NOT LISTED FOR SALE

71 Reade St Unit PHA New York, NY 10007

Tribeca Neighborhood

Estimated Value: $1,087,000 - $3,849,281

4 Beds
4.5 Baths
-- Sq Ft
$6,058/mo HOA Fee

Last Sold April 15, 2016

Last sale price $7,795,000

Est. 21% decrease in value since last sale

Current estimated payment $43,286/month

225 Days on Market

Highlights

  • Newly Remodeled
  • 1-minute walk to Chambers Street (A,C Line)
  • Pre War Building
  • P.S. 397 Spruce Street School Rated A
  • City View
  • 3-minute walk to Duane Park

About This Home

As of April 2016

Comprising 2,938 interior square feet and 1404 exterior square feet, this sophisticated four-bedroom, four-and-a-half bath duplex penthouse residence at Reade Chambers features an interior designed by world-renowned Selldorf Architects, and demonstrates their clarity of vision. Enter through a private key-locked elevator on the seventh and eighth floors. The seventh floor is dedicated to the four spacious bedrooms, each with en-suite bathrooms, the fully equipped laundry room, as well as a private terrace of over 700 square feet. The distinctive master bathroom features driftwood gray marble walls and floors, double sinks and elegant fixtures. On the top floor, you will find the expansive living/dining room, kitchen and great room with fireplace, opening to a second glorious terrace of nearly 700 square feet. The Eggersmann kitchen is fully equipped with top-of-the-line Sub Zero & Gaggenau stainless steel appliances. Additionally, all residences come with motorized shades and side by side washers and dryers. Private parking is available. Reade Chambers has the value of a significant 10-year tax abatement, and a full range of services and amenities, including: 24-hour doorman, available private parking, residents' roof terrace, Technogym-equipped fitness center, children's playroom, assigned storage units, pet grooming room, and secured bike storage. At 71 Reade Street, Reade Chambers offers ideal living in Manhattan's sought-after Tribeca Historic District.

Last Agent to Sell the Property

Andrew Anderson

Douglas Elliman Real Estate License #30AN0965554 Listed on: 07/28/2015

Douglas Elliman Real Estate

Co-Listed By

Bruce Ehrmann

Douglas Elliman Real Estate License #30EH0802696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,380

Year Built

  • Built in 2015 | Newly Remodeled

HOA Fees

  • $6,058 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • New Windows
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • No Cooling

Community Details

  • Reade Chambers Condos
  • Tribeca Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 149

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,380

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$6,058 per month

Listing Details

  • Cross Street: Broadway and Church St
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TRIBECA
  • Architectural Style: Prewar
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 7
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6058.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: Reade Chambers
  • Total Stories: 8
  • Year Built: 2015

Tax Info

  • Tax Block: 149
  • Tax Annual: 25380.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Trident Seventyone Llc
Bought by
Mft Special Llc
Current Estimated Value
$6,168,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2015
Sold by
71 Rc Property Llc and % Sk Development Llc
Bought by
Trident Seventyone Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mft Special Llc $849,089 --
Trident Seventyone Llc $6,111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mft Special Llc $3,000,000
Closed Mft Special Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $7,795,000 0.0% --
03/16/2016 03/16/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $7,795,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,742 $349,551 $154,877 $194,674
2024 $36,742 $349,041 $154,877 $194,164
2023 $30,500 $349,900 $154,877 $195,023
2022 $29,050 $335,755 $154,877 $180,878
2021 $29,125 $335,753 $154,877 $180,876
2020 $28,361 $371,735 $154,877 $216,858
2019 $27,534 $363,370 $154,877 $208,493
2018 $28,135 $370,023 $154,877 $215,146
2017 $28,895 $315,050 $154,878 $160,172
2016 $29,161 $312,918 $154,878 $158,040
2015 -- $251,904 $154,878 $97,026
Source: Public Records

Agents Affiliated with this Home

  • Andrew Anderson

    Seller's Agent in 2016

    Andrew Anderson

    Douglas Elliman Real Estate

    (212) 727-6153

    5 in this area

    115 Total Sales

    Andrew Anderson
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Bruce Ehrmann

    Douglas Elliman Real Estate

    (212) 965-6035

    7 in this area

    52 Total Sales

    Bruce Ehrmann
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10031501

Real Estate Board of New York (REBNY)

APN: 0149-1217

New York New York County New York 10007 Tribeca

71 Reade St Unit PHA, New York, NY

This home is located at 71 Reade St Unit PHA, New York, NY 10007 since 28 July 2015 and is currently estimated at $2,896,570. This property was built in 2015. 71 Reade St Unit PHA is a home located in New York County with nearby schools including P.S. 397 Spruce Street School, Lower Manhattan Community Middle School, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

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