 sqft | $3,035 | $18,500,000 | Corcoran Group | Sep 14, 2026 | 1 days |
| [41B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10007/2-park-place-b-41B-ny-10007) | 2 | 3 | 2,548 sqft | $3,395 | $8,650,000 | Sothebys International Realty | Feb 13, 2020 | 2,406 days |
| [47A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10007/2-park-place-47a-ny-10007) | 3 | 3 | 2,425 sqft | $2,659 | $6,448,000 | Sothebys International Realty | Sep 8, 2026 | 7 days |
| [34A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10007/2-park-place-34a-ny-10007) | 3 | 4 | 3,282 sqft | $2,402 | $7,885,000 | Corcoran Group | Sep 2, 2026 | 13 days |

## Estimated Monthly Payment

**$108,949 / month**, assuming a 20% down payment ($3,700,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $93,546
- **Common Charges**: $15,403

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Tribeca

Overview of Tribeca

[Explore Tribeca](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

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- [Civic Center real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/civic-center)
- [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [Battery Park City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/battery-park-city)
- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)

## Related Links

- [The Woolworth Tower Residences — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-woolworth-tower-residences)
- [Tribeca neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
