- Year built
- 1915
- Type
- Cooperative
- Units
- 10
- Floors
- 10
- Landmark
- No
Every recorded sale at this building, 2003–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,583
- Listing discount
- 2.5%
- Recorded sales
- 17
- On record
- 2003–2025
Hudson Street begins here. The building stands at the northwest corner of Chambers and Hudson, on an irregular corner lot of about 2,380 square feet, and it is the reason the address exists at all — 1 Hudson Street is the first number on the street. It went up in 1915 as a commercial loft building, in the years when this end of Tribeca was warehouse and light-manufacturing territory serving the Hudson River piers and the Washington Market, and it was converted to cooperative apartments in the late 1970s, in the first wave of Tribeca loft conversions.
What distinguishes it structurally is density. Ten residential floors, roughly 22,750 square feet of residential area, and ten apartments — which means one apartment per floor. Recorded share transfers in ACRIS carry floor numbers rather than line letters, confirming the full-floor plan. A full-floor loft with a corner exposure at the head of Hudson Street is a specific and scarce product in Tribeca, and it is the building's entire proposition: no amenity program, no service package, no marketing name, just ten large plates with light on more than one side.
The building is also, unusually for a Tribeca loft of this vintage, not landmarked. Tribeca is heavily districted — four historic districts plus an extension cover much of the neighborhood — and buyers reasonably assume any 1915 loft building here is inside one. This lot is not. LPC's building database has no record for it or for anything else on Manhattan Block 140, and PLUTO's historic-district field for the lot is empty while it correctly populates for landmarked neighbors. The practical consequence is real: window replacement, storefront work, rooftop mechanical equipment and facade repairs at 1 Hudson Street do not require a Certificate of Appropriateness or any other LPC permit. For a shareholder planning a renovation, that removes an approval layer, a cost line and several months from the schedule.
The offsetting structural fact is zoning. The building carries a built floor area ratio of roughly 10.7 against a residential FAR of 7.52 under its C6-3A zoning within the Special Tribeca Mixed Use District. It is grandfathered non-complying bulk — a building that could not be replicated on its own lot today. That protects the existing envelope and forecloses any expansion of it.
Architecture and unit composition
A ten-story masonry loft building of 1915, on a corner lot with an angled, irregular footprint that the plans follow — the residences are described in market records as angular, which is a function of the lot line rather than a design gesture. The elevation is light-colored brick with rusticated treatment at the base; fire escapes and a rooftop water tank remain in place. A cornice was replaced during the 2002 facade restoration after the original roof cornice structure was removed.
Above a ground-floor commercial space of roughly 2,720 square feet, ten full-floor residences average something over 2,200 square feet of gross residential area apiece. Recorded transfers include floors three through ten and a penthouse. The 2003 filing extending the public stair to the penthouse roof, with a new stair bulkhead, indicates roof access was formalized at that time — whether it is a common roof deck or private is not established in public records and should be confirmed.
Full-floor ownership in a small building carries its own set of questions. Establish whether the elevator opens directly into the apartment, how many exposures each floor has, where the required second means of egress runs, and what the corporation's rules are on floor-through alterations. In a ten-unit building these are answered by the house rules and the alteration agreement, not by the listing.
Ownership structure — what you are actually buying
This is a cooperative. You are buying shares in West Chamson Corp. together with a proprietary lease to a specific floor. ACRIS confirms the structure at the transaction level: unit transfers in this building record as property type SP — single residential coop unit share transfers rather than as deeds, across every recorded residential transaction on the lot.
In a ten-unit corporation the ordinary consequences of that form are amplified. The board approves every purchaser after a package and an interview, and with ten shareholders the process is personal rather than procedural. The corporation's underlying mortgage sits ahead of any shareholder loan. Building expense is apportioned by share allocation, so a single capital event, a vacancy in the commercial space, or a single non-paying shareholder moves the maintenance line materially. There is no scale to absorb a surprise.
Building operations and capital posture
The record shows an envelope that has been maintained rather than deferred. Sidewalk sheds were filed in 2001 and again in 2002; a facade restoration with cornice replacement was filed in 2002; the public stair was extended to the penthouse roof with associated sprinkler and standpipe work in 2003. Interior mechanical work has been filed periodically since, including apartment-level renovations and HVAC installations.
The financial picture is thinner and more urgent. ACRIS shows the corporation's first lien consolidated to $2.2 million in 2004 and to $2.5 million in December 2013, with nothing recorded since — no satisfaction, no new mortgage, no assignment. A cooperative underlying mortgage from 2013 is well seasoned; most such facilities are written on ten-year terms. Whether the loan has matured, been extended, or is currently being refinanced is not in the public record, and a buyer should not assume. Ask for the current balance, the rate, the maturity date, the reserve position and any planned capital program, and have your attorney review the most recent audited financial statement before signing.
Policy framework
Nothing in the policy stack is published for this building. There is no public source for the financing ceiling, the minimum down payment, post-closing liquidity expectations, sublet policy, flip tax, pied-à-terre treatment, or the board's posture on trusts and limited liability companies. Small Tribeca loft cooperatives vary widely on every one of those terms, and several of them — financing ceiling and post-closing liquidity in particular — determine whether a buyer can transact at all.
Obtain the offering plan, the proprietary lease, the by-laws, the house rules and the current financial statement from the managing agent, and confirm each term before making an offer rather than after.
There is no landmark layer. Unlike most Tribeca loft buildings, exterior work here requires no LPC permit. Renovation approvals run through the corporation and DOB only.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $9,591/yr
- Per unit / month range
- $0 – $80
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
1 Hudson Street trades as Tribeca full-floor loft cooperative product: whole floors, corner light, prewar loft proportions, share ownership, a board, and no services. Recent activity has centered in the mid-$3 million range. That is a price band shared with Tribeca's boutique loft condominiums, and the comparison is the one buyers actually run — a full floor in a ten-unit co-op against a partial floor in a serviced condominium at similar money. The trade is space and privacy against liquidity, flexibility and staffing. Condition and layout drive value within the building; there is no amenity premium to price. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 19, 2025 | PH | 3 BR · 3.5 BA · 3,000 sf | $4,750,000 | $1,583/sf | -4.9% |
| Nov 29, 2023 | 5 | 3 BR · 2 BA · 2,000 sf | $2,825,000 | $1,413/sf | -5.8% |
| Jun 29, 2021 | 8 | 3 BR · 2 BA · 2,000 sf | $3,450,000 | $1,725/sf | -8.0% |
| May 19, 2014 | 3 | 3 BR | $3,130,000 | +4.5% | |
| Jul 11, 2013 | 8 | 3 BR · 2,000 sf | $2,430,000 | $1,215/sf | +10.6% |
| Jun 11, 2010 | 4 | 3 BR · 2,000 sf | $2,200,000 | $1,100/sf | +10.0% |
| Aug 6, 2008 | 6 | 2 BR · 1,900 sf | $2,437,500 | $1,283/sf | -2.5% |
| Jul 10, 2008 | 10 | 3 BR | $2,525,000 | -9.8% |
Market read. Most recent trades (2025) cleared a median $1,583/sf across 1 sale. Median listing discount 2.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00140-0001) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
Give your attorney the BBL, not the address. Title, tax and assessment records return 139 Chambers Street; ACRIS instruments carry 139 and 141 Chambers Street as well as 1 Hudson Street. The parcel is 1-00140-0001.
Underwrite the underlying mortgage as your first question. A $2.5 million first lien recorded in December 2013 with nothing since is the most important open item on this building. Balance, rate, maturity, refinancing status — get all four in writing.
Do not assume the landmark constraint. Buyers frequently price Tribeca renovation with an LPC line item. This lot has none. That is a genuine cost and schedule advantage, and it is worth verifying for yourself against LPC's records so you can act on it.
Assume the board is a real gate. Ten shareholders, no published financing ceiling, no published liquidity standard. Prepare a complete package with verified reserves and be ready for an interview. Run the Co-op Board Qualification Calculator before offering.
Ask about the commercial space and the roof. A 2,720-square-foot ground-floor commercial unit in an eleven-unit corporation is a meaningful share of the building. Establish who owns it, what it contributes, and whether the penthouse roof access created in 2003 is common or private.
What to know if you’re selling
Lead with the full floor. Ten apartments, one per floor, corner exposures, at the head of Hudson Street. That is a short list of comparable product in Tribeca and it should be the first line of the marketing.
Get ahead of the mortgage question. A well-informed buyer's attorney will find the 2013 recording. Having the board's current answer ready — balance, maturity, refinancing plan — prevents a mid-deal re-trade.
Use the absence of landmark status. Buyers cross-shopping landmarked Tribeca lofts are pricing LPC approvals into their renovation budgets. Point out, accurately, that this building does not carry that layer.
Assemble the documents before listing. In a building where no policy is published, the seller who hands over the plan, lease, by-laws, house rules and audited financials on day one shortens the transaction materially.
Comparable buildings
If you're considering 1 Hudson Street, also evaluate:
- 100 Hudson Street — the Franklin-Hudson Building; Tribeca loft cooperative at larger scale
- 55 Hudson Street — Tribeca loft cooperative a few blocks north on the same street
- 16 Hudson Street — small Tribeca cooperative on the same corridor
- 47 Hudson Street — boutique Tribeca loft cooperative
- 134 Duane Street — Tribeca loft cooperative with full-floor plans
- 87 Chambers Street — loft building on the same street; the condominium alternative
- 157 Chambers Street — Chambers Street loft condominium two blocks west
- 311 Greenwich Street — loft condominium on the same tax block
- 101 Warren Street — full-service Tribeca condominium; the amenity alternative at a higher carry
- 25 North Moore Street — boutique Tribeca loft condominium in the same price conversation
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.
Considering a move at 1 Hudson Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1 Hudson Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.