- Year built
- 1988
- Type
- Condominium
- Units
- 163
- Floors
- 24
- Landmark
- No
- Pets
- Permitted under condominium rules; verify at offer stage
- Subletting
- Permitted under the condominium declaration; verify at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2008
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $611
- Recorded sales
- 23
- On record
- 2004–2008
374 Broadway — marketed for most of its life as Mandarin Plaza — is a full-service condominium that predates Tribeca's transformation into one of Manhattan's most expensive residential neighborhoods. When the Mandarin Plaza Development Group built the tower to a Daniel Pang & Associates design in the late 1980s, the stretch of Broadway above Canal Street was still widely understood as the Chinatown edge rather than the Tribeca-North loft district it is considered today. The building was, in that context, a bet: that a purpose-built, doorman-serviced residential tower could hold value on a commercial-corridor block that had almost no comparable inventory around it.
The bet has paid off through neighborhood gravity. Tribeca expanded north and east across the following three decades, absorbing the blocks around White, Franklin, and Walker Streets into its residential fabric. The converted cast-iron and masonry lofts that define most of Tribeca's for-sale market command substantial per-foot pricing; 374 Broadway sits inside that price geography while offering something most of those loft conversions do not — a true full-service building with a 24-hour doorman, a live-in superintendent, an elevator bank, and efficient, right-sized apartments at entry and mid-market price points.
That combination is the building's defining value proposition. Where the loft conversions on the surrounding blocks sell large, architecturally distinctive floor plates at premium pricing, 374 Broadway sells studios and one- and two-bedroom apartments in a serviced building with notably low carrying costs. The building is a practical entry point into a neighborhood where entry points are scarce — an option for buyers who want the Tribeca address, the subway access, and the doorman infrastructure without the loft-scale price tag.
The building's post-war construction is also a differentiator. Unlike the converted-loft inventory that dominates Tribeca, 374 Broadway is new construction from the late 1980s — a masonry tower with a red-brick facade, tall linear windows, and conventional apartment layouts rather than raw loft volumes. Buyers who prefer defined rooms, functional kitchens and baths, and the operational simplicity of a modern building over the character (and the maintenance realities) of a nineteenth-century conversion find the building a deliberate choice.
Architecture and unit composition
The 163 condominium residences occupy the tower's 24 floors. Apartments run from efficient studios in the low-400-square-foot range through one- and two-bedroom layouts; the largest homes are modest two-bedrooms rather than the sprawling full-floor lofts found in the surrounding conversions. The floor plates are laid out for practical residential living — separated rooms, standard ceiling heights, and conventional window lines rather than the deep, column-punctuated volumes of a cast-iron loft.
Daniel Pang & Associates' design is a straightforward masonry residential tower: a red-brick facade with tall, linear window openings that give the building a legible, urban presence on the Broadway corridor. The building does not carry balconies, a garage, or a sundeck; the amenity package is service-driven rather than lifestyle-driven — doorman, superintendent, laundry, storage, and a modest fitness room.
View quality varies with floor and exposure. Lower and mid-floor apartments look across the dense Broadway streetscape; higher floors capture open city sight lines to the north and west. Because the surrounding blocks are substantially built out with lower-rise commercial and loft stock, upper-floor light and view exposure at 374 Broadway has been relatively stable.
Finish levels vary apartment by apartment. As an original-1990 building, many units retain builder-grade or lightly updated kitchens and baths, while others have been renovated by individual owners over the years. Condition is therefore a unit-level question, and pricing reflects it directly.
Building operations
374 Broadway operates as a full-service condominium with a 24-hour doorman, a live-in superintendent, central laundry, and private storage. The building's defining operational feature is its low carrying cost: common charges and property taxes at the apartment level are modest by Tribeca standards — a meaningful advantage in a neighborhood where carrying costs on comparable loft inventory run substantially higher.
As a building now more than three decades into occupancy, 374 Broadway carries the ordinary capital and maintenance profile of a well-run 1990-vintage tower rather than the defect risk associated with recent supertall construction. Buyers should nonetheless review current building financials, the reserve fund, board meeting minutes, and any planned capital assessments during due diligence — the standard diligence discipline for any building of this age and scale applies here.
Local Law 97
- 2024–2029 annual penalty
- $195,152/yr
- 2030–2034 annual penalty
- $298,848/yr
- Per unit / month range
- $100 – $153
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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
374 Broadway trades as a value building within a premium neighborhood. Recent closings have clustered around the low-$1,000s per square foot — well below the pricing of the surrounding converted-loft condominiums, which routinely clear substantially higher on a per-foot basis. A representative 2025 closing was a two-bedroom that sold at roughly $960,000; studios have listed in the high-$600,000s. The building's per-foot pricing has generally tracked the broader downtown condo market rather than the loft-premium tier, which is precisely the point for its buyer pool.
The building's absolute price points — studios and one-bedrooms at entry-market levels, two-bedrooms in the seven-figure range — keep most transactions well below the mansion-tax cliff thresholds that dominate the trophy-tower market. That, combined with the low carrying costs, makes 374 Broadway one of the more accessible ways to own in Tribeca, and the building's resale activity reflects steady, liquid turnover rather than the episodic, headline-driven trades of the ultra-luxury corridors.
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 |
|---|---|---|---|---|
| Apr 25, 2008 | 10G | 600 sf | $398,000 | $663/sf |
| Dec 31, 2007 | 17A | 590 sf | $606,000 | $1,027/sf |
| Nov 1, 2007 | 21G | 600 sf | $420,000 | $700/sf |
| Sep 11, 2007 | 19C | 595 sf | $638,000 | $1,072/sf |
| Aug 16, 2007 | 11G | 820 sf | $580,000 | $707/sf |
| Jul 11, 2007 | 7E | 595 sf | $650,000 | $1,092/sf |
| Jun 22, 2007 | 9E | 595 sf | $620,000 | $1,042/sf |
| Jan 3, 2007 | 23A | 590 sf | $625,000 | $1,059/sf |
Market read. Most recent trades (2008) cleared a median $611/sf across 1 sale.
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 1-00172-7501) 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
Understand the value position. 374 Broadway is a full-service post-war condominium, not a converted loft. Buyers who want the Tribeca address, doorman service, and low carrying costs at accessible price points find the building a deliberate fit. Buyers who specifically want loft-scale volumes and cast-iron character should evaluate the surrounding conversions instead.
Condition is a unit-level question. As a 1990 building, apartments range from builder-grade to fully renovated. Underwrite the specific apartment's kitchen, baths, and systems rather than the building average.
Carrying costs are a genuine advantage. Common charges and property taxes here are modest by Tribeca standards. Model the full monthly carry (common charges + property taxes + utilities + insurance) and compare it directly against the loft alternatives.
Condo flexibility is real. 30–45 day closings; foreign buyers welcome; pied-à-terre and investment use permitted under the declaration; subletting allowed. Verify current board procedure at offer stage.
Mansion tax rarely bites here. Most apartments trade below the $1M mansion-tax threshold, but two-bedroom pricing can approach it. Run any purchase near the line through the Mansion Tax Calculator.
View the building in person. Light, view, and street exposure vary sharply by floor and line. Visit at multiple times of day.
What to know if you’re selling
Lead with the value story. The building's advantage over the surrounding loft inventory is price, service, and carrying cost. Marketing should position the apartment against the neighborhood's premium alternatives, not obscure the comparison.
Condition drives price. Renovated apartments command a clear premium over builder-grade units in the same lines. Pre-listing preparation and staging pay off directly at this price point.
Pricing requires apartment-level context. Comparable sales at 374 Broadway are meaningful but heterogeneous — floor, line, exposure, and condition all move pricing. Anchor to the right comps.
Closing timelines are condo-fast. 30–45 days from contract signing to closing.
Comparable buildings
If you're considering 374 Broadway, also evaluate:
- Nearby Tribeca full-service condominiums — post-war and converted buildings on the northern Broadway corridor offering doorman service at accessible price points
- Tribeca loft conversions — cast-iron and masonry conversions offering loft-scale volumes at premium per-foot pricing; a different product and price tier
- 130 William Street — Adjaye Associates 2022; a new-development condominium in the neighboring Financial District for buyers weighing downtown alternatives at a higher price point
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
Considering a move at Mandarin Plaza?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
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A Private Pricing Opinion — what your apartment at Mandarin Plaza 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.