4 Staple Street Compound Price Drops to $22 Million
The Tribeca compound returns to the market with an $8 million reduction in its original asking price for interested buyers.
Updated on Oct. 26, 2026 in Commercial
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The residential compound at 4 Staple Street in Tribeca returned to the Manhattan real estate market in September 2026 with a $22 million price tag. This listing follows an earlier attempt to sell the property, which was briefly removed from the market in August 2026.
Why it matters
The current asking price reflects a significant adjustment from the original $30 million price point set in November 2025. This $8 million decrease offers a case study for buyers and sellers in high-end urban real estate navigating shifting property valuations.
The property is now listed for $22 million, down $8 million from its original 2025 asking price. This adjustment represents a 27% decrease for the compound, which spans a historic townhouse and additional commercial space.
The players
4 Staple Street
A historic residential compound in Tribeca featuring a townhouse and associated commercial space.
67 Hudson Street
The site of the commercial space integrated into the larger residential property.
The details
The owners acquired the townhouse for $1.7 million in 2002 and later expanded their holding by purchasing a basement-level commercial space at 67 Hudson Street for $840,000 in 2008. Over two decades, they integrated salvaged industrial design elements throughout the 1868 structure. The current marketing highlights the potential for adding three stories to the townhouse, though any such expansion remains subject to local zoning review and municipal approvals.
Timeline
The owners purchased the 4 Staple Street townhouse in 2002.
The commercial space at 67 Hudson Street was added to the holdings in 2008.
The property first appeared on the market in November 2025.
The asking price was reduced by nearly 27% in May 2026.
The property was removed from the market in August 2026 before returning in September 2026.
Money Landscape
This listing tracks with the broader trend of high-end Tribeca properties that have seen price corrections following the initial post-2020 valuation surge. The adaptation of industrial-era structures for residential use remains a hallmark of luxury real estate evolution in Manhattan.
Prospective buyers should note that the current price reflects a 27% decrease from the initial listing, highlighting the importance of verifying comparable sales data when evaluating unique urban assets. Consult with a qualified real estate attorney regarding the risks and approvals required for potential future vertical expansions.
The takeaway
Large-scale residential compounds often require significant price adjustments to align with current market demand when owners seek liquidity. Keep track of how price reductions on high-end properties in your neighborhood impact broader market expectations for your own home's value.
Further reading
For more on local market shifts, see our Commercial section.
Source note: This article includes information reported by New York Post.
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