by RH Advisors

Check Availability
$2,350,000
↓ $150K (6%)
Condo - For Sale

109 READE Street #5

Manhattan, NY 10013
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1492 Sqft
$12,881
Est. Monthly
$1,342
HOA / Fees
6.56%
Cap Rate

About This Property

Full-floor three bedroom/two bathroom condo loft in prime Tribeca!

Located on one of Tribeca's most sought-after blocks, the keyed elevator opens directly into this charming loft. Upon entry, you will be taken aback by all of the charming loft details of the home: original beamed ceiling, exposed brick walls, recently re-done oak flooring, gas fireplace, large windows looking onto copper-adorned historic buildings buildings, and much more.

The front bedroom features a unique lofted area perfect for home office, play area, guest sleeping room, additional storage, etc. In addition to great natural reflective light, the living room has recessed lighting.

The chef's kitchen features full-sized stainless steel appliances, bar seating for two, a plethora of storage, and plenty of room for a large dining table.

The home also features a large amount of storage, one of the closets adjacent to the kitchen containing a Bosch washer/dryer.

Both the primary and secondary bedrooms benefit from extraordinary ceiling heights and exposed brick walls lending a Downtown charm to the generously-sized spaces. The primary bathroom is enormous with a double-wide vanity, large bathtub, separate standup shower, and statuary marble throughout. The secondary bathroom benefits from the same custom fixtures and statuary marble.

See alternate floorplan showing the loft set up as a two bedroom with an even larger living area (this would be a fast and inexpensive alteration).

109 Reade Street is a boutique condominium that was built in the late 19th century and originally occupied by HL Mulford & Co. It is surrounded by other equally gorgeous historic loft buildings. It's also a stone's throw from some of the best dining in the Western Hemisphere and surrounded by subway access: namely the 1, 2, 3, A, C, E, 4, 5, 6, J, and Z trains. It's also to note that the building's lobby is currently under renovation and that the condo has a virtual doorman system.

Please note there is an ongoing assessment of $300 per month.

Unit Size
1,492Ft²
Days on Market
88 days
Land Size
-
Price per sqft
$1,575
Property Type
Condo
Property Taxes
-
HOA Dues
$1,342
Year Built
1885

Listed By

Gage Rand
Gage Rand
Brown Harris Stevens

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Cap Rate Calculator

Last updated: 14 days ago (RLS #RPLU-21923099146)

Price History

Date / Event Date Event Price
Sep 24, 2024 Price Decreased $2,350,000
↓ $150K (6%)
Price Decreased
Jul 12, 2024 Listed by Brown Harris Stevens Residential Sales LLC $2,500,000
Listed by Brown Harris Stevens Residential Sales LLC

Property Highlights

With View
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Living Area: 1492
Laundry Features: Building None, In Unit
Rooms: 5
Exterior Details
Outdoor Living Structures: None
Pets Allowed: Building No, No
Tax Lot: 0000
Tax Block: 01824
Utilities Details
Cooling Type: Other
Location Details
Subdivision Name: Tribeca
Stories Total: 5
View: Skyline
Association Fee: $1,342
Association Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2 Baths
1,592 ft²
$1,759/ft²
$2,800,000 Aug 8, 2013
$2,800,000 Jan 17, 2014
$2,012/mo
Co-op
3 Beds
1 Bath
1,760 ft²
$1,273/ft²
$2,240,000 Apr 4, 2014
$2,240,000 Feb 5, 2021
$1,320/mo
Condo
3 Beds
2 Baths
1,681 ft²
$1,782/ft²
$2,995,000 Aug 13, 2020
$2,995,000 Dec 16, 2020
$3,249/mo
Condo
3 Beds
2 Baths
1,842 ft²
$1,357/ft²
$2,499,614 Sep 3, 2019
$2,499,614 Apr 5, 2021
$3,449/mo
Condo
3 Beds
2 Baths
1,842 ft²
$1,424/ft²
$2,622,600 Oct 16, 2020
$2,622,600 Jan 7, 2021
$3,449/mo
Condo
3 Beds
2 Baths
1,842 ft²
$1,479/ft²
$2,725,000 Sep 21, 2020
$2,725,000 Feb 19, 2021
$3,449/mo
Co-op
3 Beds
2 Baths
1,500 ft²
$1,665/ft²
$2,498,000 Apr 10, 2024
-
$2,618/mo
Co-op
3 Beds
2 Baths
1,573 ft²
$1,558/ft²
$2,450,000 Aug 1, 2024
-
$4,749/mo
Condo
3 Beds
2 Baths
1,450 ft²
$1,859/ft²
$2,695,000 Jun 3, 2024
-
$1,416/mo
Condo
3 Beds
2 Baths
1,589 ft²
$1,730/ft²
$2,749,000 Mar 20, 2024
-
$1,921/mo
Co-op
3 Beds
3 Baths
1,624 ft²
$1,411/ft²
$2,290,750 Jun 6, 2024
-
$5,071/mo
Co-op
3 Beds
3 Baths
1,594 ft²
$1,851/ft²
$2,950,000 Oct 17, 2022
-
$5,278/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181107 Unit 2
11/07/2018
2
2 Bed
2 Bath
1500 ft²
$2,395,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1500 ft²
$2,395,000
04/01/2019
-
Mark Blackwell
Compass
20130809 Unit 4
08/09/2013
4
3 Bed
2 Bath
1500 ft²
$1,995,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1500 ft²
$1,950,000 -2.26%
02/08/2014
-
Natalie Pepe Esposito
R New York

Building Info

109 Reade Street 109 Reade Street, New York, NY 10013
  • 7 Units
  • 1 Unit for Sale
More about this Building
109 Reade Street
Want to find out who owns 109 Reade Street, New York, NY 10013? Get detailed property transactions here .

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