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The American Tract Society Building, 150 Nassau Street, New York, NY 10038, Manhattan — Condominium, 1894

The American Tract Society Building

150 Nassau Street, New York, NY 10038

Financial District

BBL 1001007501 · BIN 1087756

At a glance
Year built
1894
Type
Condominium
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,130
Listing discount
1.7%
Recorded sales
192
On record
2003–2026
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The American Tract Society Building 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.

The American Tract Society Building is a genuine piece of skyscraper history. Completed in 1895 to designs by R. H. Robertson, it was one of the first buildings in New York raised on a steel skeleton — and among the tallest in the city when it opened — rising 23 stories opposite City Hall Park at the corner of Nassau and Spruce Streets. Its Romanesque and Renaissance Revival facade, with arched windows and richly modeled masonry, marks it as a survivor from the moment the modern tall building was being invented.

In 2002 the building was converted to luxury condominiums, turning a landmark commercial tower into one of the Financial District's most characterful residential addresses. The conversion came as Lower Manhattan was reinventing itself as a residential neighborhood, and 150 Nassau offered something the new glass towers could not: real age, real architecture, and loft-scale homes inside a building that helped define the New York skyline.

For buyers, the appeal is the combination of landmark architecture and condominium flexibility, in a location that puts City Hall Park, the Brooklyn Bridge, the Seaport, and the entire Lower Manhattan transit network within a few minutes' walk.

Building operations

150 Nassau runs as a full-service condominium with an attended lobby, a fitness center, and residential services appropriate to a building of its scale. The full-service operation, paired with the building's architecture, distinguishes it from both the area's office-to-rental conversions and its newer towers.

As a condominium, the building offers full ownership flexibility: financing is not capped the way it is at co-ops, and pied-à-terre, trust, LLC, and investor purchases are customary. That flexibility, in a landmark building at a fraction of uptown trophy pricing, is central to the Financial District's value proposition — and to this building's in particular.

Architecture and residences

The exterior is the building's signature: a steel-framed early skyscraper clad in Romanesque and Renaissance Revival masonry, with arched openings, ornamental detail, and the verticality that announced a new building type. It remains one of the most recognizable older towers on the Lower Manhattan skyline.

The 125 residences range from studios to expansive loft-like apartments, taking advantage of the deep floor plates, high ceilings, and large windows of the original commercial structure. The conversion preserved the building's character while introducing contemporary kitchens, baths, and systems — the loft-and-history pairing that draws buyers who want a downtown home with a story rather than a stack of glass.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$39,244/yr
2030–2034 annual penalty
$174,368/yr
Per unit / month range
$26 – $116

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

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
Assessed · 2005–10 to 2020–25
$178,600 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.
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).

Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.

See the full facade history →

Management & transfer contacts

Managing agent
Notable fees
Closing fee $500; move-in fee $1,000; move-out fee $1,000; credit check $175 per person
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

Recent sales

Recent closings 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.

DateUnitApartmentPricePPSFvs. Ask
Jun 26, 202611A
3 BR · 2.5 BA · 1,793 sf
$1,950,000$1,088/sfoff-mkt
Jan 9, 20263H
1 BR · 1 BA · 758 sf
$870,000$1,148/sf-2.8%
Jul 31, 20254F
1 BR · 1 BA · 700 sf
$825,000$1,179/sf-4.0%
Jul 17, 202517B
3 BR · 3.5 BA · 2,353 sf
$2,885,000$1,226/sf-3.8%
Oct 1, 202411D
2 BR · 2 BA · 1,307 sf
$1,500,000$1,148/sf-2.3%
Aug 5, 20248D
1 BR · 1 BA · 683 sf
$860,000$1,259/sf-1.7%
Sep 29, 20233H
1 BR · 1 BA · 758 sf
$849,000$1,120/sf+0.0%
Sep 13, 20234H
1 BR · 1 BA · 766 sf
$785,000$1,025/sf-7.5%

Market read. Most recent trades (2026) cleared a median $1,130/sf across 2 sales. Median listing discount 1.7% 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.

6J · 311 sf+104%
$245,000 ($788/sf) 2004$500,000 ($1,608/sf) 2022
6C · 650 sf+96%
$395,460 ($608/sf) 2003$670,000 ($1,031/sf) 2007$650,000 ($1,005/sf) 2012$775,000 ($1,192/sf) 2022
12C · 1,793 sf+95%
$1,350,000 ($753/sf) 2004$2,635,000 ($1,470/sf) 2017
6K · 496 sf+91%
$350,000 ($706/sf) 2004$538,000 ($1,085/sf) 2007$669,000 ($1,349/sf) 2018
20B · 2,300 sf+82%
$1,985,587 ($840/sf) 2004$3,605,000 ($1,567/sf) 2019
View all 192 recorded sales, sortable

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 1-00100-7501) 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 from recorded condo declarations and offering plans.

What to know if you’re buying

Architecture and value are the draw. A landmark early skyscraper with loft-scale homes, opposite City Hall Park, at Financial District pricing is a combination that rewards buyers who want character and space per dollar. Confirm the specific layout, ceiling height, and exposure of any unit; the range from studio to large loft is wide, and light varies sharply by floor and orientation in an older tower.

The condominium structure gives the flexibility downtown buyers want — financing latitude, lighter board review, and the ability to buy in an LLC or trust or hold as a pied-à-terre. With 125 units in a converted historic building, review the financials, reserves, and the status of any ongoing facade or systems work, as is prudent in any older structure.

Location is a quiet strength: City Hall Park, the Brooklyn Bridge, the Seaport, and a dense transit hub are all within a short walk. We help buyers benchmark the price against the surrounding FiDi stock and read the building's financials before committing.

What to know if you’re selling

Lead with the building's history and the home's scale. "One of New York's first steel-frame skyscrapers, opposite City Hall Park" is a marketable story the area's glass towers cannot tell — position the home on architecture, loft proportions, and any park or skyline outlook.

Benchmark to character-driven FiDi conversions and full-service condominiums, not the newest glass product, which competes on different terms. Closing clears through condominium mechanics and a right-of-first-refusal rather than a co-op board — a faster, more predictable path.

Larger lofts and high-floor, park-facing homes sell on space and view; smaller and lower units sell on value, light, and presentation. Position each home on its strongest specific attribute and price it against the right slice of the FiDi market.

Comparable buildings

If you're considering 150 Nassau Street, also evaluate nearby Financial District inventory:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.

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 The American Tract Society Building?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com