105 Reade Street

105 Reade St
TriBeCa

$24,950,000
Price
15
Beds
15
Baths
18,740 Sq. Ft.
$1,331 / Sq. Ft.
18,740
Sq. Ft.
$1,331
per Sq. Ft.

Description

Rarely does a building of this exceptional provenance come to market in New York City. Built in 1860 and designed by James T. Gilbert, this beautiful Italianate cast iron measuring over 50 feet wide is ready to be restored to its former magnificence and beyond. Originally used as a warehouse for Tribeca's chocolatiers, the site itself has an interesting history as the site of a charitable house for women and children built by New York's first freed slave, Pierre Toussaint. Juxtaposed by its impressive...Rarely does a building of this exceptional provenance come to market in New York City. Built in 1860 and designed by James T. Gilbert, this beautiful Italianate cast iron measuring over 50 feet wide is ready to be restored to its former magnificence and beyond. Originally used as a warehouse for Tribeca's chocolatiers, the site itself has an interesting history as the site of a charitable house for women and children built by New York's first freed slave, Pierre Toussaint. Juxtaposed by its impressive cast iron facade with historic character intact, 105-107 Reade streets interior is just as impressive. With 18,740 sqft above grade, 9,040 sqft below and over 3000 sqft in air rights the building has the ability to be converted to the most spectacular downtown condos, private residence, social club or gallery house. With a C6-3A zoning, Mixed Use and L8 Loft designation the opportunities are boundless. The roof has open sky views of downtown with Woolworth and World trade center to the south, Hudson River to the west and northern city skyline. The retail floor is a dramatic 18 feet in ceiling height with the floors above ranging from 12 to almost 16 feet. Cast iron columns line the center of all the floors with intact old world wood joists, rafters and beams. Large arched windows let in an abundance of light where dramatic open interior spaces can be created. With the ability to add to the roof, pending landmarks approval, even more height could be added to what could be an unparalleled downtown Penthouse. The basement with 10 foot ceilings and sub-basement with 8 foot ceilings, both with two light and air shafts provide additional design and mechanical placement freedoms not seen in many other buildings. Various architectural plans for the building from renowned Architects like Carlos Zapata, Fogarty & Finger and Valerie Pasqiou are ready for your perusal. The building has in the past received Landmarks approval (now expired) for a modern two story addition. This gem allows you to create what will undoubtedly be a building of significance and beauty. The building is situated in the middle of the block on a stretch of Reade Street with similar historic Loft and Cast Iron buildings next to Bogardus Plaza and a block from Washington Square Park. The block has recently undergone several residential conversions and is surrounded by stalwart Tribeca restaurants such as The Odeon, Marc Forgione, Serafina , Fonda, Sushi of Gari, Buddha-Bar and many more. Phenomenal shopping, the quickly expanding Tribeca Art district, riverfront amenities and proximity to transportation make this an ideal location for any use you choose. Please note that all pictures and floorplans are virtual/suggested. This building is subject to Landmarks approval and no warranties are made by owner or Brown Harris Stevens as to approval and buildout. Consult with your expeditor and architect as to viability.

Property Details for 105 Reade Street

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LISTING UPDATED: 10/31/2024 03:54 PM

Property Details for 105 Reade Street

StatusActive
MLS IDRPLU-63223133279
Days on Market94
Taxes$13,127 / month
Maintenance-
Min. Down Pymt-
Total Rooms30.0
Compass Type-
MLS Type-
Year Built1920
Lot Size3,750 SF / 75' x 50'
CountyNew York County

Building

105 Reade St

6 Units5 StoriesBuilt in 1920

Building Information for 105 Reade Street

Stories5Residences6Year Built1920Lot Size3,750 SF / 75' x 50'Building AgePost-warBuilding Type-

Property Information for 105 Reade Street

Summary
Location and General Information
  • Subdivision Name: Tribeca
  • Stories Total: 5
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0018
  • Tax Block: 00145
  • Flip Tax: $0
  • Building Tax Lot: 0018
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 18740.0
  • Building Area Total: 18740.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 75.00x50.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Poor
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: No
  • ElevatorsTotal: 1
  • Size Dimensions: 75.00x50.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 105 Reade Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 105 Reade Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 234 Independence School
Public - K to 5
Middle 297
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Rating
School
Distance
P.S. 234 Independence School
PublicK to 5

Middle 297
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Homes for Sale near TriBeCa

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More information about 105 Reade Street, TriBeCa

105 Reade Street is for sale in TriBeCa. This property was listed for sale on August 2, 2024 by Brown Harris Stevens Residential Sales LLC, it's currently listed at $24,950,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 234 Independence School, Middle 297 and Nyc Lab Ms For Collaborative Studies. 105 Reade Street is a 15-bed, 15-bath, 18,740 sqft built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.