- Year built
- 1860
- Type
- Condominium
- Amenities
- Keyed elevator access
- Landmark status
- Not an individual landmark; in the Tribeca East Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 57 Lispenard Street 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.
About the building
57 Lispenard Street occupies the through-block building once used by Pearl Paint, with a second frontage on Canal Street. Built for developer John D. Wolfe, it has a two-story cast-iron base beneath a stone-faced upper section. The Lispenard frontage measures about 37 feet across. Residential conversion work received DOB signoff in 2018; Vornado subsequently converted the rental lofts to condominium ownership through a filing accepted in 2024.
Each of the four residences occupies a full floor, with approximately 2,200 square feet and direct keyed-elevator access. Windows at both ends take advantage of the building's street-to-street footprint. High ceilings and exposed masonry preserve the loft character above the commercial base. The residential entrance is on Lispenard Street.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,314 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.93 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $0.71 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
- $2.22 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.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →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 |
|---|---|---|---|---|---|
| May 1, 2025 | PH | 3 BR · 3 BA · 2,249 sf | $3,700,000 | $1,645/sf | -7.5% |
| Apr 30, 2025 | 4 | 3 BR · 3 BA · 2,249 sf | $3,600,000 | $1,601/sf | -1.4% |
| Apr 29, 2025 | 3 | 3 BR · 3 BA · 2,249 sf | $3,600,000 | $1,601/sf | +3.0% |
| Apr 25, 2025 | 2 | 3 BR · 3 BA · 2,232 sf | $3,669,596 | $1,644/sf | +2.1% |
Market read. Most recent trades (2025) cleared a median $1,623/sf (recorded) across 4 sales. Median listing discount -0.4% over ask.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00210-7503; 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 57 Lispenard Street and nearby.
At the recent median sale of $3.63M (4 sales in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $151,991 to close, or 4.2% of the price.
- Mansion tax: $54,522
- Mortgage recording tax: $52,477
- Title insurance: $16,357
- Attorneys, lender, building fees, reserves and filings: $28,635
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Four residences and a commercial member. The ground-floor commercial unit has its own stake in the condominium, so building decisions involve more than the four apartment owners. Expense allocations and voting interests matter for the elevator, historic exterior and other common work. This small mixed-use project can also require a more specialized lender review than a wholly residential condominium.
Comparable buildings
- 44 Lispenard Street — Another intimate prewar condominium on the same street.
- 52 Lispenard Street — A nearby loft condominium for comparing building services and layouts.
- 10 Greene Street — Small-scale condominium ownership across the Canal Street boundary in SoHo.
- 53 White Street — A historic Tribeca condominium with a somewhat larger residential inventory.
More Tribeca buildings
- 56 Leonard Street — 2016 condominium by Herzog & de Meuron
- 56 Warren Street — 1880 co-op
- 57 Laight Street — 1892 co-op
- 57 Reade Street — condominium by SLCE Architects
- 60 Collister Street (American Express Carriage House) — 1866 condominium
- 60 North Moore Street — 1914 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 57 Lispenard Street?
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646.939.7375 · c.cohen@compass.com