20 RIVER Terrace 16N
$1,900,000
MLS# RLS20104689 · Battery Park City
Listed July 20, 2026 · 114 days on the market
2 Beds 2 Baths 1,239 Sq.Ft.
About This Property
UNBEATABLE CONDO INVESTMENT OPPORTUNITY!!! Offered at $1,900,000, Residence 16N presents a rare opportunity to acquire a premier Manhattan investment property with immediate, cash flow. The residence is currently leased to a high-quality resident generating an approximate 5.24 percent capitalization rate. Investment opportunities of this caliber are seldom available in luxury Manhattan condominiums. With reliable in-place income from day one, investors benefit from both consistent cash flow and the long-term appreciation potential of one of Battery Park City's most desirable residential addresses. Step into this bright and airy corner home and be instantly captivated by floor-to-ceiling windows that flood the space with natural light and frame direct views of the serene Teardrop Park. This beautifully laid-out 1,239 sq. ft. two-bedroom, two-bath residence offers a peaceful retreat with partial Hudson River views from the living room - the perfect blend of city and nature. Thoughtfully designed by the acclaimed team at COOKFOX Architects, this home reflects their signature focus on wellness and sustainability. You'll find 4" wide plank white oak floors in a custom satin finish, along with a sleek kitchen featuring matte-lacquered cabinetry, Quartzite slab countertops, and high-end appliances by Sub-Zero, Cove, and Wolf. A stainless steel Julien sink paired with a polished nickel faucet adds a touch of elegance. Both bedrooms offer generous closet space, with an oversized coat closet conveniently located off the foyer for extra storage. The bathrooms are a true sanctuary, outfitted with Montpellier Limestone floors, Bianco Dolomite marble walls and counters, a custom limed walnut vanity, and an illuminated medicine cabinet with a defogging mirror. Additional in-home perks include a Miele washer and dryer, oversized noise-reducing casement windows with a low-e coating, and a four-pipe climate control system for personalized comfort year-round. Amenities Designed for Inspired Living The Solaire's amenities, also envisioned by COOKFOX, bring luxury and wellness together. Stay in the state-of-the-art fitness center, which features a private training studio and two virtual training systems. For families, there's a cheerful playroom and a dedicated media room for movie nights and gatherings. Residents enjoy white-glove services, including a 24-hour concierge, porter, live-in resident manager, bike storage, and optional in-building parking with EV charging.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Douglas Elliman Real Estate.
The Miele washer and dryer sit inside the apartment, so laundry is something you can handle at home. The kitchen comes with Sub-Zero, Cove and Wolf appliances, a dishwasher, matte-lacquered cabinetry and Quartzite countertops, plus a stainless steel Julien sink with a polished nickel faucet. Cooking and cleanup stay in one room, which is worth weighing if you entertain often.
The listing describes a corner home with floor-to-ceiling windows and direct views of Teardrop Park. The living room has partial Hudson River views, and the listing also shows city, park and river views. A corner position often adds exposure and a wider outlook, though how much light reaches each room depends on the orientation and the buildings nearby. The noise-reducing casement windows have a low-e coating, and the four-pipe system handles heating and cooling year-round alongside central air.
The two bathrooms share a finish story: Montpellier Limestone floors, Bianco Dolomite marble walls and counters, and a custom limed walnut vanity. The illuminated medicine cabinet has a defogging mirror, which is the kind of detail you notice every morning. The listing credits COOKFOX Architects with the design of the apartment.
The building was completed in 2002 and has 27 stories and 293 units. It has an elevator and a concierge, and residents can use a gym, a children's playroom, a game room, a billiard room, a resident lounge and cold storage. Residents also have a courtyard, a garden, outdoor grills and a roof deck, plus a bike room and garage parking. Pets are allowed.
Chambers Street is about 10 minutes on foot, with the 1, 2 and 3 trains, and WTC Cortlandt is about 11 minutes away on the 1. Battery Park City park is about 1 minute on foot, and the Hudson River is about 1 minute away as well. Whole Foods Market is about 6 minutes on foot, and Washington Market Park is about 5 minutes.
Quick answers+
Does the apartment have in-unit laundry?
Yes. The apartment has a Miele washer and dryer.
Does the building have an elevator?
Yes. The building has an elevator, along with a concierge and garage parking.
Are pets allowed?
Yes. Pets are allowed in the building.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
Home features
- Washer/dryer in unit
- Central air
- City view
- Park view
- River view
- Dishwasher
- Dining area
Building amenities
Services and facilities
- Bike room
- Cold storage
- Concierge
- Elevator
- Garage parking
- Laundry in building
Wellness and recreation
- Billiard room
- Children's playroom
- Game room
- Gym
- Recreation room
- Resident lounge
Outdoor space
- Courtyard
- Garden
- Outdoor grills
- Roof deck
Some building amenities are reported on other current listings in this building. Confirm amenities and building policies before relying on them.
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$14,299 / month
- Principal and interest$9,607
- Maintenance$4,692
Due at closing
- Down payment (20%)$380,000
- NYS “mansion tax” (1%)$19,000
Co-op share loans aren't subject to mortgage recording tax. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
About the Building
20 River Terrace is a 27-story elevator cooperative in Battery Park City, completed in 2002 and home to 293 residential units.
The closest subway is Chambers St (1, 2, 3), about a 10-minute walk. Battery Park City is roughly 1 minute away on foot.
Compiled from NYC public records and open data.
- Year Built
- 2002
- Stories
- 27
- Units
- 293
- Building Type
- Elevator Cooperative
Location & Nearby
Map
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20 RIVER Terrace 16N
Subway
- 123Chambers StAbout 10 min walk · Accessible
- 1WTC CortlandtAbout 11 min walk · Accessible
- 23ACEChambers StAbout 11 min walk · Accessible
Parks
- Battery Park CityAbout 1 min walk
- Washington Market ParkAbout 5 min walk
Public schools · Elementary schools
- P.S. 89About 3 min walk
- P.S. 234 Independence SchoolAbout 6 min walk
- P.S. 150About 17 min walk
Middle schools
- I.S. 289About 3 min walk
High schools
- Stuyvesant High SchoolAbout 4 min walk
- High School of Economics and FinanceAbout 15 min walk
Colleges & universities
- Borough of Manhattan Community CollegeAbout 7 min walk
- New York Law SchoolAbout 13 min walk
- The New York Acad of ArtAbout 14 min walk
- Metropolitan College of New YorkAbout 15 min walk
Museums
- 9/11 Memorial & MuseumAbout 11 min walk
- National September 11 Museum at WtcAbout 15 min walk
- Museum of Jewish HeritageAbout 20 min walk
- Leslie-Lohman Museum of Gay and Lesbian ArtAbout 20 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Financial District
Battery Park City is covered by our Financial District guide.
Landmark conversions and soaring new towers with sweeping harbor views in Lower Manhattan's revitalized core.
Walkability
9/10
Public transit
10/10
Schools
6/10
Dining
8/10
Groceries & parks
7/10
Schools in Financial District
Pipeline is strong due to high-income families and continued investment in new school development.
Private schools in the area include Leman Manhattan Preparatory School.
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Gallery
Property Photos
Listing Courtesy of Douglas Elliman Real Estate
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.