The Grabler Building

The Grabler Building is a condo located 44 Laight Street, in Tribeca, New York. The building was first built in 1896 and is 128 years old. It was first renovated and altered in 2002. The lot that the building was built on is 92 feet wide and 100 feet long. The official lot area is listed as 9,154 square feet. The building itself is 91 feet wide and 94 feet long. In total, 44 Laight Street has a total floor area of 61,717 square feet. Of that, 60,142 square feet are used for residential purposes. About 1,575 square feet of the building are used for commercial purposes. Additionally, the building has a 1,575 square feet garage. There are a total of 33 units. Of those, 33 are residential units. There are no commercial units in this building. 44 Laight Street has a total of 8 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 17 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 179 days Meaning, listings tend to sell at a median of $1,674 price per square foot. The transaction that took the longest to complete was unit 6C, listed on Sep 29, 2022 for $3,150,000. This particular unit ultimately sold 214 days later for $2,850,000. The most recent transaction was for unit 6C, which was first advertised on Sep 29, 2022, sold for $2,850,000 on May 01, 2023. Fun fact, the oldest transaction we have on record took place on Jan 05, 2005. See the full transaction history for The Grabler Building below.

Tribeca, where 44 Laight Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $6,337,500. For interested buyers, that means the building's median asking price is around 4.30% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $5,295,000. It is a 2,808 sqft 3-bedroom and 3-bathroom unit.