25 Broad Street (The Broad Exchange Building)
25 Broad Street, New York, NY 10004
- 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 building documents and current market data. Board policies can change by amendment — confirm at the offer stage. As of 2026.
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,126
- Listing discount
- 2.3%
- Recorded sales
- 242
- On record
- 2006–2026
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
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 |
|---|---|---|---|---|---|
| May 13, 2026 | 16O | 1 BR · 1 BA · 789 sf | $928,000 | $1,176/sf | -2.3% |
| May 13, 2026 | O016 | 789 sf | $928,000 | $1,176/sf | off-mkt |
| May 27, 2026 | N014 | 1 BR · 1 BA · 780 sf | $845,000 | $1,083/sf | -11.1% |
| May 8, 2026 | P017 | 1 BR · 1 BA · 855 sf | $975,000 | $1,140/sf | -1.0% |
| May 18, 2026 | J020 | 2 BR · 2 BA · 1,186 sf | $1,490,000 | $1,256/sf | -3.2% |
| May 6, 2026 | K010 | 1 BR · 1 BA · 779 sf | $820,000 | $1,053/sf | -0.6% |
| Mar 25, 2026 | R014 | 1 BA · 800 sf | $925,000 | $1,156/sf | -0.5% |
| Mar 19, 2026 | J019 | 2 BA · 1,183 sf | $1,485,000 | $1,255/sf | -2.3% |
Market read. Most recent trades (2026) cleared a median $1,126/sf across 2 sales. 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jan 15, 2025 | COM B | $1,150,136 |
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
The Roebling Team at The Broad Exchange Building
Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com
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.
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