- Type
- Condominium
- Units
- 52
- Floors
- 11
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
The American Thread Building sales history: 61 recorded sales
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,707
- floor-adjusted, 2 sales
- Listing discount
- 3.2%
- Recorded sales
- 61
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The American Thread Building 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.
The American Thread Building at 260 West Broadway is among the earliest luxury condominium loft conversions in Tribeca and one of the most architecturally distinguished buildings in the broader corridor's late-19th-century commercial inventory. The building was constructed between 1894 and 1896 — plans filed July 1894 at a construction cost of $275,000 — as the Wool Exchange Building, in an effort to support New York City's wool trade and overtake Boston as the dominant U.S. wool-trading center. The original architect was William B. Tubby (William Bunker Tubby), the late-19th-century New York architect whose body of work includes consequential commercial and institutional commissions across the city.
The American Thread Company occupied the building from 1901 through 1964, anchoring the building's enduring popular name. The building was converted to condominium residential ownership in 1980–1981 by Rose Associates — among the very earliest luxury condominium conversions in Tribeca, well before the broader Tribeca conversion wave that the 1982 New York State Loft Law would subsequently catalyze.
The building's architectural distinctions are substantial. The Renaissance Revival exterior (with some Romanesque elements that the architectural press has at times conflated) is articulated by a curved corner facade, a three-story base with alternating stone and brick bands, bold voussoirs above the arched openings, and a two-story entrance vestibule with polished granite columns over a cascading granite stair. Period architectural press acclaimed the building at completion. Engineering Magazine: "a strong, plain design, admirably in keeping." New-York Daily Tribune: "The building itself is a triumph of architectural art."
Apartment configurations at the American Thread Building carry the architectural features of the 1894–1896 commercial original: ceiling heights up to 26 feet in some units, oversized arched windows characteristic of the Renaissance Revival facade, original cast-iron columns retained throughout many interiors, and exposed-brick walls. The rotunda penthouse atop the building includes a stained-glass oculus — one of the most architecturally distinguished apartment features in Tribeca.
The building's most famous individual apartment is the 8,000-square-foot triplex maisonette containing an original 1979 Keith Haring mural. The mural was painted by then-20-year-old Keith Haring before the building's conversion to residential use; it was rediscovered during a 2007 renovation. The apartment was listed and later sold; a related rotunda penthouse was subsequently listed.
For buyers, the American Thread Building represents a particular position in the Tribeca market: William B. Tubby architectural pedigree at one of his most architecturally distinguished commissions, the structural advantage of an early-1980s conversion vintage, the substantial apartment scale and 26-foot ceilings characteristic of the original wool exchange use, and the unique cultural register of the Keith Haring mural apartment.
Architecture and unit composition
The 52 condominium residences distribute across the building's 11 stories in configurations characteristic of the 1894–1896 commercial original. Apartment ceiling heights run up to 26 feet in select units; oversized arched windows define the apartment exposure; original cast-iron columns and exposed-brick walls are retained throughout many interiors. The rotunda penthouse occupies the top of the building with the stained-glass oculus as the apartment's defining architectural feature.
Building operations
The American Thread Building operates as a full-service condominium with 24-hour doorman, live-in superintendent, rooftop gym, landscaped roof deck, bicycle storage, and basement storage. The amenity program is consistent with the building's 1980–1981 conversion vintage and the early Tribeca condominium tradition.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $125 per person | Refundable Non-refundable |
| Closing Administrative Fee | Paid by Seller | When At closing | Amount $600 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
Rental or lease
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $600 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $125 per person | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Deposit | Paid by Landlord | When With the application | Amount $500 | Refundable Refundable |
| Move In Deposit | Paid by Tenant | When With the application | Amount $500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
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Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $516 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.87 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.00 per square foot a monthMedian of 7 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $0.69 per square foot a monthMedian of 7 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, roof deck, bike storage, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.
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 Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture 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
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 |
|---|---|---|---|---|---|
| Jun 9, 2026 | 6D | 3 BR · 2 BA · 1,865 sf | $3,400,000 | $1,823/sf | -5.6% |
| May 12, 2026 | 4C | 2 BR · 2.5 BA · 1,926 sf | $3,250,000 | $1,687/sf | -11.0% |
| Aug 12, 2025 | 9E | 1,365 sf | $2,465,000 | $1,806/sf | off-mkt |
| Jul 2, 2025 | 4B | 1,431 sf | $6,350,000 | $4,437/sf | off-mkt |
| Jun 9, 2025 | 4G | 3 BR · 2 BA · 1,450 sf | $2,650,000 | $1,828/sf | -19.6% |
| Jan 23, 2025 | 7G | 3 BR · 2 BA · 1,450 sf | $2,300,000 | $1,586/sf | -14.7% |
| Jun 2, 2022 | 3 | 1 BR · 2 BA · 1,270 sf | $2,100,000 | $1,654/sf | +5.3% |
| Feb 14, 2022 | 2EF3E | 2,051 sf | $6,100,000 | $2,974/sf | off-mkt |
Market read. Most recent trades (2026 to date) cleared a median $1,707/sf (floor-adjusted) across 2 sales. 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 3.2% 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 1-00212-7501). 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.
What would your apartment rent for?
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At the recent median sale of $2.65M (7 sales since 2024), a buyer putting 25% down would pay about $108,399 to close, or 4.1% of the price.
- Mansion tax: $33,125
- Mortgage recording tax: $38,259
- Title insurance: $11,925
- Attorneys, lender, building fees, reserves and filings: $25,090
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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Notable residents
Press references — single-sourced and worth verifying — have included Gisele Bündchen, Naomi Campbell, and Isabella Rossellini.
What to know if you’re buying
The architectural pedigree is structurally distinguishing. William B. Tubby 1894–1896; Renaissance Revival; the Wool Exchange / American Thread Company commercial history.
The 1980–1981 conversion vintage is structural. Among the very earliest luxury condominium conversions in Tribeca; the deep conversion history produces a building culture continuously refined for over four decades.
The apartment scale is substantial. 26-foot ceilings in select units; oversized arched windows; original cast-iron columns and exposed-brick interiors.
National Register of Historic Places listing applies. Listed in 2005; broader Tribeca historic district context may also apply (verify against LPC designation).
Condominium financial mechanics apply. Right-of-first-refusal closings; typically 30–45 day pacing.
What to know if you’re selling
Marketing should emphasize the architectural pedigree, the early-conversion vintage, and the cultural register. William B. Tubby 1894–1896, the Wool Exchange / American Thread Company history, and the Keith Haring mural apartment provide structural marketing arguments.
Pricing requires apartment-level comparable analysis. The variation between standard floor-plate apartments and the architecturally distinguished penthouses, maisonette, and rotunda configurations produces meaningful pricing variation.
Closing timelines are condominium-fast. 30–45 days.
Comparable buildings
If you're considering The American Thread Building, also evaluate:
- 108 Leonard Street — McKim, Mead & White 1894 / Beyer Blinder Belle 2018; trophy historic conversion peer
- 443 Greenwich Street — 1882 / CetraRuddy 2017; high-end historic conversion peer
- 195 Hudson Street — 1929 / 1999 conversion; loft conversion peer
- 155 Franklin Street — 1882 / 1996 conversion; boutique loft conversion peer
- The Sterling Mason (71 Laight) — Morris Adjmi 2014; new-on-historic peer
More Tribeca buildings
- The Woolworth Tower Residences, 233 Broadway — 1913 condominium
- 250 West Street, 250 West Street at Hubert Street — 1906 condominium
- 258 Broadway — 1900 co-op
- 261 Broadway — 1915 condominium
- 270 Broadway — 1930 condominium
- 275 Greenwich Street (Greenwich Court) — 1986 condominium by Gruzen Samton Steinglass
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.
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646.939.7375 · c.cohen@compass.com