A Tribeca condo close to parks, restaurants and the Hudson River
Reade House, a 10-story brick building on the corner of tree-lined Greenwich and Reade streets, “is a great Tribeca condo in a perfect location,” says Timothy Malone, a Compass agent who has done business in the building. The red-brick building was built in 1988, part of Tribeca’s shift from a neighborhood full of warehouses and manufacturers to a desirable residential area. It was, in fact, the fifth and final tower to go up in the neighborhood after a special zoning district was established to encourage residential development, according to an article in The New York Times published the year it opened. Since then, Tribeca has shifted to a hip ’hood and dining destination. Designed by Rothzeid Kaiserman Thomson and Bee, now known as RKTB Architects, the building takes inspiration from other midsize buildings along Greenwich Street. But its green trim is a nod to Washington Market Park, just across the street, according to the Times. There’s also a column of oversized, three-sided windows at the corner of the building, and all units get good light because of the relatively low-rise buildings around it. There aren’t a lot of amenities, but, on the other hand, Reade House is “well run,” and “common charges are extremely appealing,” Malone notes. “The one downside is the lobby and hallways need renovating,” he says.
Thoughtful layouts with excellent closet space
There are 80 units at Reade House, ranging from studios to four-bedrooms. The most common layout is a one-bedroom. Residences feature open living areas with pass-through kitchens, wood flooring and large windows. Many units have outdoor space, but washers/dryers are not permitted. Because of the building’s age, finishes in homes vary. For example, Malone sold such a one-bedroom in the fall of 2024 for $1.35 million. British interior designer Oliver Thornton helmed a makeover of the 750-square-foot space, pulling inspiration from Art Deco elements, according to Malone. As for the bones, “it had a perfect layout and great closet space,” the agent adds. The apartment’s unique design increased the price; another one-bedroom sold earlier that fall for just under $1 million. Those were the only apartments that hit the market in 2024, as turnover at Reade House is fairly slow. A two-bedroom sold in 2023 for $2.16 million, while a three-bedroom penthouse fetched just under $3 million in 2021. A four-bedroom duplex with a very large terrace sold for $3.5 million in 2019, while the last studio that sold was in 2017 for $715,000. However, that unit was converted to a one-bedroom by adding a wall and rented out in 2024 for $5,200 a month. There are several other investment properties in the building.
Roof deck and doorman among limited amenities
Reade House does not have a host of fancy amenities, but it does have a landscaped roof deck with tables, chairs and loungers, plus seasonal flowers and views of Manhattan. The condo is staffed with a full-time doorman and a live-in super. The lobby is indeed dated, with a wood desk, white walls and wood trim, and there’s a central laundry room and basement storage available. Common charges for a typical one-bedroom are about $942 a month, compared to a similar unit at the condo next door, where they are nearly $1,100 a month.
Walkable to the Hudson River and fine dining restaurants
Washington Market Park is across the street from the condo, offering walking paths, a lawn with a gazebo, a playground — which includes the S.S. Fun, a climbing structure shaped like a ship — and tennis and basketball courts (the former were updated in 2023). A year-round farmer’s market takes over part of the park on Saturdays. The Tribeca pedestrian bridge connects the neighborhood to the Hudson River and the greenspace surrounding it, plus the Battery Park City neighborhood. Gigino Trattoria serves up Italian fare about a block north while Laughing Man Cafe is around the corner on Duane Street. Modern French restaurant The Odeon and celebrity chef Marc Forgione’s eponymous eatery are also within a five-minute walk. The Borough of Manhattan Community College campus is just five minutes on foot from the condo, while Stuyvesant High School, one of the top-rated schools in the city, is about a six-minute walk. An elementary school is on the next block. For groceries, there’s a Whole Foods two blocks away.
A quick walk to the Financial District, with express trains nearby
Those working in downtown Manhattan may choose to walk to the office: the condo is within a 10-minute walk of the World Trade Center and City Hall. The local 1 train and the express 2 and 3 trains are two blocks away at Chambers Street, with the A and C trains two blocks further east, and the trip to Times Square takes about 15 minutes. West Street, which turns into the Westside Highway further uptown, is also just a few blocks from the condo. The ferry station, with service across the river into New Jersey, Brooklyn and Queens, is about a 10-minute walk.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Biker's Paradise
Bike Score®
91/ 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
Duane Park
2 min walk
Trails
Washington Market Park
3 min walk
Trails
Playground
Botanical Gardens
Battery Park City Ball Fields
5 min walk
Baseball/Softball
Soccer
Teardrop Park
7 min walk
Trails
Playground
Multi-Purpose Field
African Burial Ground National Monument
7 min walk
Picnic Area
Trails
Multi-Purpose Field
Tribeca Park
8 min walk
Trails
Nelson A. Rockefeller Park
9 min walk
Basketball
Picnic Area
Trails
City Hall Park
9 min walk
Picnic Area
Trails
Parking Lot
Hudson River Trail
10 min walk
Schools
Source:
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