- Year built
- 2015
- Type
- Condominium
- Units
- 18
- Floors
- 8
- Landmark
- Designated
- Pets
- Pet-friendly (pet grooming station on-site)
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2015–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,903
- Listing discount
- 2.5%
- Recorded sales
- 28
- On record
- 2015–2026
87 Chambers Street — Reade Chambers — is a boutique Tribeca condominium designed by Selldorf Architects, one of the most respected names in contemporary New York residential design. Completed in 2015 as ground-up new construction that wraps the block to 71 Reade Street, it delivers just 18 residences within the Tribeca Historic District, in a masonry building whose loft-scaled proportions and restraint were tailored to the neighborhood's protected character.
The proposition is a rare combination in Tribeca: a small, architect-branded, full-service condominium with a genuinely deep amenity package — a 24-hour doorman and concierge, a landscaped courtyard, a roof terrace, a fitness center, a playroom — and, unusually for the neighborhood, on-site private parking. For the buyer who wants new construction with pedigree in the heart of Tribeca, this is a marquee address.
Architecture and unit composition
Selldorf's design reads as a contemporary loft building — a masonry façade with large windows and clean detailing, designed to sit comfortably in the Tribeca Historic District. The building rises eight stories and holds 18 residential condominiums ranging from one-bedrooms to four-bedrooms, including penthouses with private outdoor space, above ground-floor retail. Ten private on-site parking units are among the building's rarest features in a neighborhood where parking is scarce. Interiors carry the finish level expected of a Selldorf project at this price tier.
Building operations
Reade Chambers operates as a full-service luxury condominium: a 24-hour doorman and concierge, multiple elevators, a landscaped courtyard garden, a communal roof terrace, a fitness center, a children's playroom, a pet grooming station, private storage, a bike room, and on-site private parking. As a condominium, ownership is by deed — no board approval — with financing between buyer and lender, and pied-à-terre, investment, and subletting uses permitted under the declaration.
Recent sales
Condominium pricing is read on a per-square-foot basis, and 87 Chambers trades at Tribeca's high end — architect-branded new construction with a full amenity set commands a premium well into four-figure dollars per square foot. Sponsor sales launched from roughly $1.695M, and the building's mix runs from one-bedrooms to full-floor and penthouse homes. With only 18 residences, resale volume is thin. When underwriting a purchase or a list price, capture the floor, the exposure, outdoor space, parking, and condition rather than relying on a neighborhood average. Genuinely variable figures should be confirmed at offer stage.
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 | vs. Ask |
|---|---|---|---|---|---|
| Apr 23, 2026 | 2B | 3 BR · 3.5 BA · 1,935 sf | $3,650,000 | $1,886/sf | -5.8% |
| Sep 17, 2025 | 2C | 1 BR · 1.5 BA · 845 sf | $1,475,000 | $1,746/sf | -1.3% |
| Jun 18, 2025 | 4D | 2 BR · 2.5 BA · 1,585 sf | $2,800,000 | $1,767/sf | -6.5% |
| Mar 26, 2025 | 2A | 1 BR · 1.5 BA · 991 sf | $1,750,000 | $1,766/sf | +1.4% |
| Aug 30, 2023 | 3B | 3 BR · 3.5 BA · 1,935 sf | $3,860,000 | $1,995/sf | +1.8% |
| Oct 24, 2022 | 5B | 4 BR · 3.5 BA · 2,545 sf | $4,860,000 | $1,910/sf | -9.6% |
| Aug 10, 2022 | 3A | 1 BR · 1.5 BA · 991 sf | $1,675,000 | $1,690/sf | -8.2% |
| Jan 14, 2022 | 4A | 4 BR · 4.5 BA · 3,035 sf | $6,100,000 | $2,010/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,903/sf across 1 sale. Median listing discount 2.5% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 20, 2015 | RU3C | $1,478,463 |
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 1-00149-7503) 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
This is a condominium, so the path is a purchase by deed — no board package or interview, financing set by your lender, and full flexibility for pied-à-terre, investment, and subletting use. The reasons to buy are the pedigree and the package: a Selldorf-designed, full-service building with a landscaped courtyard, roof terrace, fitness center, and on-site parking, in the Tribeca Historic District. Review the condominium's financials, reserve, and — if parking matters — the availability and terms of the on-site parking units.
What to know if you’re selling
The story is the architecture and the amenities. The Selldorf name, the full-service program, the on-site parking, and the Tribeca Historic District setting are the differentiators — and they sell to a design-literate buyer who wants new construction with provenance downtown. Pricing is apartment-specific: floor, light, outdoor space, parking, and condition drive the number. We position the building's design pedigree and amenity depth, and benchmark against the right comparable tier of boutique Tribeca condominiums.
Comparable buildings
If you're considering 87 Chambers Street, also look at these nearby Tribeca condominiums:
- 137 Duane Street — boutique Tribeca loft condominium
- 356 Broadway — boutique Tribeca loft condominium nearby
- 108 Leonard Street — landmark Tribeca condominium conversion
- 56 Leonard Street — Tribeca tower condominium
The Roebling Team at 87 Chambers Street
The Roebling Team at Compass specializes in Manhattan's boutique and new-development condominium market, including Tribeca. We publish this profile because buyers and sellers of architect-branded boutique condominiums deserve building-specific intelligence — the architecture and neighborhood context, the ownership structure, the amenity reality, and where pricing sits against the right comparable tier.
If you're weighing a purchase or sale at 87 Chambers Street, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
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