25 Broad Street (The Broad Exchange Building)
25 Broad Street, New York, NY 10004
Financial District
BBL 1000257502 · BIN 1000824
- Year built
- 1902
- Type
- Condominium
- Units
- 307
- Floors
- 23
- Financing
- No condominium financing cap. Purchase agreement not contingent on financing, but no restriction on a purchaser obtaining financing.
- Subletting
- Permitted; leases are subject to the Board's right of first refusal (Declaration Art. 8.1-8.5). No minimum-lease-term restriction stated.
- Tax status
- Standard NYC condominium real estate taxes; each unit separately assessed.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2019–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,164
- Listing discount
- 1.5%
- Recorded sales
- 268
- On record
- 2019–2026
25 Broad Street (The Broad Exchange Building) is the largest office building in America when built in 1902 — Clinton & Russell's Italian Renaissance Revival commission converted in 2019 to 307-308 condominium residences. NYC landmark since 2000.
It draws on the Clinton & Russell architectural pedigree — the same firm behind the Cocoa Exchange (1 Wall Street Court), the Beaver Building, 3 Hanover Square (the Cotton Exchange), the Apthorp, the Astor Apartments, the Langham, and Graham Court. The building wears its history outright as the largest office building in America when built in 1902, and that history is held under glass today: a NYC landmark designation (2000) imposes the most stringent protection on its Italian Renaissance Revival facade.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $137,163/yr
- Per unit / month range
- $0 – $37
Facade safety — Local Law 11
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.
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 →Management & transfer contacts
- Notable fees
- Working capital contribution = 2 months' common charges
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 |
|---|---|---|---|---|---|
| Jun 23, 2026 | 20O | 1 BR · 1 BA · 770 sf | $988,000 | $1,283/sf | -4.1% |
| Jun 22, 2026 | O020 | 770 sf | $988,000 | $1,283/sf | off-mkt |
| Jun 15, 2026 | 15K | 2 BR · 2 BA · 1,121 sf | $1,385,000 | $1,236/sf | -2.1% |
| Jun 15, 2026 | K015 | 1,121 sf | $1,385,000 | $1,236/sf | off-mkt |
| May 13, 2026 | O016 | 789 sf | $928,000 | $1,176/sf | off-mkt |
| May 13, 2026 | 16O | 1 BR · 1 BA · 789 sf | $928,000 | $1,176/sf | -2.3% |
| May 12, 2026 | 14N | 1 BR · 1 BA · 780 sf | $845,000 | $1,083/sf | -11.1% |
| May 4, 2026 | 17P | 1 BR · 1 BA · 855 sf | $975,000 | $1,140/sf | -1.0% |
Market read. Most recent trades (2026) cleared a median $1,164/sf across 13 sales. Median listing discount 1.5% 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 1-00025-7502) 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
The Clinton & Russell architectural pedigree is real institutional context. Same firm as the Apthorp, the Langham, Graham Court, the Cocoa Exchange, and 3 Hanover Square.
The largest-office-building-in-America-in-1902 institutional pedigree anchors architectural-history positioning.
The NYC landmark designation (2000) provides the most stringent exterior protection.
The 307-308-unit operational scale supports comprehensive amenity infrastructure.
Roebling cross-references the offering plan through the Roebling Research Library during diligence.
Comparable buildings
- 20 Pine Street (The Collection) — Armani/Casa 2007; nearby FiDi peer
- 15 Broad Street (Downtown by Starck) — Trowbridge & Livingston 1914 / Starck 2005; nearby Broad Street peer
- 1 Wall Street — Walker / Macklowe 2023; nearby FiDi trophy peer
- 1 Wall Street Court (Cocoa Exchange) — Clinton & Russell 1904; same-architect FiDi landmark peer
- 3 Hanover Square (Cotton Exchange) — Donn Barber 1922; nearby FiDi conversion peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.
Considering a move at The Broad Exchange Building?
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 The Broad Exchange 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.