The Setai

40 Broad Street | Financial District

The Setai, at 40 Broad Street, is a new condo conversion located in Manhattan's Financial District, offering luxury apartments for sale. The Setai provides a Zen-like oasis where everything is available and all things are possible, from five-star dining in your home to private film screenings, rooftop sunbathing and sumptuous spa services. This New York City condominium offers its residents the true meaning of full service.

The magnificent entrance leads to a beautiful and calm lobby, while the Aarais rooftop offers breathtaking river views and features a library, comfortable seating, whirlpools as well as stunning decor. Other amenities of The Setai include a private club, spa, wine cellar, mini theater, conference center, restaurant and fitness center.

Each residence is exquisite, with floor-to-ceiling windows and Brazilian walnut floors that give the unit an open and contemporary feel. The kitchen features black granite countertops, and each unit comes with a Bosch washer/dryer.

1 Bedroom Apartments

Starting at $900,000

Floorplans A B C D E

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2 Bedroom Apartments

Starting at $1,400,000

Floorplans A B C D

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3 Bedroom Apartments

Starting at $2,200,000

Floorplans A B C D

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4 Bedroom Apartments

Starting at $3,000,000

Floorplans A B C D

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5 Bedroom Apartments

Starting at $4,250,000

Floorplans A B C D

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The Setai Info

Neighborhood

Financial District

Year Built

1986

Year Converted

2007

Number of Apartments

167

Number of Floors

Building Access

Elevator

Developer

Zamir Equities & The Setai Group

Architect

Dennison International Architects

Service Level

Full Service

Type

Post-war High-rise

Building Amenities

Building Features

Broad

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Updates

Back In Action: Setai's Weekend Open House

5/5/2012

After financial woes for the past two years, the Setai is back and ready for action with an open house this weekend for a 2 bedroom, 2.5 bath condo listed at $1,575,000.

Setai Back On The Market With Lower Prices

8/19/2011

The Setai of FiDi is now back on the market after recent loan construction troubles. Crain's New York reports prices on units have been reduced to a subtle 16%. There are approximately 40 units left since move-ins last year. Price per square foot has been reduced to $1,090 from the previous pre-recession cost at $1,300.

Reduced Debt Load May Lead To Price Cuts On Units

1/27/2011

Ziel Feldman, a developer who comes to the aid of failing projects,has been reported to reached a prospective deal with the Setai's developer, Zamir Equities for control of the project. Feldman has already reduced the debt of the development by a substantial amount. The reduce in debt may lead to major discounts of the remaining 60% of available units.

Ireland's Failing Economy Results In A Delay For Construction

11/29/2010

Ireland's Anglo Irish Bank has put the construction loan for the Setai up for sale for at $147 million dollars. The bank plans to sell more New York properties in hopes to raise money to fund new construction plans. In 2008, the Setai sold an apartment at $7.82 million exceeding records for FiDi real estate.