57 Reade Street
57 Reade Street, New York, NY 10007
BBL 1001497502 · BIN 1087951
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Construction chronology: 2010 (city records; SLCE Architects lists the project as completed in 2012)
Every recorded sale at this building, 2011–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,694
- floor-adjusted, 1 sale
- Listing discount
- 3.9%
- Recorded sales
- 132
- On record
- 2011–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Reade57 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.
Reade57 brought ground-up condominium glass to a corner of Tribeca defined by cast-iron lofts and civic stone. Designed by SLCE Architects for The John Buck Company (city records give 2010 as the year built; the architect lists the project as completed in 2012), the twenty-story tower stands at Reade Street and Broadway — at the edge of Tribeca where the neighborhood meets the City Hall and courthouse district — with a contemporary glass facade, strategic setbacks, and two stories of retail at its base on Broadway.
The building is a deliberate counterpoint to its loft-conversion neighbors. Where Tribeca's prized condominiums are largely converted warehouses with their idiosyncratic floor plates, Reade57 is purpose-built residential: efficient layouts, floor-to-ceiling glass, modern systems, and full-service staffing from day one. That combination — purpose-built residential construction at a Tribeca address — is the building's core appeal.
For buyers, the case is value-conscious Tribeca. The building delivers the neighborhood's location and amenity expectations in efficient, light-filled homes, with the financing and ownership flexibility that condominium structure provides, at price points that open Tribeca to a broader buyer than the trophy loft inventory.
Architecture and unit composition
SLCE's design is a clean contemporary tower: a cast-in-place reinforced-concrete structure behind a glass facade, articulated with strategic setbacks that give the upper floors light, air, and modest terraces on select lines, above two stories of Broadway retail. The result is a building that reads as new without straining for spectacle — a workhorse luxury condominium tuned to its corner.
The building holds 82 residences spanning one-, two-, and three-bedroom layouts, with floor-to-ceiling glazing, open kitchens, and the consistent ceiling heights and modern mechanical systems of 2010 construction. The setbacks mean upper-floor homes capture open downtown light and views toward the Financial District and beyond, while the efficient floor plates keep the homes livable and well-proportioned.
Building operations
Reade57 is a full-service condominium: a 24-hour doorman, a live-in resident manager, a fitness center, and a landscaped common garden — a meaningful patch of green amenity in a dense downtown setting. As a condominium, the building runs on common charges and real estate taxes, with the lighter governance and broad ownership latitude condominium structure provides, including the sublet flexibility that supports both owner-occupants and investors in a strong downtown rental market.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $936 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.04 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.39 per square foot a monthMedian of 11 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.63 per square foot a monthMedian of 11 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
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, gardenSource: 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
- $66,079/yr
- Per unit / month range
- $0 – $67
- Modeled exposure split equally across 82 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 October 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 2015–20 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 October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2022
- Fully taxed from
- FY2023 (2022–23)
- Program
- 421-a (10-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2023 runs July 1, 2022 to June 30, 2023. The benefit last appears on the 2022 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
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 |
|---|---|---|---|---|---|
| Sep 14, 2026 | 8F | 2 BR · 2.5 BA · 1,530 sf | $2,400,000 | $1,569/sf | -4.0% |
| Sep 12, 2025 | 9E | 2 BR · 2.5 BA · 1,295 sf | $2,000,000 | $1,544/sf | -14.9% |
| May 29, 2025 | 3F | 2 BR · 2.5 BA · 1,536 sf | $2,200,000 | $1,432/sf | +0.0% |
| Mar 28, 2025 | 4F | 2 BR · 2.5 BA · 1,536 sf | $2,200,000 | $1,432/sf | -4.3% |
| May 15, 2024 | 5D | 1 BR · 1 BA · 738 sf | $1,165,000 | $1,579/sf | -1.7% |
| Apr 25, 2024 | 12E | 1 BR · 1.5 BA · 713 sf | $1,080,000 | $1,515/sf | -9.6% |
| Aug 1, 2023 | 8F | 2 BR · 2.5 BA · 1,530 sf | $2,375,000 | $1,552/sf | -4.8% |
| Jun 12, 2023 | 17C | 1 BR · 1.5 BA · 1,034 sf | $1,585,000 | $1,533/sf | -3.9% |
Market read. Most recent trades (2026 to date) cleared a median $1,694/sf (floor-adjusted) across 1 sale. 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 3.9% 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 1-00149-7502; 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.
Closed rents at Reade57, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 4 | $5,950 |
| 2 bedroom | 6 | $9,350 |
11 closed leases, October 2023 to September 2026. Most recent lease July 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Reade57 and nearby.
At the recent median sale of $2.2M (4 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $92,633 to close, or 4.2% of the price.
- Mansion tax: $27,500
- Mortgage recording tax: $31,763
- Title insurance: $9,900
- Attorneys, lender, building fees, reserves and filings: $23,470
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Reade57 and its market
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What to know if you’re buying
As a condominium, Reade57 has no co-op board admissions process — purchases run through the condominium's application and right-of-first-refusal process rather than a board package and interview. Confirm financing, leasing, and pied-à-terre, trust, LLC and investment-purchase rules in the current declaration, bylaws and house rules.
The variable that drives value here is floor and exposure. The setbacks mean upper-floor homes get markedly better light and views, and select lines carry terraces; positioning within the tower matters as much as the unit type. We help buyers read the floor plans, weigh exposure against price, and benchmark the home against the Tribeca condominium inventory.
What to know if you’re selling
Lead with new construction in Tribeca. Floor-to-ceiling glass, newer building systems, and full-service staffing in a purpose-built tower are a distinct value proposition from the neighborhood's loft conversions, and a resale should frame that contrast with current condition reports in hand.
Light and terraces drive pricing. Upper-floor homes and setback-terrace lines command the building's premium; a well-presented home should foreground its exposure and any outdoor space.
Closing mechanics run through the condominium — its application and right-of-first-refusal process rather than a co-op board. Confirm leasing rules in the current declaration and house rules before marketing to investors.
Position to the value-conscious Tribeca buyer. The building's case is the neighborhood at a more accessible entry point; pricing and presentation should target the buyer who wants Tribeca in newer construction.
Comparable buildings
If you're considering 57 Reade Street, also evaluate the surrounding Tribeca and downtown inventory:
- 270 Broadway — full-service building nearby on Broadway
- 200 Chambers Street — contemporary Tribeca condominium
- 101 Warren Street — the Skidmore, Owings & Merrill-designed Tribeca condominium
- 30 Park Place — luxury downtown condominium tower
More Tribeca buildings
- 56 Warren Street — 1880 co-op
- 57 Laight Street — 1892 co-op
- 57 Lispenard Street — 1860 condominium
- 60 Collister Street (American Express Carriage House) — 1866 condominium
- 60 North Moore Street — 1914 condominium
- 61 North Moore Street — 1897 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 Reade57?
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