A classic building reimagined for modern condo living
Occupying a full city block in Lower Manhattan, the restored neoclassical building at 108 Leonard Street was originally home to the headquarters of New York Life Insurance. Built in 1898 and partly designed by McKim, Mead & White, the white marble façade is adorned with ornate details and topped with a working clock tower. “You’ll never see it again, you can’t build it again,” says Elena Sarkissian, Director of Sales for 108 Leonard. In the late 1920s the Italian Renaissance palazzo-inspired building became the site for city courts and government offices and the building was officially landmarked before its conversion into condominiums, which opened in 2019. The clock tower, which was originally hand-wound, became electric and is connected to an 8,770 square feet penthouse triplex residence, which has never been listed.
One-bedrooms to elevated penthouses with classic meets contemporary design
To transform 108 Leonard’s interior spaces, Jeffrey Beers International was enlisted to oversee the design. “We’re not a view-driven building, we’re an interiors-driven building,” Sarkissian says. That’s evident from the double-height lobby with its cascading staircases and Corinthian columns. “The whole design aesthetic is to juxtapose these grand elements with a fresh contemporary feel,” she says. The units themselves have Chevron-patterned oak floors and Italian Scavolini kitchens with marble countertops and Miele appliances. A two-bedroom with en suite bathrooms and a walk-in closet costs at least $3.2 million.
The 16-story building’s 167 units include one to four-bedroom residences, as well as a few more spacious penthouses. The 14th and 15th floors are reserved for the Crown Collection, 11 one-of-a-kind penthouse units with fireplaces and varying ceiling heights, above 15 feet. A rare five-bedroom triplex with a large outdoor terrace, stately arched windows with downtown views, expansive gallery spaces and a private internal elevator has been listed for over $24 million.
Extensive rooftop views and in-building fitness facilities
On the roof of 108 Leonard firepits and cabanas signal gathering spaces for residents. “The rooftop is really spectacular,” Sarkissian says, “For a 16-story building in Tribeca you have a full gorgeous view from Hudson Yards through the Midtown skyline. You see into FiDi, the Freedom Tower.” A sundeck and meditation lounge are also available for relaxation. In the lower level of the building a wine cellar and dining room, private lounge spaces and a fitness center all cater to residents. Bonus: there’s a large indoor pool, too. “The pool is definitely a main attraction. It’s 75 feet and has a dry and wet sauna and a jacuzzi, so it feels like a vacation, in Tribeca,” Sarkissian says. The limited in-building parking spaces are sold out, but many residents opt to use spaces in the nearby rental garage.
Walkability to Tribeca and the Canal Street subway hub
Occupying the block between Lafayette and Broadway, 108 Leonard can lay claim to the neighborhoods of Tribeca and Civic Center, with Chinatown nearby. North of multiple federal buildings, the small greenspace of Collect Pond Park provides a small reflection area. Restaurants like Serafina and 1803 are less than a 10-minute walk away, and groceries can be found at Gourmet Garage of Tribeca, a block north, off Franklin Street. Commuters to the World Trade Center can take a 15-minute walk, with the rest of Manhattan accessible via the Canal Street subway hub, including the 6 train, J and Z, and the N and Q, R and W trains.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Very Bikeable
Bike Score®
89/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Thomas Paine Park
2 min walk
Trails
Concessions
Collect Pond Park
2 min walk
Picnic Area
Trails
African Burial Ground National Monument
4 min walk
Picnic Area
Trails
Multi-Purpose Field
Columbus Park
4 min walk
Tribeca Park
6 min walk
Trails
Duane Park
8 min walk
Trails
City Hall Park
8 min walk
Picnic Area
Trails
Parking Lot
James Madison Plaza
9 min walk
Picnic Area
Trails
Drumgoole Plaza
9 min walk
Trails
Parking Lot
Schools
Source:
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