The American Tract Society Building
150 Nassau Street, New York, NY 10038
BBL 1001007501 · BIN 1087756
- Year built
- 1894
- Type
- Condominium
- Landmark status
- Individual landmark; not in a historic district
- NYC Landmarks Preservation Commission records, updated February 2026
- Doorman
- Full-time doorman
The American Tract Society Building sales history: 192 recorded sales
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, 2026 to date
- $1,128
- floor-adjusted, 3 sales
- Listing discount
- 1.7%
- Recorded sales
- 192
- On record
- 2003–2026
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, there is no co-op board admission; confirm financing, leasing and ownership-entity rules in the current declaration, bylaws and house rules. Compare the condominium’s dated sales with matched Financial District and uptown alternatives before asserting a price advantage; tenure and architectural history alone do not establish one.
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.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Credit Check Fee | Paid by Buyer | When With the application | Amount $175 per prospective purchaser, guarantor, and adult resident | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
| Move-Out Fee | Paid by Seller | When With the application | Amount $1,000 | Refundable Non-refundable |
| Closing Fee | Paid by Buyer | When At closing | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $1000 Personal check provided to Jimmy at the front desk for the deposit at the time of the move in. The check should be made payable to 150 Nassau Condominium. | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When With the application | Amount $1,000 Personal check to be provided to Jimmy at the front desk for the deposit at the time of the move out. The check should be made payable to 150 Nassau Condominium. | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Fee | Paid by Landlord | When With the application | Amount $1,000 | Refundable Not stated |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $400 | Refundable Non-refundable |
| Background Report Fee | Paid by Tenant | When With the application | Amount $175 per prospective purchaser, guarantor, and adult resident | Refundable Not stated |
| Move In Fee | Paid by Tenant | When With the application | Amount $1,000 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $1,000 Personal check to be provided to Jimmy at the front desk for the deposit at the time of the move out. The check should be made payable to 150 Nassau Condominium. | Refundable Refundable |
| Move-In Deposit | Paid by Tenant | When With the application | Amount $1000 Personal check provided to Jimmy at the front desk for the deposit at the time of the move in. The check should be made payable to 150 Nassau Condominium. | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Processing Fee | Paid by Landlord | When With the application | Amount $300 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $579 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.36 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.20 per square foot a monthMedian of 11 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.14 per square foot a monthMedian of 11 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $39,244/yr
- 2030–2034 annual penalty
- $210,840/yr
- Per unit / month range
- $26 – $141
- Modeled exposure split equally across 125 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs 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 data last refreshed October 2026.
Management & transfer contacts
- Policies and fees
- Closing fee $500; move-in fee $1,000; move-out fee $1,000; credit check $175 per person
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 |
|---|---|---|---|---|---|
| Sep 4, 2026 | 7A | 1 BR · 1 BA · 668 sf | $643,000 | $963/sf | -14.2% |
| Jun 26, 2026 | 11A | 3 BR · 2.5 BA · 1,793 sf | $1,950,000 | $1,088/sf | — |
| 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 | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,128/sf (floor-adjusted) across 3 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. 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.
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; 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.
Closed rents at The American Tract Society Building, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 4 | $3,122 |
| 1 bedroom | 5 | $4,250 |
| 3 bedroom | 2 | $11,250 |
12 closed leases, October 2023 to September 2026. Most recent lease June 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The American Tract Society Building and nearby.
At the recent median sale of $1.41M (6 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $60,715 to close, or 4.3% of the price.
- Mansion tax: $14,100
- Mortgage recording tax: $20,357
- Title insurance: $6,345
- Attorneys, lender, building fees, reserves and filings: $19,914
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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 means no co-op board admission; confirm financing, LLC or trust ownership, and pied-à-terre rules in the declaration, bylaws and house rules. 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.
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 nearby Financial District building; verify tenure and services
More Financial District buildings
- 130 Water Street (Seaport South) — 1955 condominium
- 130 William Street — condominium by Adjaye Associates
- 140 Nassau Street (The Morse Building) — 1878 co-op
- 161 Maiden Lane — condominium by Hill West Architects
- 176 Broadway — 1927 co-op
- 264 Water Street — 1885 condominium
The neighborhood
For the full corridor — architecture, 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.
646.939.7375 · c.cohen@compass.com