Tribeca Townhouse Compound Returns to Market at $22 Million

The historic 1868 property at 4 Staple Street is back on the market after a significant price reduction.

Updated on Oct. 26, 2026 in Commercial

Tribeca Townhouse Compound Returns to Market at $22 Million

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The residential compound at 4 Staple Street in Manhattan returned to the market in September 2026 with a $22 million asking price. This figure represents a nearly 27 percent decrease from its original $30 million listing price established in November 2025.

Why it matters

The owners are selling the property as their work increasingly requires travel and they spend time at their Rhode Island residence. The compound offers a unique combination of a historic townhouse and a separate commercial space in Tribeca.

The 1868 townhouse sits on a 38.5-foot wide lot and includes a separate commercial space located at 67 Hudson Street. The owners originally purchased the townhouse for $1.7 million in 2002 and later acquired the commercial unit for $840,000 in 2008.

The details

The compound features private gated parking and incorporates salvaged industrial elements throughout the historic structure. Developers or buyers may potentially add three additional stories to the townhouse, though such plans remain subject to city zoning review.

The owners purchased the 4 Staple Street townhouse in 2002.
The owners purchased the commercial space at 67 Hudson Street in 2008.
The property first hit the market in November 2025.
The asking price was slashed in May 2026.
The property was taken off the market in August 2026.

Culture Shift

The property's expansion potential is defined by the New York City Zoning Resolution, which dictates the allowed height and floor area for buildings in the Tribeca district. This project reflects a broader trend of repurposing historic industrial spaces into luxury urban compounds.

Prospective buyers should note the property includes a separate basement commercial space which may require navigating unique maintenance and leasing considerations. Potential structural expansion depends entirely on future city zoning approvals and local building committee reviews.

The takeaway

Luxury properties in historic districts often see price corrections after extended periods on the market as sellers adjust to shifting demand. Buyers interested in such compounds should carefully research the local zoning history before assuming major vertical expansions are permitted.