74 Reade Street #1EAST, New York City, NY 10007
Listing Courtesy of Compass
$3,500,000
Potential Rebate: $52,500
Overview
This fully renovated Tribeca triplex spans approximately 3,000 square feet and has been completely reimagined with mass timber construction, thoughtfully integrating the original structure. Across three impeccably designed levels, the home showcases custom millwork and striking architectural details throughout.
Entering on the main floor, a wall of double-height, south-facing windows bathes the home in natural light, accentuating the original exposed brick, soaring 15-foot ceilings, and matte-finish hardwood flooring. The open-concept living and dining area flows seamlessly into a chef’s kitchen, appointed with custom cabinetry, a walk-in pantry, and premium professional-grade appliances.
Also on the main level, the primary suite is tucked away and features an oversized skylight, generous closet space, and an en-suite bath with a deep soaking tub and rain shower. A discreet powder room offers added convenience for guests on this level.
Between the top two floors, a separate landing provides a quiet spot ideal for a workspace or seating area. The steel staircase creates a striking contrast to the warm interior and leads to the mezzanine level, which overlooks the main living space and includes a full bathroom, six large closets, and a flexible open area that can function as a bedroom, home office, reading nook, or lounge.
The lower level spans the full footprint of the building and offers expansive, adaptable space—a recreation room with a wet bar, perfect for use as a media den, gym, playroom, or guest suite. Two additional bedrooms with ample closets and a third bonus room currently configured as a home office complete this level.
Residents enjoy access to a beautifully landscaped rooftop terrace with sweeping views of Downtown Manhattan and One World Trade Center. Located in the heart of Tribeca, the home is moments from acclaimed restaurants including Marc Forgione, Atera, and Megu, as well as the Hudson River Greenway, the Financial District, and multiple subway lines (1/2/3, 4/5/6, A/C, R, J). 2.5% flip tax.
Home Features
- •In Unit
- •See Remarks
- •High Ceilings
- •Recessed Lighting
- •Walk-In Closet(s)
- •Dryer
- •Dishwasher
- •Washer
Estimated Monthly Payment
$22,456 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$52,500
Monthly savings impact
$146/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20061214
Price Analysis
Compare average listing prices and value metrics for 74 Reade Street against the surrounding Tribeca market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
47.96% Lower
than the Tribeca price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Tribeca
Overview of Tribeca
Tribeca (Triangle Below Canal) is widely considered the wealthiest and most desirable neighborhood in New York City. Known for its massive industrial lofts, cobblestone streets, and celebrity residents, it is the epitome of downtown luxury. For buyers seeking Tribeca Manhattan real estate, it offers an unmatched combination of space, privacy, and cool.
Living in Tribeca, Manhattan is chic and comfortable. The streets are wide and surprisingly quiet. As a premier Manhattan NYC neighborhood, it has transformed from an industrial wasteland into a family-friendly enclave of multimillion-dollar homes.
Real Estate & Housing Market
The market for homes for sale in Tribeca is top-tier. The signature property is the loft: thousands of square feet, cast-iron columns, and high ceilings. New developments like towering glass condos (e.g., 56 Leonard) have added ultra-modern options to the mix.
Unless you have a significant budget, entry is difficult. It is a market driven by privacy, with many buildings offering private garages and paparazzi-proof entrances.
Lifestyle & Community
The lifestyle in Tribeca is family-centric luxury. You will see more strollers than nightlife. The restaurants are world-class (Locanda Verde, The Odeon) but the vibe is relaxed and neighborhoody.
The community is affluent and creative. It hosts the Tribeca Film Festival, adding a layer of cultural glamour. Residents value the low-density feel; the buildings aren't as tall as FiDi, so there is more sky.
Transportation & Accessibility
Tribeca is incredibly connected. The 1/2/3, A/C/E, and R/W trains all service the area. It is easy to get uptown or to Brooklyn.
Connectivity to the West Side Highway makes it a favorite for those who drive to weekend homes in the Hamptons or upstate.
Parks, Schools & Amenities
Hudson River Park is the neighborhood's playground, offering mini-golf, volleyball, and running paths. Washington Market Park is a beloved local green space.
Amenities are unmatched: Whole Foods, Target, and boutique fitness studios abound. The schools, particularly PS 234, are among the most coveted public schools in the city.
Who This Neighborhood Is Best For
Tribeca is best for high-net-worth families, celebrities, and buyers who want the maximum amount of space and privacy available in Manhattan.
