- Type
- Condominium
- Units
- 20
- Floors
- 7
- Landmark
- In a historic district
- 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 (floor-adjusted)
- $1,865
- Listing discount
- 2.9%
- Recorded sales
- 24
- On record
- 2004–2025
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.
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.
Architecture and residences
The building is an early-twentieth-century masonry loft rising seven stories, with the flat, functional facade and generous fenestration of Tribeca's warehouse-era construction. At conversion the upper floors were reconfigured into residential lofts — most laid out as full-floor or half-floor homes — while ground-level space remained commercial, a common arrangement on the mixed-use blocks of the district.
Inside, residences carry the loft vocabulary that defines the neighborhood: open living spans, tall ceilings, oversized windows, and the flexibility to configure bedrooms and living areas within a largely column-free footprint. Because the building holds only twenty residences, layouts and finishes vary unit to unit, and each home reads as a distinct property rather than a repeated line in a large tower.
The Tribeca block
Reade Street between Church Street and West Broadway falls within the Tribeca South Historic District, designated by the Landmarks Preservation Commission to protect the neighborhood's dense concentration of nineteenth- and early-twentieth-century commercial loft architecture. Exterior changes here are subject to LPC review, which preserves the block's scale and materials over time. The location places residents a short walk from Duane and Chambers Streets, the Reade Street retail corridor, and the transit and dining that anchor the southern edge of Tribeca — the kind of quiet, protected block that draws buyers who want the district's history without a high-rise footprint.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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, 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 — 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 2005–10 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.
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, 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 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 (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 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). 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.
At the recent median sale of $2.88M (4 sales since 2024), a buyer putting 25% down would pay about $116,283 to close, or 4.0% of the price.
- Mansion tax: $35,938
- Mortgage recording tax: $41,508
- Title insurance: $12,937
- Attorneys, lender, building fees, reserves and filings: $25,900
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
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
More Tribeca buildings
- 92 Chambers Street — condominium
- 92 Warren Street — 1880 condominium
- River Lofts, 92 Laight Street — condominium by Ismael Leyva Architects
- 100 Franklin Street, 100 Franklin Street and 3 Avenue of the Americas — 2018
- 100 Hudson Street (Franklin-Hudson Building) — 1909 co-op
- Tribeca Court (100 Reade Street) — 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 97 Reade Street?
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