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Research Memo · Manhattan

Tribeca.

Senior finance/tech, 38-48, dual-income, often relocating from UWS or downtown

Generated ·By Conquest Advisors · Denza·Cohort: 66 active · median $3.8M · $1,842 PSF·⤓ Download PDF
Sources

Where this memo's data comes from.

We cross-check every claim against multiple authoritative sources before generating the essay. If a source disagrees or is missing, we say so.

Cotality · REBNY RLS (active inventory)as of May 12, 2026
Active
66
Asking · median
$3.8M
PSF
$1,842
Cotality active feed in our pipeline does not currently include closed-sale rows; sold-side metrics are sourced from ACRIS.
Sold · 12mo
145
Sold · median
$4.2M
Trust rules applied to this memo
  • Only one closed-sale source (acris) is available. Cite the source by name when referencing sold-side numbers.
§1 · Underwriting Snapshot
Active Inventory
66
listings on market
Active · Median
$3.8M
all bedroom counts
Median PSF
$1,842
$/sqft · live cohort
Median DOM
days on market
Sold · 12mo (ACRIS)
145
closed deeds, ≥$50K
Sold · Median (ACRIS)
$4.2M
ground truth · NYC.gov
§2 · The Read

The cohort, in plain terms.

Tribeca's active inventory sits at 66 listings with a median ask of $3,772,500 and a median asking PSF of $1,841.67. That asking PSF positions the neighborhood materially above SoHo's current ~$1,500 PSF range and roughly in line with West Village trophy product, reflecting the persistent premium buyers assign to Tribeca's cast-iron and converted-warehouse stock. The six active loft listings and three new-construction units represent a thin slice of that total, underscoring how tightly the resale condo market dominates available supply. Days on market data is not currently available in the active feed.

On the closed side, ACRIS records 145 deeds in the trailing 12 months at a $4,150,000 median — a figure that runs $377,500 above the current median ask, a spread that reflects compositional differences between what traded and what currently sits unsold rather than any straightforward price movement. Building-level ACRIS data sharpens the picture considerably. 200 Chambers Street led all addresses with 15 closings at a $5,350,000 median and carries no current inventory, suggesting strong absorption at the upper tier. 101 Warren Street logged 10 closings at a $4,025,000 median against two active asks at $5,075,000, a 20.7% gap between median sale and median ask that warrants attention from anyone underwriting resale assumptions. 111 Murray Street and 56 Leonard Street each recorded 10 and 6 closings respectively — at medians of $3,550,000 and $4,812,500 — but their single active asks of $13,250,000 and $15,750,000 produce gaps of 73.2% and 69.4% versus those medians; both of those active asks represent singular ultra-luxury units that are not representative of building-wide transaction levels, and the asking PSFs of $4,055 and $4,621 at those two addresses exist in a distinct stratum from the neighborhood's $1,841.67 active median. Taken together, Tribeca's active market reflects a bifurcated ask structure where a handful of high-PSF new-construction and penthouse listings skew the upper range, while the bulk of the 66 active units cluster around a more moderate ask, and ACRIS-verified volume of 145 annual closings confirms the neighborhood maintains consistent transactional depth relative to peers like the Financial District, where annual deed counts run lower against a comparably sized active base.

§3 · Loft + New Construction

The two cohorts you actually came for.

Active loft conversions

Pre-1930 envelope · ≥1,200 sqft · condo or condop

  • 60 White Street · 2-W
    2BR · 1,962 sqft · 1869 · PSF $2,166
    $4.3M
  • 75 MURRAY Street
    6BR · 15,000 sqft · 1858 · PSF $1,067
    $16M
  • 257 W 117TH Street · 1C
    1BR · 2,319 sqft · 1892 · PSF $1,078
    $2.5M
  • 87 Leonard Street · PHB
    3BR · 3,612 sqft · 1860 · PSF $4,153
    $15M
New construction

Built 2020+ or sponsor sale

  • 219 HUDSON Street · 6D
    2BR · 1,152 sqft · 2022 · PSF $2,166
    $2.5M
  • 110 CHARLTON Street · 14D
    2BR · 1,466 sqft · 2020 · PSF $2,626
    $3.9M
  • 110 Charlton Street · 17E
    2BR · 1,466 sqft · 2020 · PSF $2,558
    $3.8M
§4 · Building Leaderboard

Per-building liquidity, side-by-side.

Asking-side data from the active Cotality (REBNY RLS) feed. Closing-side data from ACRIS deeds (NYC.gov), last 12 months, ≥ $50,000 consideration only — gifts and intra-family transfers excluded. Median throughout; the high/low pair is the actual range across all units in that building.

BuildingActive asksAsking range (low · median · high)Closings · 12moClosing range (low · median · high)Liquidity
01
200 Chambers Street
15
$1.3M·$5.3M·$8.7M
No current inventory
02
101 WARREN Street
Built 2006
2
$4.7M·$5.1M·$5.5M
$2,245 PSF (median)
10
$2.2M·$4.0M·$12M
ask
sale -20.7% vs ask
Liquid
ratio 5×
03
111 Murray Street
Built 2018
1
$13.3M·$13.3M·$13.3M
$4,056 PSF (median)
10
$2.0M·$3.5M·$28.1M
ask
sale -73.2% vs ask
Liquid
ratio 10×
04
56 LEONARD Street
Built 2015
1
$15.8M·$15.8M·$15.8M
$4,621 PSF (median)
6
$2.5M·$4.8M·$17.4M
ask
sale -69.4% vs ask
Liquid
ratio 6×
05
46 Lispenard Street
5
$3.3M·$3.5M·$3.7M
No current inventory
06
100 Reade Street
4
$1.4M·$3.1M·$4.6M
No current inventory
07
100 Franklin Street
4
$3.0M·$3.3M·$3.4M
No current inventory
08
7 Harrison Street
4
$5.2M·$5.4M·$8.5M
No current inventory
09
5 Franklin Place
Built 2015
1
$1.1M·$1.1M·$1.1M
$1,597 PSF (median)
3
$1.6M·$2.9M·$3.0M
ask
sale +149.8% vs ask
Liquid
ratio 3×
10
303 Greenwich St
3
$810K·$2.2M·$2.5M
Insufficient data
Asking range: low / median / high of list_price across all currently-active listings in the building (Cotality REBNY RLS). Median, never average — resistant to a single high-end outlier.
Closing range: low / median / high of document_amt from ACRIS recorded deeds at this building’s tax block + lot, last 365 days. Excludes deeds < $50,000 — gifts, intra-family transfers, nominal $1 deeds.
Liquidity: ACRIS closings ÷ active asks. ≥ 2× = Liquid · 1-2× = Active comps · 0.25-1× = Thin trading · < 0.25× = No recent sales. Sold-out buildings (≥4 closings, 0 active) get “No current inventory”.
Discount-to-ask: median ACRIS closing price ÷ median active asking price − 1, computed only when both numbers are present at the building level.
Distribution strip plot: each teal dot = one ACRIS closing in the last 12 months. Brass vertical line = median active asking price. If the line sits to the right of the cluster, asking is above where deals actually clear; inside the cluster = at-market; left of the cluster = ask is below recent prints.
§5 · Buyer Memo

If I were representing a buyer here today.

Senior-broker memo, not investment advice. Compliance: we are a brokerage; this is tactical posture, not a recommendation.

Tribeca Buyer Memo — Private

Tribeca's active cohort (66 units, median ask $3.77M, $1,842 PSF) is carrying meaningful ask-side inflation against where ACRIS shows deals actually clearing.

1. Inventory aging to pressure: 101 Warren Street, 111 Murray Street, and 56 Leonard Street all show active asks sitting dramatically above ACRIS-verified closing medians — gaps of 21%, 73%, and 69% respectively. These are your negotiating targets; the ask-side numbers are fiction relative to the transaction record.

2. New construction to tour first: The three active new-construction listings in the neighborhood warrant first looks — at $1,842 median PSF across the cohort, sponsor units may offer better basis and cleaner title than resale loft product.

3. Off-market angle: 200 Chambers Street — 15 ACRIS closings at a $5.35M median with zero current inventory suggests a building worth a cold approach to the building's resident manager or board-adjacent contacts.

ACRIS shows 145 closings over 12 months at a $4.15M median — come in at or below that watermark and hold the line.

§6 · Commute decoded

Time-on-the-clock, not distance-on-a-map.

Wall Street
Transit
8m
Walking
18m
Hudson Yards
Transit
16m
Walking
45m
Bryant Park
Transit
14m
Walking
38m
§7 · Cohort profile

Who actually buys here.

Median age
41
years
HHI · p50
$285K
median household income
HHI · p75
$510K
75th percentile
Owner-occupier
53%
of unit stock
Top industriesFinanceTechMedia

Cohort indicators sourced from public US Census ACS 5-year + Denza first-party transaction data. Refreshed quarterly.

§8 · Frequently asked

Direct answers, in advance.

What's the median price in Tribeca?

Across 66 active listings, Tribeca's median list price is $3.8M at $1,842 per square foot. Days-on-market data is sparse for this cohort.

What kinds of buildings dominate Tribeca?

6 active loft listings (pre-1930 envelope, ≥1,200 sqft, condo or condop). 3 new-construction or sponsor-sale listings active. Top building by transaction volume in the past 12 months: 200 Chambers Street.

How does Tribeca compare to neighboring areas?

Our research memo compares the Tribeca cohort to peer neighborhoods on PSF, building age, and active inventory. Read the §2 essay for the side-by-side. Tap any of the comparable-neighborhoods cards below to read the corresponding memo.

Can I work with a Denza broker for Tribeca?

Yes. Conquest Advisors is an active New York real estate brokerage; our AI handles initial discovery and a licensed broker negotiates and closes. AI-only path rebates up to 1.5% of the buyer-side commission at close. Full concierge with broker representation rebates up to 0.75%.

Where does the data come from?

Active listings: REBNY-licensed Cotality (CoreLogic) Trestle MLS feed, refreshed every 6 hours. Cohort indicators: US Census ACS 5-year. Citation-only headlines: Miller Samuel public Elliman reports. None of this redistributes raw MLS rows; we publish only neighborhood-level aggregates and per-listing pages with full attribution to the listing brokerage of record.

§9 · Comparable neighborhoods

If this cohort is too tight, look here next.

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