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Historic 1860 cast iron building on prime tree-lined Tribeca block offering 18,740 SF, 3,000+ SF air rights, and significant redevelopment potential with ground-floor restaurant in place
105 Reade Street is a 50-foot-wide Italianate cast iron building designed by James T. Gilbert and constructed in 1860. Originally serving as a warehouse for Tribeca's chocolatiers, the site has deeper historical significance as the former location of a charitable house for women and children built by Pierre Toussaint, New York's first freed slave. The building sits in the Tribeca South Historic District on a tree lined stretch of Reade Street between Church Street and West Broadway, near Bogardus Plaza and surrounded by established neighborhood restaurants.
The structure offers 18,740 square feet above grade, 9,040 square feet below, and over 3,000 square feet in air rights. With C6-3A zoning,
The building includes two elevators and unusually generous basement spaces, with the basement offering 10 foot ceilings and the sub-basement providing 8 foot ceilings, both with light and air shafts. Architectural plans from Carlos Zapata, Fogarty & Finger, and Valerie Pasqiou are available for review. The building previously received Landmarks approval for a modern two story rooftop addition, though that approval has since expired. A ground floor restaurant currently occupies the retail space with an annual rent of $264,000, though the building is otherwise delivered vacant.
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