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85 Leonard St Unit Ph
Listing Notes
Penthouse Perfection at 85 Leonard - A Rare Tribeca Showpiece Welcome to one of Tribeca's most extraordinary residences: a spectacular 3, 320 SF duplex penthouse offering 3 bedrooms plus a home office, 3.5 baths, and nearly 2, 400 SF of private outdoor space-creating over 5, 700 SF of seamless indoor-outdoor living, all with remarkably low monthlies. Arrive directly via private key-locked elevator into a dramatic 31' x 23' great room featuring soaring 10-foot ceilings, a fireplace, and signature arched windows that flood the space with natural light. A striking skylit staircase anchors the home, illuminating the interiors from three exposures. The chef's kitchen is designed to impress, highlighted by a massive Carrera marble island, top-tier appliances, and a custom-built dining banquette perfect for both everyday living and entertaining. The main level offers a serene primary suite with a generous walk-through closet and spa-inspired bath, a second bedroom with ensuite bath, a den or home office, powder room, and laundry. Upstairs, the penthouse lounge offers remarkable flexibility-easily functioning as a second primary suite with an ensuite five-fixture bath. Floor-to-ceiling folding glass doors open fully onto the wraparound terrace, creating breathtaking indoor-outdoor living with sweeping city views. An additional bedroom completes the upper level. Step outside to experience two truly exceptional outdoor spaces. A 1, 000+ SF wraparound planted terrace offers the perfect setting for entertaining and dining, while the expansive 1, 300+ SF rooftop terrace features a private putting green, generous lounging areas, and panoramic views of New York City's iconic skyline. Additional highlights include a private locked 326 SF storage room. Located in a historic cast-iron landmark designed by James Bogardus, this intimate boutique building contains just five residences and sits moments from SoHo, the Hudson River Park, world-class dining, shopping, and multiple subway lines. A private parking garage conveniently located across the street adds further convenience. 85 Leonard's penthouse is a truly rare offering-an architectural gem combining historic character, dramatic scale, and exceptional outdoor living in the heart of Tribeca.
Market Insights
$2351/sqft vs a nearby median of $2534/sqft.
- -7.2% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,400 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 19.5% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$224k +2.5%
- Pre-war character+$224k +2.5%
- High-density walkability+$179k +2.0%
- Visible condition issues−$45k −0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 29 days
- Last price change
- No change recorded
- Listed
- Apr 13, 2026
- Photos
- 22 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 1910
- Stories
- 5
- Total units
- 9
- Residential units
- 5
- Building area
- 21,246 sqft
- Lot size
- 3,125 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.