57 Reade Street
57 Reade Street, New York, NY 10007
Tribeca
BBL 1001497502 · BIN 1087951
- Year built
- 2010
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2011–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,698
- Listing discount
- 3.9%
- Recorded sales
- 140
- On record
- 2011–2025
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. Completed in 2010 to a design by SLCE Architects for The John Buck Company, 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 — new-construction predictability inside Tribeca's downtown 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $38,868/yr
- Per unit / month range
- $0 – $40
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified 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 engineer identified conditions requiring monitoring or repair before the next inspection cycle. 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 — the licensed engineer the city requires to sign 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 record last verified September 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. Taxes on these units have stepped up toward the full assessed amount, so the low carrying cost this building once carried is no longer available. Price from the current tax bill, and treat any comparable sale made while the abatement was still running as a different asset.
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.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. 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 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% |
| Dec 14, 2022 | 14B | 1 BR · 1 BA · 909 sf | $1,425,000 | $1,568/sf | -15.9% |
Market read. Most recent trades (2025) cleared a median $1,698/sf across 3 sales. 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) 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
As a condominium, Reade57 offers the flexibility a co-op cannot. Financing is flexible — there are no co-op financing caps. There is no co-op board admissions process — purchases clear through a condominium right-of-first-refusal rather than a board package and interview. Pied-à-terre, trust, LLC, and investment purchases are customary, and subletting is materially freer than at a co-op, which matters in a downtown market with strong rental demand.
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 certainty in Tribeca. Floor-to-ceiling glass, modern 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.
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 are condominium-standard — a right-of-first-refusal rather than a board process — and the building's sublet flexibility broadens the buyer pool to include investors as well as owner-occupants.
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 with new-construction predictability.
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
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?
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