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154 Reade Street
House in Tribeca •  building info
5bd • 8ba • 8,000ft² $944 per ft²
Sold price

$7,550,000

Description
Possibly the last original 4 story Federal Brick building on Reade Street in TriBeca! 154 Reade Street was last used as a 4-story brick commercial building sitting on a 25' 54' lot, which is currently 5,847 square feet. The property has Approved DOB Plans for a mixed-use residential conversion! This is your opportunity to purchase in "as-is" condition and create your own dream home. The building is currently vacant and awaiting your renovation! The building is NOT landmarked! The approved alteration and renovation plans are for a five-story primary residence with an elevator, a full roof-deck, and two terrace setbacks on top of a ground floor commercial space. Perfect for an end user who has their own business! The new building is approved to become an 8,000 square feet building, which the max FAR for the lot size. The plans on file are for a 5 bedroom, 5 full baths, with 3 half baths, with multiple common spaces, and outdoor terraces. The front faces South with views of the World Trade Center. The back facing North with townhouse city views and the 2-story addition would have unobstructed city views including 56 Leonard. Located on historic Reade Street in Prime TribeCa, between Greenwich & Hudson Streets, the block has Washington Mkt Park on one corner, and Bogardus Plaza with the Chambers Street 1,2,3 subway steps from your door! Steps to Battery Park, the waterfront piers, and surrounded by the best restaurants and retail TriBeCa Offers. The DOB approved plans can be amended at any time, if you want to design your own unique home, hotel, or commercial building! The C6-2A, TMU zoning is flexible.

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Listing Amenities
Hardwood floors
Building Amenities
Parking Available
History
What it'll cost
Purchase price
$7,550,000
Asking Price: $7,550,000
Term
30 Years
Down Payment
$755,000 (10%)
Min: 10% (755,000)
Rate
6.5 %
Mortgage Amount
$6,795,000
Mortgage Payment
$42,949
Taxes
$6,102
Estimated closing cost
$338,000
Total monthly cost $49,051
Listing Courtesy of Compass

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