- Year built
- 1894
- Type
- Condominium
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
- $1,161
- Listing discount
- 3.3%
- Recorded sales
- 166
- On record
- 2003–2026
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.
Local Law 97
- 2024–2029 annual penalty
- $39,244/yr
- 2030–2034 annual penalty
- $174,368/yr
- Per unit / month range
- $26 – $116
Facade safety — Local Law 11
Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.
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.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 9, 2026 | 3H | 1 BR · 1 BA · 758 sf | $870,000 | $1,148/sf | -2.8% |
| Jul 31, 2025 | 4F | 1 BR · 1 BA · 700 sf | $825,000 | $1,179/sf | -4.0% |
| Jul 17, 2025 | 17B | 3 BR · 3.5 BA · 2,353 sf | $2,885,000 | $1,226/sf | -3.8% |
| Oct 1, 2024 | 11D | 2 BR · 2 BA · 1,307 sf | $1,500,000 | $1,148/sf | -2.3% |
| Aug 5, 2024 | 8D | 1 BR · 1 BA · 683 sf | $860,000 | $1,259/sf | -1.7% |
| Sep 29, 2023 | 3H | 1 BR · 1 BA · 758 sf | $849,000 | $1,120/sf | off-mkt |
| Sep 13, 2023 | 4H | 1 BR · 1 BA · 766 sf | $785,000 | $1,025/sf | -7.5% |
| Dec 19, 2022 | 15B | 3 BR · 3.5 BA · 2,353 sf | $2,800,000 | $1,190/sf | -19.9% |
Market read. Most recent trades (2026) cleared a median $1,161/sf across 1 sale. Median listing discount 3.3% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jan 28, 2004 | 3E | $535,000 |
| Dec 19, 2003 | 17B | $1,800,000 |
| Oct 20, 2003 | 7E | $595,000 |
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:
- 1 Wall Street — a landmark Art Deco office-to-condominium conversion
- 20 Pine Street — a converted bank tower condominium
- 25 Broad Street — a pre-war FiDi condominium conversion
- 90 John Street — a full-service FiDi condominium nearby
The Roebling Team at The American Tract Society Building
The Roebling Team at Compass specializes in the Financial District and Lower Manhattan condominium market. We publish this profile because buyers and sellers evaluating a landmark conversion deserve building-specific intelligence — how an early-skyscraper building lives, which homes hold value, and where the pricing sits against the surrounding FiDi stock.
If you're considering a purchase or sale at 150 Nassau Street, a 30-minute consultation is the right starting point.
Get the full picture on this building.
Current availability including off-market, the full comp set, and the board & financials read most listings don't show.