88 Leonard – 88 Leonard Street

88 Leonard is located in downtown Manhattan’s Tribeca neighborhood. Amenities at the luxury rental building include a 14th floor roofdeck, spa terrace and whirlpool.  Each apartment features granite countertops and stainless steel appliances in the kitchens, marble tile baths and white oak plank floors in the living areas. Built in 2006, the 23-floor building offers 334 units ranging in size from studios to three bedroom homes. Interestingly, 5% of the units at 88 Leonard (about 18 units) will meet affordable housing requirements thanks to the fact that the building’s developer received $112.5M in funding from Liberty Bond (in accordance with Liberty Bond’s eligibility requirements).

Units and Pricing

There are currently no active rental listings at 88 Leonard, which is a testament to the building’s popularity. Previous rentals, of which there are 288, ranged in price from $2,200/month for a studio to $5,700/month for a two bedroom, two bath unit. The average price per square foot at 88 Leonard is $66.

Features and Amenities

The glass fronted building boasts sun-drenched, spacious apartments with modern, luxurious finishes fit for a condominium but situated in a rental. Floors are done in white oak strip flooring and kitchens boast stainless steel, top of the line appliances and granite countertops to juxtapose the white cabinets, while bathrooms boast elegant tile flooring. Select residences boast Miele washers and dryers. Amenities at 88 Leonard include a garage, fitness center, a media lounge, landscaped garden, landscaped sundeck, spa terrace with 20′ whirlpool, tenant storage and bicycle storage.

Location

88 Leonard is located in the highly hyped downtown neighborhood of Tribeca, where cobblestone streets and old factory buildings blend seamlessly with new high rise buildings. Tribeca offers some of the city’s best restaurants, as well as a street full of antique stores, views of the water, a proximity to Soho shopping, and its very own Whole Foods, Barnes and Noble and Best Buy. Tribeca features renowned schools and even more renowned architecture. Everything is at your fingertips in this historic neighborhood.

Why You Would Want to Live Here

88 Leonard might be slightly pricy, but you get what you pay for. The residences are gorgeous, and the amenities are beyond. The building feels like a high priced condominium, but in fact, it’s a rental, which means you get all of the finishes and amenities but none of the commitment required to actually buy a place. Tribeca is a great place for young families, what with its big box stores, great schools, and amazing boutiques. It’s just a hop, skip and a jump to Wall Street and Soho, and the Hudson River is at your doorstep. In short, 88 Leonard knocks it out of the park. The apartments are gorgeous, and the location is unbeatable.