- 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
- 20
- 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.
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 1, 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.
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 — full-service Tribeca loft condominium
The Roebling Team at 97 Reade Street
The Roebling Team at Compass works Tribeca loft buildings block by block, and 97 Reade Street is exactly the kind of boutique, thin-resale address where local knowledge and accurate per-unit underwriting decide the outcome. If you're weighing a purchase or sale at 97 Reade 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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