Condominium · 1930
Tribeca Space
25 Murray Street, New York, NY 10007
Buildings·Condominium

25 Murray Street

25 Murray Street, New York, NY 10007

At a glance
Year built
1930
Type
Condominium
The Data Room

Every recorded sale at this building, 2008–2026

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

Median $/sf
$1,211
Listing discount
2.2%
Recorded sales
122
On record
2008–2026

Tribeca Space is a true loft conversion in the part of Tribeca that hands you the rest of Lower Manhattan. The building began life in 1930 as a commercial structure and was reimagined in 2005 as a full-service residential condominium of roughly 74 homes — the kind of project that gave southern Tribeca its modern residential character while keeping the bones, scale, and light of a pre-war loft building.

The appeal is the trade it offers: authentic loft living — high ceilings, exposed brick, oversized windows, open volumes — with the systems, staffing, and amenity package of a contemporary condominium. That is a harder combination to find than it sounds. Many of Tribeca's lofts are co-ops with limited services or boutique condos with no amenities to speak of; Tribeca Space delivers the loft and the full-service building at once.

Location seals it. Murray Street sits at the seam where Tribeca meets the Financial District and City Hall — minutes from the Brookfield Place and Westfield World Trade Center shopping, the Hudson River esplanade and Battery Park City green space, and one of the densest transit clusters in the city. The Chambers Street and Park Place stations put nearly every line within a short walk, and the neighborhood's restaurant row is immediately to the north.

Architecture and unit composition

The building's pre-war frame is the foundation of its character. The 2005 conversion preserved the loft proportions — generous ceiling heights, deep floor plates, and the big industrial windows that flood the homes with light — while inserting modern kitchens, baths, and building systems behind a restored masonry façade. The arrival sequence is deliberate: a dramatic double-height lobby that signals the loft scale before you reach the elevator.

The roughly 74 residences range from one- to four-bedroom layouts, many with exposed brick, open city outlooks, and the flexible open volumes that loft buyers prize. The mix runs from efficient one-bedrooms to family-scaled homes, giving the building a genuine range of buyers rather than a single profile.

Building operations

Tribeca Space is a full-service condominium. A full-time doorman staffs the attended lobby and a resident superintendent manages the property. The amenity program is unusually complete for a building this size: a fitness center, sauna and steam room, a children's playroom, a billiards lounge, a bike room, private storage, and a landscaped roof deck with grills and panoramic outlooks over Lower Manhattan.

The building's rules reflect its condominium structure. Pets are welcome, and washer/dryers are permitted in residences with approval — a practical detail that matters to loft buyers. As a condominium, purchases clear through a right-of-first-refusal rather than a co-op board process, with the financing latitude and ownership flexibility condos provide: pied-à-terre, investment, and trust or entity purchases are all customary here.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$79,464/yr
Per unit / month range
$0 – $96
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

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.

Inspection history
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
On record
$42,200 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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.

DateUnitApartmentPricePPSFvs. Ask
Feb 6, 20268F
2 BR · 2 BA · 1,385 sf
$1,800,000$1,300/sf-5.0%
Jul 24, 20259A
3 BR · 3 BA · 1,975 sf
$2,200,000$1,114/sf-6.4%
Jul 24, 20258A
3 BR · 3 BA · 1,956 sf
$2,200,000$1,125/sfoff-mkt
Dec 10, 20244A
2 BR · 2 BA · 1,560 sf
$1,775,000$1,138/sf-11.0%
Jun 26, 20243C
2 BR · 2 BA · 1,911 sf
$2,180,000$1,141/sf-12.6%
Dec 6, 2023PH10B
3 BR · 2,021 sf
$1,500,000$742/sfoff-mkt
Nov 1, 20232K
2 BR · 2 BA · 1,395 sf
$1,625,000$1,165/sf-4.1%
Apr 7, 20236J
3 BR · 3 BA · 2,128 sf
$2,400,000$1,128/sf-17.2%

Market read. Most recent trades (2026) cleared a median $1,211/sf across 1 sale. Median listing discount 2.2% 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.

8B · 1,493 sf+91%
$1,313,543 ($880/sf) 2008$2,510,000 ($1,681/sf) 2022
2H · 1,806 sf+60%
$1,807,394 ($1,001/sf) 2012$2,900,000 ($1,606/sf) 2022
7D · 1,275 sf+57%
$1,654,656 ($1,298/sf) 2011$2,600,000 ($2,039/sf) 2016
2C · 1,911 sf+57%
$1,563,014 ($818/sf) 2010$2,450,000 ($1,282/sf) 2014
6A · 1,557 sf+47%
$1,517,193 ($974/sf) 2008$2,230,000 ($1,432/sf) 2016

Other recent transfers

DateUnitPrice
May 12, 20179C$1,250,000
View all 122 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 1-00134-7505) 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

Buy the combination. The reason to own here is the pairing of authentic loft space with a full amenity package and 24-hour staffing — a profile that commands a premium because it is genuinely scarce in southern Tribeca. Confirm the line's ceiling height, window exposure, and whether it carries the exposed-brick character and open volume that define the building's best homes.

Lean on the condominium structure. Financing is flexible, the approval path is light, and pied-à-terre and investment purchases are permitted — meaningful advantages over the loft co-ops nearby. For buyers who want a Tribeca loft without a board, this is a natural fit.

Weigh location precisely. Southern Tribeca trades convenience and transit density for the quieter cobblestoned blocks farther north; the payoff is being a short walk from the waterfront, the World Trade Center retail, and nearly every subway line.

What to know if you’re selling

Market the loft and the service together. The full-service amenity suite — fitness, roof deck, playroom, doorman — is what sets a resale here apart from the bare-bones loft co-ops in the area, and the loft character is what sets it apart from amenity-rich glass condos. Lead with both.

Benchmark to full-service Tribeca and Lower Manhattan condominiums. The condo structure, the conversion vintage, and the amenity package place a resale here against modern doorman condos, not against pre-war co-op lofts. Homes that retain strong loft character and good light are the ones that outperform.

Presentation carries weight in a loft building, where buyers respond to volume, light, and finish. A well-staged apartment that showcases ceiling height and the big windows will stand out — particularly given the limited comparable inventory inside a building of this size.

Comparable buildings

If you're considering Tribeca Space, these nearby Lower Manhattan buildings are worth a look:

The Roebling Team at Tribeca Space

The Roebling Team at Compass specializes in Tribeca, the Financial District, and the Lower Manhattan loft-and-condo market. We publish this profile because buyers and sellers evaluating a loft conversion deserve building-specific intelligence — what survived the conversion, how the amenities and rules actually work, and where the pricing sits against the rest of Downtown.

If you're weighing a purchase or sale at Tribeca Space, a focused consultation is the right starting point.

Considering a move at Tribeca Space?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com