The Broad Exchange Building, 25 Broad Street

Condo located in Financial District, between Exchange Place & Beaver Street

Description of The Broad Exchange Building at 25 Broad Street

In 1902, the Broad Exchange Building at 25 Broad Street was the largest (by floor area) and highest-valued office building in New York City. Today, the landmarked Beaux-Arts beauty is a luxury condo with 308 one- and two-bedroom units.

The restored historic lobby features marble walls, gold leafing, artistic terrazzo floors, and sweeping marble staircases. The 8,000-square-foot amenity suite features around-the-clock concierge, bike storage, a fitness center with a yoga room, a lounge, a game room with billiards tables, a golf simulator, a children’s playroom, a pet spa, and a catering kitchen. The roof deck offers an outdoor playground, a kitchen, barbecue grills, and outdoor showers.

The building sits within a short walk to several subway stations, Battery Park, a Whole Foods supermarket at One Wall Street, and Downtown’s ever-growing cachet of shopping and dining venues.

Building Facts

Year Built: 1902

Converted Year: 2019

Building Type: Condo

Neighborhood: Financial District (Manhattan)

Minimum Down Payment: 20%
Total Apartments: 308

Total Floors: 21

Doorman: FT Doorman

Pets: Allowed

Apartment Pricing Stats

$1,304

Avg. Price / ft²

Apartments for Sale (14)

$88

Avg. Price / ft²

Apartment for Rent (1)

$1,183

Avg. Price / ft²

Recent Sales (49)

Building Amenities

Attended Lobby
Concierge
FT Doorman
High-Rise
Pre War
Resident Storage
Central AC
Health Club
Rooftop Terrace
Washer/Dryer in building
Elevator
Mail Room
Children's Playroom
Lounge
Fitness Center
Rooftop Terrace
Outdoor Entertainment Space
Courtyard
Laundry Room
In-Unit Washer/Dryer
Bike Room
Fireplaces
Game Room
Landmarked
Live-In Superintendent
Pet Grooming / Pet Services
Terraces / Balconies
Golf Simulator

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Apartments for Sale at 25 Broad Street (14)

Available Apts

$945K - $2.75M

Price Range

$1,304

Avg. Price / ft²

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Apartments for Rent at 25 Broad Street (1)

Available Apts

$4,995

Prices Start At

$88

Avg. Price / ft²

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The Broad Exchange Building: Rating

Out of 44

Out of 36

Out of 39

#13 Rated condo - FIDI - BPC
#8 Rated condo - Financial District

Carter Horsley's Review of The Broad Exchange Building

"This very handsome 21-story building at 25 Broad Street is one of the most impressive in Lower Manhattan and was erected as the world's largest building in 1902.

It is known as The Exchange and is located on the southeast corner of Broad Street at Exchange Place and is one block south of the New York Stock Exchange. " Read Carter's Full Review

Pros

Very distinguished architecture
Spectacular large lobby
Very short walk to the NYSE and Wall Street
Not far from subway stations
Health club
Storage space
Sundeck
Concierge
Doorman
High ceilings

Cons

Many apartments
No sidewalk landscaping
No balconies

Broker & Buyer Comments

"5 Star luxury amenities, Federally Landmarked Pre-War Building. One of city`s grandest lobbies: original 19th Century marble-clad walls, 18ft coffered ceilings, sweeping marble staircase, and 24/7 Platinum Glove concierge service. Private Health Club and Spa, men`s and women`s sauna, steam, and changing rooms, and state-of-the-art fitness equipment. Reisdent`s lounge with tea room & bar, film screening room, private dining room with catering kitchen, children`s playroom, on-site laundry and valet, roof deck, storage facilities. No board yet, new development condo conversion. 5 minutes to many Subway lines--J,M,Z,4,5,2,3,R,W. Stone Street is an up and coming nightime hotspot. Tiffany`s just opened their second store in Manhattan on Wall Street, Hermes is next door, Canali just signed a ground floor lease in the building--this area is becoming the "New Madison Avenue." NYSE is across Broad Street. The Financial District is currently experiencing an enormous renaissance, very strong rental market, and providing great upside potential for purchasers and investors. The Financial District is the location of the 4 largest public works projects in the entire USA right now--Fulton Street transit hub, Ground Zero Path station, JFK connection to lower Manhattan, and underground walkway and mall connecting East side to West side of island."

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Area Map | StreetView

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Subways

at Nassau and Cedar 0.03 miles

at Broadway and Rector 0.11 miles

at William and Cedar 0.12 miles

at Trinity Pl 0.14 miles

at Greenwich 0.17 miles

at Broadway 0.31 miles

at Church and Park Pl 0.45 miles

Sales History

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Sales Summary - Past 12 Months

View By Apartment Sizes

Past 12 Months

$1,183

Avg. Price / ft²
Based on 45 Sales

Closing History - Last 10 sales

Units Sold

$779K - $1.7M

Price Range

$1,068

Avg. Price / ft²

View All Closed Transactions

Pricing Comparison of Similar Buildings

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The Broad Exchange Building in the News

From Future New York As New York prepares to roll back COVID restrictions, see new development sponsor listings and buildings

Tuesday, March 1, 2022

From Great Listings New Listings: Spacious 2-Bedrooms under $2 Million

Wednesday, February 23, 2022

Check out the best new bargains in the five boroughs (Jul 5, 2019)
Sales launch on FiDi condos in landmarked Broad Exchange Building from $885K (May 22, 2019)
10 Things to Know About the Massive Broad Exchange Building Conversion (Dec 11, 2018)
Commission approves demolition of a wing at 25 Broad Street (Apr 24, 2007)
Plans to "shave" off back of 25 Broad Street advance (Apr 13, 2007)
Marketing starts for Setai New York condos at 40 Broad Street (Sep 11, 2006)
Swig Equities plans adding 9 floors to 6-story buildings on Upper West Side (Jul 28, 2006)
Major Lower Manhattan landmark being converted to condominiums (Oct 5, 2005)

CityRealty Indices:

Large Condos

Alternate Addresses

44 Exchange Place
44-60 Exchange Place
60 Exchange Place

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The Broad Exchange Building, 25 Broad Street

Condo located in Financial District, between Exchange Place & Beaver Street

Description of The Broad Exchange Building at 25 Broad Street

Building Facts

Apartment Pricing Stats

Building Amenities

Apartments for Sale at 25 Broad Street (14)

Apartments for Rent at 25 Broad Street (1)

The Broad Exchange Building: Rating

Architecture Rating: 29 / 44

Location Rating: 30 / 36

Features Rating: 18 / 39

CityRealty Rating Reference

Carter Horsley's Review of The Broad Exchange Building

Broker & Buyer Comments

Area Map | StreetView

Subways

Sales History

Sales Summary - Past 12 Months

Closing History - Last 10 sales

Pricing Comparison of Similar Buildings

The Broad Exchange Building in the News

CityRealty Indices:

Alternate Addresses

Similar Buildings

Nearby Apartments

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