- Type
- Condominium
- Units
- 20
- Floors
- 7
- Landmark
- Designated
- Pets
- Generally pet-friendly; confirm specifics at offer stage
- Subletting
- Permitted under the condominium bylaws
- Pied-à-terre
- Allowed
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
- $1,865
- Listing discount
- 2.9%
- Recorded sales
- 24
- On record
- 2004–2025
97 Reade Street is a quintessential Tribeca loft address: a solid early-twentieth-century masonry commercial building that spent its first life in the neighborhood's mercantile and light-manufacturing economy and was later converted to a small, deeded condominium of twenty residences. It sits on a landmarked stretch of Reade Street between Church Street and West Broadway — the historic core of the district, where cast-iron and brick loft blocks give the streetscape its low-rise, cobble-and-warehouse character.
For buyers, the appeal is straightforward. This is a genuine loft building with the proportions that made Tribeca desirable in the first place — high ceilings, deep floor plates, and large windows — inside a boutique condominium where turnover is thin and each sale is watched closely. Ownership is by deed, which keeps the purchase path simple: no board interview, standard lender financing, and flexibility for pied-à-terre and investment buyers.
Building operations
As a boutique loft condominium, 97 Reade Street runs on a lean operating model — keyed-elevator access to the residential floors, private storage, and a superintendent or virtual-doorman arrangement rather than a large staffed lobby. Buyers should confirm current staffing, storage, and any building-wide services at the offer stage, since these can evolve in a small building.
Ownership is by deed. That means no board-approval interview to clear, financing available through standard condominium lenders, and permission — under the condominium bylaws — for pied-à-terre use, investment ownership, and subletting. The building is generally pet-friendly. As with any condominium, confirm the specifics of any transfer fee, sublet policy, and pet rules against the current governing documents before you sign.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
97 Reade Street is best read on a per-square-foot basis, the standard measure for Tribeca lofts. Value here tracks the neighborhood's loft market: buyers pay for volume, ceiling height, light, and authentic loft character, and full-floor or half-floor layouts command a premium over chopped-up plans. Because the building is boutique — twenty residences — resale is thin: a home may not come to market for years, and when one does, the comparison set is small. That makes per-unit underwriting essential. Ceiling height, exposures, floor level, outdoor space, and the quality of the individual renovation drive price more than any single building-wide average, and a recent trade of a similar layout is worth more than a headline figure.
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 |
|---|---|---|---|---|---|
| Sep 11, 2025 | 5E | 3 BR · 2 BA · 1,576 sf | $2,875,000 | $1,824/sf | +2.7% |
| Mar 4, 2025 | PHW | 1 BR · 2 BA · 785 sf | $3,100,000 | $3,949/sf | off-mkt |
| Dec 27, 2024 | 4E | 2 BR · 2 BA · 1,569 sf | $2,625,000 | $1,673/sf | -6.1% |
| Dec 9, 2024 | 2E | 2 BR · 2 BA · 1,576 sf | $2,350,000 | $1,491/sf | -2.1% |
| Mar 24, 2017 | 5E | 2 BR · 2 BA · 1,576 sf | $2,575,000 | $1,634/sf | -4.6% |
| May 9, 2014 | PHW | 2 BR | $2,215,000 | -11.2% | |
| Jan 27, 2014 | 5F | 2 BR · 1,063 sf | $1,260,000 | $1,185/sf | off-mkt |
| Jun 14, 2013 | 4E | 2 BR · 2 BA · 1,576 sf | $1,800,000 | $1,142/sf | off-mkt |
Market read. Most recent trades (2025) cleared a median $1,865/sf across 1 sale. Median listing discount 2.9% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Sep 26, 2024 | CE | $3,900,000 |
| Jan 11, 2022 | 1E | $3,000,000 |
| Aug 15, 2013 | 1W | $4,800,000 |
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 1-00145-7504) 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
The condominium path is the easy part: deeded ownership, standard financing, no board interview, and bylaws that welcome pied-à-terre and investment buyers. The reasons to buy here are about the product — a true Tribeca loft on a landmarked block, in a small building where you own a genuinely distinct home rather than a unit in a tower. Come prepared to move when the right layout appears, because inventory is scarce, and underwrite the specific apartment: measure the ceilings, check the exposures, and price the renovation you would want against what's already there.
What to know if you’re selling
The story sells itself — an authentic loft, landmarked block, boutique condominium — but the price is set apartment by apartment. Position your home against the most recent comparable trade of a similar footprint, and lead with the features Tribeca loft buyers pay for: ceiling height, light, full-floor or half-floor privacy, and the quality of the finish. In a thin-resale building, presentation and precise pricing matter more than in a high-turnover tower; a well-prepared listing meets a ready pool of buyers who have been waiting for exactly this block.
Comparable buildings
If you're considering 97 Reade Street, also look at these Tribeca boutique buildings:
- 100 Reade Street — boutique Reade Street loft condominium a block away
- 57 Reade Street — Tribeca loft condominium on the same corridor
- 134 Duane Street — landmarked Tribeca loft conversion nearby
- 166 Duane Street — small-scale Tribeca loft building
- 311 Greenwich Street — Tribeca condominium near the Reade Street blocks
- 100 Hudson Street — the 1910 Franklin-Hudson Building, one of Tribeca's earliest loft co-op
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
Considering a move at 97 Reade Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 97 Reade 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.