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Astonishing Tribeca Factory-Turned-Mansion Seeks $49.5M

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The 1862 limestone shoe factory-turned-mansion at 144 Duane Street in Tribeca has been on the market for more than a year now, and listings that linger can start to feel stale?even a listing as utterly mind-blowing as this one. So the broker's taken the perhaps even more mind-blowing step of raising the price. We gave it away in the headline, but the property is now asking $49.5 million, a $4.5 million PriceUpper that's still only 10 percent more than the previous ask. The building's got some truly impressive features, including a landscaped roof deck and a basketball court in the basement, all the product of a Studio Rivelli renovation that began back in 2001. Still, is there a buyer out there who wouldn't pay $45 million but will pay $49.5M?
There probably isn't a buyer out there who needs the full 30,000 square feet for him or herself, so it might be a point in the building's favor that it's actually carved into multiple units. (There is, as the listing notes, also the potential for a condo conversion.) There's the 11,000-square-foot penthouse on floors four, five, and six?that comes with a roof deck and terrace, plus the private gym and basketball court found in the building's basement. Then there are rental units on the second and third floors and a showroom on the ground floor. Here are the floorplans for all of that:

· Listing 144-144 Duane Street [Elliman]
· 144 Duane Street coverage [Curbed]

144 Duane Street

144 Duane Street, New York, NY