135 Reade St #1, New York, NY 10013
FOR SALE

135 Reade St #1
New York, NY 10013

Tribeca
  • 7 Beds
  • 8 Baths
  • 8,600 sqft
  • 7 Beds
  • 8 Baths
  • 8,600 sqft

$7,350,000

Est. Mortgage $44,590/mo*
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We estimate this home will sell faster than 88% nearby.

Local Information

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Description

Introducing 135 Reade Street, an exceptional opportunity nestled in the dynamic enclave of TriBeCa, New York City. 5.00% in-place cap rate! This property presents a unique three-story structure spanning approx. 5,600 square feet, complemented by an additional approx. 3,000+ square feet of usable air rights. Currently, the building is fully occupied, hosting three market-rate residential units atop a sought-after retail space.
With no landmark restrictions and flexible zoning (residential / commercial / mixed-use), 135 Reade Street embodies the potential for transformative redevelopment. Its highest and best use is envisioned as a single-family residential conversion, where one can create an expansive 8,600 square foot luxury townhome. This reimagining would take full advantage of its prestigious location on one of TriBeCa's most pristine blocks, offering an unparalleled living experience.
This property not only invites a visionary development project but also serves as a strategic addition to any investment portfolio. Detailed income and expense reports are readily available upon request, highlighting the property's current financial performance. Discover the potential of 135 Reade Street, where the essence of upscale TriBeCa living and the allure of architectural creativity meet.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$855
Listed
13 days ago
Listing by: Douglas Elliman, (212) 303-5321

Home Details for 135 Reade St #1

Days on Market

Days on Market: 13 Days on Trulia

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Price & Status

Price
Price Per Sqft: $855

Agent Information

Listing Agent
MLS/Source ID: 135Reade

Community

Units in Building: 4

Price History for 135 Reade St #1

DatePriceEventSource
04/16/2024$7,350,000Listed For SaleStreetEasy #135Reade

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Comparable Sales for 135 Reade St #1

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Sold Date
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109 Waverly Pl, New York, NY
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$18,910,000
04/25/24
6
8
8,300
40 Bedford St, New York, NY
1.02
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$4,800,000
10/12/23
5
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64 E 7th St, New York, NY
1.41
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$9,850,000
04/16/24
4
7
7,060
40 Leroy St, New York, NY
1.01
Single-Family Home
$9,400,000
04/25/24
4
3
3,650
15 Bank St, New York, NY
1.50
Single-Family Home
$28,000,000
04/05/24
5
7
6,000

Neighborhood Overview

Tribeca
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Tribeca

  • Trulia User
    "Very fun. Diverse lots of very kind people. So much to eat, see, and do! You will love it. There is a 24hr person on metro booth. That can help you get anywhere "
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  • Trulia User
    "Easy commute, very close to trains, Citibikes, mopeds and easy for car service shares to come pick you up"
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  • Mrzac83
    "amazing neighbourhood if you can afford it. family friendly with loads to do. fine dining at its best. Great transport connections 👌. there's a reason tribeca is the best place to live in nyc"
    1
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  • Troy T.
    "I can walk to work my office in soho or cabs if needed. Tribeca is very good for subways. There are plentiful Citibikes and the bike paths are getting better. "
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  • Lucasj11a
    "We have great access to transportation and parks. Safe area to live in. I’ve lived here for almost 20 years. "
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  • Robert K.
    "This area is a great place to live but still lacks infrastructure and amenities. It is convenient but does not have a wide choice of schools"
    2
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  • Jessica K.
    "Canal street gets a little windy but the subway is very easy to get to. The subways nearby lead to central hubs in the city so it’s convenient "
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  • Daniel S.
    "It’s one of nyc’s best family friendly neighborhoods with great schools, services and restaurants that are family and kid friendly "
    0
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  • Natashart
    "Great; I walk to work, but there are lots of subway lines, buses and the free neighborhood Connection bus."
    0
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  • Daniel S.
    "This is one of the very best and most accessible neighborhoods in Manhattan. My commute is an 11 block walk but you can be in midtown in 10-15 minutes and Brooklyn in 10. Couldn’t be easier!"
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  • Ryders713
    "It’s an accessible area. Iconic New York history. It really does have a neighborhood feel while still maintaining its New York buzz. "
    1
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  • Desgilbert
    "Love my neighborhoods it’s the best for families but can get pretty sleepy at night. Close to everything we need!"
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  • Max.maxcohen
    "Dog parks along the water for all size dogs. Pet store on chambers. People are friendly toward dogs on the street. "
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  • Dave L.
    "there are a few small parks to take your dog to in the area. also, Battery Park is very close. there are a few dog parks to go to. "
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  • Lnichols972
    "Super dog friendly, several good doggy day cares and dog parks. Very friendly people, everyone cleans up after their dog."
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  • Missggnyc
    "Good public schools, restaurants, quiet neighborhood and the best for the family to raise their kids in nyc. "
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  • Kristina P.
    "Dogs are welcomed everywhere there’s even a dog park not too far away. There’s also a few stores you can bring them in with you. Only bad thing is some people don’t pick up after their dogs and that’s gross. Oh and the dogs that meet on the street are usually pretty friendly with each other as well."
    3
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  • Dennacthomas
    "I’ve lived in my neighborhood for 16 . 5 yrs it’s close to subways and buses a mall shopping area hair and nail place"
    9
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  • Doctorheron
    "Great family friendly yet hip area. Close to the west side highway bike and running path, which makes me happy! Great restaurants. We have a target and wholefoods (no trader joes’ sadly)"
    5
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  • Rbenmaddox
    "Architecture, lots of sky which is a bit more than you sometimes get, access to the amazing Hudson River Park. "
    2
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  • John D.
    "My neighborhood is very, very beautiful"
    1
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  • Gmccfc
    "I’ve live in the area for 12 years. It’s a great area, and very quiet, but it’s typical nyc. Easy commute to anywhere from here"
    1
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  • Liz M.
    "Love TriBeCa after growing up in the east village and then living in Soho, TriBeCa is a quiet escape!"
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  • penquinbum
    "Having lived elsewhere in Manhattan, I've fallen in love with Tribeca. It has everything I need, a great Whole foods to relieve me of my pay check and from what I have been told, an excellent elementary school. My condo is walking distance to work (FIDI) and is convenient to public transit. I live about 5 minutes from the esplanade along the Hudson...I just cross over at Murray and can go walk, sit in the park, or if I ever get up the nerve, play some basketball in all that green space and parks. Lots of restaurants, including 3 decent Irish pubs, also on Murray. It may not appeal to the younger, single folks but we do seem to have lots of young families in the area. NYC is a city of neighborhoods. Tribeca is a great one."
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  • Mona A.
    "I live here and work nearby. Agree with other reviewers that it is up and coming but not quite there. Its too quiet at night and the restaurant options, though fantastic are too slim! that being said, i love my building and how clean and safe the streets are. The opening of the Smyth Hotel and the W is encouraging."
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LGBTQ Local Legal Protections

Viktar Kolatau - Licensed Associate Real Estate Broker, Douglas Elliman
135 Reade St #1, New York, NY 10013 is a 7 bedroom, 8 bathroom, 8,600 sqft single-family home built in 1920. 135 Reade St #1 is located in Tribeca, New York. This property is currently available for sale and was listed by StreetEasy on Apr 16, 2024. The MLS # for this home is MLS# 135Reade.