- Year built
- 1885
- Type
- Condominium
- Floors
- 6
- Amenities
- Elevator
- Landmark status
- Not an individual landmark; in the Tribeca South Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
Every recorded sale at this building, 2004–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,670
- 1 sale
- Listing discount
- 2.3%
- Recorded sales
- 11
- On record
- 2004–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 109 Reade 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.
About the building
Berger & Baylies designed 109 Reade Street in 1885 for the estate of Richard Ray, with packing-box dealer Patrick Ryan leasing the new store-and-loft building. The 25-foot brick façade has three window bays, stone trim and surviving cast-iron storefront elements. Segmental window arches and geometric detailing identify the neo-Grec design. The property became a residential condominium with a commercial ground floor in 1987, five years before the historic district designation.
The residences use the former loft floor plates, with typical full-floor homes around 1,500 square feet and a later upper-level enlargement. An alteration designed by James Harb added a mezzanine to the top loft; DOB signed off that work in May 2017. The building has an elevator. Its street frontage remains part of the historic loft block, while the upper residence reflects later changes above the original commercial structure.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent closings at this building, from The Roebling Research Library. 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 |
|---|---|---|---|---|---|
| Jan 30, 2025 | G | 1,377 sf | $2,300,000 | $1,670/sf | — |
| Apr 1, 2019 | 2 | 2 BR · 2 BA · 1,500 sf | $2,350,000 | $1,567/sf | -1.9% |
| Nov 21, 2013 | 4 | 3 BR · 2 BA · 1,500 sf | $1,950,000 | $1,300/sf | -2.3% |
| Feb 8, 2011 | E | 1,321 sf | $1,400,000 | $1,060/sf | — |
| Jul 13, 2010 | 5 | 2 BR · 1,500 sf | $1,350,000 | $900/sf | -9.7% |
| Sep 4, 2009 | 6 | 2 BR · 1,100 sf | $1,100,000 | $1,000/sf | -7.9% |
| Nov 21, 2008 | F | 1,321 sf | $1,695,000 | $1,283/sf | — |
| Mar 30, 2007 | F | 1,321 sf | $1,500,000 | $1,136/sf | — |
Market read. Most recent trades (2025) cleared a median $1,670/sf (recorded) across 1 sale. Median listing discount 2.3% 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 1-00145-7503; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 109 Reade Street and its market
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What to know if you’re buying
The top loft includes a documented later enlargement. Its mezzanine changes the usable layout within a building whose other residences occupy older floor plates. For the association, elevator and exterior restoration costs are shared across only five residential interests and the commercial component; common-interest percentages determine each owner’s contribution.
Comparable buildings
- 22 Warren Street — another five-residence Tribeca loft condominium.
- 66 Reade Street — a six-residence conversion of an earlier Samuel A. Warner commercial building.
- 92 Chambers Street — a four-residence condominium formed from historic loft space.
More Tribeca buildings
- 105 Chambers Street (The Cary Building) — 1856 condominium
- 108 Duane Street — 1855 condominium
- 108 Leonard Street (The Clock Tower) — 1894 condominium
- 111 Murray Street — 2018 condominium by Kohn Pedersen Fox (KPF)
- 112 Hudson Street — 1886 condominium
- 116 Hudson Street — condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 109 Reade Street?
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646.939.7375 · c.cohen@compass.com