- Year built
- 1969
- Type
- Cooperative
- Units
- 1
Every recorded sale at this building, 2015–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $680K
- Recent range
- $412K – $1.4M
- Listing discount
- 2.3%
- Recorded transfers
- 571
Southbridge Towers is one of NYC's largest middle-income cooperatives — born from the Brooklyn Bridge Southwest Urban Renewal Area, designed by Gruzen & Partners and built by Tishman Realty & Construction in 1969-1971, then privatized from Mitchell-Lama to market-rate cooperative in 2014 (transition completed December 2015).
The complex is defined first by its 1,651-unit operational scale, which puts it among NYC's largest residential cooperatives. What sets its market behavior apart is the 2014-2015 Mitchell-Lama privatization, extensively covered in the press, which produced ownership and transactional patterns structurally distinct from peer FiDi inventory. Its architecture comes from the Brutalist concrete architectural pedigree of Gruzen & Partners — the same firm behind Chatham Towers (1965) and a substantial NYC urban-renewal residential body of work.
Recent sales
Recent transfers 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 |
|---|---|---|---|---|---|
| Jun 30, 2026 | 26A | 1 BA | $486,500 | -1.7% | |
| Jun 23, 2026 | 6M | 1 BR · 1 BA | $705,000 | -2.8% | |
| Jun 8, 2026 | 20B | 1 BR · 1 BA · 750 sf | $759,000 | $1,012/sf | +1.3% |
| May 19, 2026 | 13L | 2 BR · 1 BA · 950 sf | $875,000 | $921/sf | +6.1% |
| May 18, 2026 | 7B | 2 BR · 1 BA · 880 sf | $800,000 | $909/sf | -11.0% |
| May 14, 2026 | 20F | 1 BR · 1 BA | $760,000 | +0.0% | |
| May 11, 2026 | 13M | 1 BR · 1 BA | $700,000 | -1.4% | |
| Apr 6, 2026 | 4K | 2 BR · 1 BA · 895 sf | $925,000 | $1,034/sf | -2.6% |
Market read. Most recent trades (2026) cleared a median $917/sf across 8 sales. Median listing discount 2.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Feb 7, 2023 | 16H | $605,000 |
| Feb 25, 2021 | 3H | $810,000 |
| Jul 3, 2018 | 25G | $515,000 |
| Jan 27, 2017 | 3A | $475,000 |
| Mar 10, 2016 | 16B | $748,000 |
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 1-00094-0001) 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 on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
The 1,651-unit operational scale is among NYC's largest residential cooperatives.
The 2014-2015 Mitchell-Lama-to-market-rate privatization is real institutional history. and covered the privatization extensively.
The Gruzen & Partners Brutalist concrete architectural pedigree is real institutional context.
The Brooklyn Bridge Southwest Urban Renewal Area site provenance anchors urban-history context.
Post-privatization sales activity is growing — Roebling tracks the corridor pricing closely.
Roebling cross-references the offering plan through the Roebling Research Library during diligence — particularly important given the Mitchell-Lama privatization context.
Comparable buildings
- Chatham Towers (170-180 Park Row) — Gruzen 1965; same-architect FiDi peer
- Liberty Tower (55 Liberty) — Cobb 1909 / 1979-80 conversion; nearby FiDi cooperative peer
- 3 Hanover Square (Cotton Exchange) — Donn Barber 1922-23 / 1985 conversion; nearby FiDi cooperative peer
- 8 Spruce Street — Gehry 2011; nearby FiDi peer
- 25 Park Row — CookFox 2021; nearby City Hall / FiDi peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at Southbridge Towers?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
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A Private Pricing Opinion — what your apartment at Southbridge Towers 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.