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The Glass House on Reade
One of Tribeca's most architecturally significant homes, 156 Reade Street stands as a rare convergence of design, history, and innovation. Lauded in numerous architectural texts, this masterpiece was conceived by renowned architect John Petrarca as his personal residence. Its striking facade reinterprets downtown's iconic cast-iron streetscape through a modern lens, setting a new benchmark for contemporary architecture.
Inside, every element has been meticulously crafted to balance both grandeur and livability. At once imposing and intimate, this home is a testament to the power of architecture to shape not just space, but experience.
Spanning an impressive 25' of frontage across six stories, 156 Reade offers five floors of masterfully designed, effortlessly livable single-family space atop a versatile retail level and a fully finished basement. Inside, expansive, light-filled spaces unfold, blending architectural precision with a sense of warmth and ease.
Layout
Entry - The residence begins with a first-floor mudroom, accented by reclaimed walnut paneling and leading to the private elevator.
Floor 2 - One floor up, you'll find the first bedroom level. Here, two sun-drenched bedrooms and two full bathrooms flank a sprawling bonus room, crowned by a full-ceiling skylight. This versatile space offers endless possibilities, serving equally well as a home gym, a child's playroom, or an expansive guest retreat.
Floor 3 - Ascend another level, and the full-floor primary suite reveals itself. The bedroom is accented by rich Merbau hardwood floors and a wall of south-facing windows. The suite boasts two walk-in closets, including a nearly 100sqft dressing room, and a spa-like bathroom encased in natural stone, complete with a walk-in shower, heated floors, and a deep soaking tub for ultimate relaxation.
Floor 4 - The fourth floor is the heart of the home, designed for both grand entertaining and intimate living. At its center, the great room unfolds with soaring double-height ceilings, framed by rich walnut paneling. The custom Bulthaup kitchen, anchored by an oversized island, seamlessly blends form and function, while a wood-burning fireplace encased in black Chinese quartzite creates a striking focal point. Beneath it all, heated limestone floors add warmth and texture, elevating the space with quiet luxury.
Floor 5 - Overlooking the great room, this open, airy level offers flexible space for an office, media lounge, or casual gatherings. A full bath with a steam shower adds spa-like comfort, while a dedicated laundry room enhances convenience.
Floor 6 - A bright, versatile den or an additional bedroom. Floor-to-ceiling glass doors open to a private rooftop terrace, seamlessly blending indoor and outdoor living. Complete with an enclosed kitchenette and unobstructed Freedom Tower views, it's perfect for alfresco dining, entertaining, or unwinding under the sky.
Retail - The ground floor includes a highly versatile retail space, ideal for supplementary income, a gallery, a studio, or residence expansion. With approvals, it could be converted into private parking-an invaluable asset in Tribeca.
Sustainable Design & Thoughtful Upgrades
The Glass House on Reade was designed with eco-friendly intentions and modern convenience in mind. Its double-insulated concrete core walls provide exceptional energy efficiency and sound insulation. Built for his own family, Petrarca prioritized natural, non-toxic materials and integrated an advanced air purification system for a healthier living environment. Additional features, include heated floors, motorized shades, and a heated sidewalk to aid in snow removal.
Meticulously maintained over the past two decades, this one-of-a-kind home remains true to the architect's original vision, while benefiting from significant recent upgrades. These include a new Kemper roof, elevator improvements, a new hot water heater, and upgraded HVAC pumps.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $11,040,000 | $11,040,000 | $11,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.611% | 6.484% | 6.178% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $62,684 | $68,875 | $93,162 |
Total Monthly Payment | $62,809 | $69,000 | $93,287 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.