44 Laight Street (The Grabler Building)
44 Laight Street, New York, NY 10013
BBL 1002207503 · BIN 1086557
- Year built
- 1896
- Type
- Condominium
- Units
- 18
- Floors
- 8
- Landmark status
- Not an individual landmark; in the Tribeca North Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Maximum financing
- 100% of the purchase price
- Doorman
- Doorman (hours not stated)
Every recorded sale at this building, 2004–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,716
- floor-adjusted, 2 sales
- Listing discount
- 3.3%
- Recorded sales
- 45
- On record
- 2004–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Grabler 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 Grabler Building is Tribeca North's signature loft conversion: an 1896 Renaissance Revival warehouse designed by Clinton & Russell — the firm behind the Apthorp — and developed by the firm's own principal, William H. Russell, as a speculative warehouse on the blocks where Tribeca's storage economy clustered. The Landmarks Preservation Commission's designation report documents the building's working life in full: leased to bonded-warehouse operators in its first decades, then home to the Grabler Manufacturing Company, whose pipe-fittings business left the painted signage that still names the building. In a district designated precisely for that warehouse character, 44 Laight wears its provenance on its facade.
The conversion is the other half of the thesis. Joseph Pell Lombardi — the preservation architect responsible for a long roster of downtown loft conversions — took the 75,000-square-foot building residential in the early 2000s, conserving the brown-brick-and-limestone envelope while adding a setback penthouse level and an in-building garage, both with Landmarks and City Planning approval. The result is the configuration Tribeca loft buyers actually want and rarely get in an 18-unit boutique building: authentic 1890s fabric (arched windows, cast-iron columns, deep floor plates), modern building systems, parking under the roof, and an attended lobby per brokerage records.
Position matters here too. The building fronts the open traffic square at the former St. John's Park, two short blocks from Hudson River Park and Pier 25. The square currently gives the south-facing lines open light and sky across a full block, though no view is protected without a recorded instrument, and it places the Holland Tunnel approach within the daily soundscape. That trade is the corridor's defining underwriting question, and buildings on this stretch price it efficiently.
Architecture and unit composition
The LPC report describes the facade in detail worth repeating: a 96-foot-wide Renaissance Revival front in brown brick trimmed with limestone, a two-story base defined by round-arched second-story windows beneath a dentiled brick band, a segmental-arched midsection retaining iron fireproof shutters, and an attic story of round-arched windows under brick moldings. The loading platform and sheet-metal awning — suspended on wrought-iron eyebars from decorative plates — survive at the base, and the street retains its Belgian-block paving. The building went up in two sections with a dividing partition wall, a construction history that still organizes the floor plates.
The 18 residences are large lofts in the classic Tribeca format: two- and three-bedroom layouts with arched window walls, interior columns, and deep proportions, topped by the conversion's setback penthouses, which carry multiple exposures and private terrace space of over 1,400 square feet on select units per listing records. The profile records roughly two to three units per floor and more than 60,000 square feet of aggregate residential area across 18 apartments. Dividing that area by the unit count does not establish interior apartment sizes; use the offering-plan schedule and measured floor plans for a specific residence.
Building operations
The building operates as a full-service boutique condominium by Tribeca standards: attended lobby per brokerage records, the on-site garage from the conversion, and in-unit laundry throughout the residences per listing records. Common charges support a small staff rather than an amenity floor — there is no pool or fitness program documented, and buyers comparing against Tribeca's amenity-rich newer condos (443 Greenwich, 70 Vestry) should weigh privacy and scale against program breadth. The condominium's governing documents were not in our archive at publication; we obtain the offering plan and by-laws during diligence.
Application and transaction fees
Fees below are from building management's published schedule, as of August 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
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $500 plus $100 for each additional applicant | Refundable Non-refundable |
| Move Fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Deposit | Paid by Buyer | When With the application | Amount $5,000 | Refundable Refundable |
Rental or lease
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $500 plus $100 for each additional applicant | Refundable Non-refundable |
| Move Fee | Paid by Tenant | When With the application | Amount $1,000 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Deposit | Paid by Tenant | When With the application | Amount $5,000 | Refundable Refundable |
Alteration
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Resident | When With the application | Amount $500, $700 where architectural plans are prepared and Department of Buildings approval is required | Refundable Non-refundable |
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.
Financing and purchase requirements
- Maximum financing
- 100% of the purchase priceSource: building management's published schedule, as of August 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of August 2026
- Parent buying for an employed child
- PermittedSource: building management's published schedule, as of August 2026
- Parent buying for a student child
- PermittedSource: building management's published schedule, as of August 2026
- Purchase or lease by a corporation
- PermittedSource: building management's published schedule, as of August 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Not verified
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of August 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of August 2026
- In-unit washer/dryer
- PermittedSource: building management's published schedule, as of August 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $987 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.46 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.13 per square foot a monthMedian of 4 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.07 per square foot a monthMedian of 4 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
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Attended lobby
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- GarageSource: 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
- $0 (under cap)
- 2030–2034 annual penalty
- $28,294/yr
- Per unit / month range
- $0 – $131
- Modeled exposure split equally across 18 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 September 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 September 2026.
Management & transfer contacts
- Pied-à-terre
- Allowed (secondary residence & corporate purchase allowed)
- Policies and fees
- Condo. Max financing 100%. Buyer app $500 + $100/addl applicant; move fee $1,000 + $5,000 deposit; alteration $500 ($700 if DOB approval); 15 individually-owned parking spaces (transferable)
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 |
|---|---|---|---|---|---|
| Dec 8, 2025 | 6C | 2 BR · 2 BA · 1,581 sf | $3,400,000 | $2,151/sf | -2.9% |
| May 20, 2025 | 2A | 3 BR · 3 BA · 4,012 sf | $5,612,500 | $1,399/sf | -6.4% |
| Apr 30, 2024 | 6B | 3 BR · 2.5 BA · 2,808 sf | $5,250,000 | $1,870/sf | -0.8% |
| May 1, 2023 | 6C | 2 BR · 2 BA · 1,581 sf | $2,850,000 | $1,803/sf | -9.5% |
| Sep 6, 2022 | 2B | 3 BR · 2.5 BA · 4,400 sf | $6,175,000 | $1,403/sf | -11.7% |
| Nov 10, 2021 | 1B | 3 BR · 2.5 BA · 4,125 sf | $5,400,000 | $1,309/sf | -1.7% |
| May 13, 2021 | 4B | 4 BR · 3.5 BA · 4,365 sf | $5,690,000 | $1,304/sf | -0.1% |
| Mar 15, 2021 | 3A | 4 BR · 4.5 BA · 3,733 sf | $6,075,000 | $1,627/sf | -6.5% |
Market read. Most recent trades (2025) cleared a median $1,716/sf (floor-adjusted) across 2 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 3.3% 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.
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 1-00220-7503; 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Grabler Building and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Underwrite the square, not just the apartment. South exposures currently face open sky across the former St. John's Park, but the Holland Tunnel rotary generates real traffic presence. Visit at morning and evening rush before pricing a south-facing line; the quiet rear and side exposures price differently for a reason.
Parking in the building is a structural premium. An in-building garage in an 18-unit landmarked conversion is rare in Tribeca North; confirm whether parking conveys with the unit, is licensed separately, or is waitlisted, because the answer materially affects value.
Condo mechanics, boutique scale. Eighteen owners govern the building; transfer mechanics are condominium-standard (no board interview of the co-op type), which keeps the buyer pool wide — including trusts, LLCs, and pied-à-terre use, subject to the by-laws. Confirm specific structures with your attorney.
The envelope is protected. Exterior work — windows, the awning, terrace structures visible from the street — runs through Landmarks within the Tribeca North Historic District. Budget approval timelines for anything touching the facade.
Verify the policy and fee stack. Doorman hours, sublet terms, pet rules, and any transfer fees are thinly documented publicly. We verify against the offering plan, by-laws, and managing agent during diligence.
What to know if you’re selling
Sell the provenance with specifics. Clinton & Russell, 1896, the Grabler signage, the Lombardi conversion, the eyebar awning — this building has a documented narrative that the Tribeca loft buyer pool responds to. Use the facts, not adjectives.
Position against the corridor's tiers. Your buyer is cross-shopping 443 Greenwich's renovated lofts, River Lofts at 92 Laight, and the Vestry Street new product. The Grabler pitch is authentic warehouse fabric plus parking and an attended lobby at a sensible per-foot basis.
Be precise about light and sound. The square-facing lines should be marketed on their open exposure, floor by floor, with the traffic reality acknowledged; experienced Tribeca buyers discount evasion faster than they discount the tunnel.
Penthouse inventory is its own market. The conversion's setback penthouses — multi-exposure, large terraces — comp against Tribeca penthouse product broadly, not against the building's lower floors. Price from the penthouse comp set.
Comparable buildings
If you're considering 44 Laight Street, also evaluate:
- 443 Greenwich Street — the corridor's marquee 1880s book-bindery conversion; the privacy-driven benchmark a block west
- 70 Vestry Street — Robert A.M. Stern's waterfront condo; the new-construction ceiling for the pocket
- 250 West Street — large-scale warehouse-to-condo conversion on the waterfront
- 145 Hudson Street — heavyweight Tribeca warehouse conversion with similar loft scale
- 195 Hudson Street — loft condominium farther north in the same historic fabric
- 60 Collister Street — neighboring Tribeca North stable-block conversion
- 92 Laight Street (River Lofts) — the larger loft condo at the river end of the street
- 79 Laight Street (Sugar Loaf Building) — boutique loft condominium directly in the district
More Tribeca buildings
- 43 Murray Street — condop
- 42 White Street — condominium
- 43 Park Place — condominium
- 44 Lispenard Street — 1866 condominium
- 45 Lispenard Street — 1895 co-op
- 46 Lispenard Street — 1866 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
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 Grabler 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