105 Reade Street
$24,950,000
15
15
18,740
18,740
$1,331
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: 12/10/2024 09:46 PM
Property Details for 105 Reade Street
Status | Active |
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MLS ID | RPLU-63223133279 |
Days on Market | 142 |
Taxes | $13,127 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 30.0 |
Compass Type | - |
MLS Type | - |
Year Built | 1920 |
Lot Size | 3,750 SF / 75' x 50' |
County | New York County |
Building
Building Information for 105 Reade Street
Stories5Residences6Year Built1920Lot Size3,750 SF / 75' x 50'Building AgePost-warBuilding Type-
Property Information for 105 Reade Street
Property History for 105 Reade Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
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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