Inside a $40 Million Townhouse in the Heart of Tribeca
Real estate investor Lucky Bhalla and his wife Laura brought a stunning $40 million home in New York City to market back in 2022, when the suburban mansion-sized Tribeca knockout sparked headlines for its rooftop pool. The lavish spread remains up for grabs in the celeb-loved neighborhood known for its historic commercial buildings and lofts. And though its staggering price tag remains the same, the Reade Street pad comes with refreshing appeal.
Originally a warehouse-style building, the six-story townhouse was realized after its 1910-built structure reached a state of disrepair, Mansion Global reports. The Bhalla’s rebuilt it over several years with architect Gregory Sharp of Case Development; the only remaining parts original to the building are the foundation and side walls. Renovations wrapped up in 2013, leaving behind a limestone-and-brick abode in the heart of one of Manhattan’s most coveted neighborhoods, with four bedrooms and seven baths, plus four powder rooms, spread across almost 10,600 square feet.
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Towering over a sunlit sidewalk, the fa?ade’s subtle appearance is accentuated by custom steel windows imported from England. A grand foyer, complete with a spiral staircase and geometric-patterned flooring, welcomes you into the home below a soaring 24-foot ceiling. The nearby chef’s kitchen includes one of the home’s nine fireplaces, along with an oversized Lacanche stove, a breakfast nook, and access to a pint-sized patio. The uplit arched ceiling and the boldly veined counter tops enhance the home’s modernity.
The second floor houses a spacious living room with a street-facing balcony as well as an oval dining room with custom lacquered walls and an adjacent stainless-steel butler’s pantry. The primary suite takes over the entire third floor and incorporates an oversized bedroom with a fireplace, French doors to a Juliet balcony and two walk-in closets. Custom, floor-to-ceiling marble mosaic tile elevates the en-suite bath, which includes another fireplace.
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Two other bedrooms with en-suite baths are located on the fourth floor, while another sits on the fifth level, alongside the home’s stunning wood-paneled library and a wet bar. The sixth floor is dedicated to relaxing, both indoors and outdoors. Two terraces, one with a 17-foot pool and an outdoor shower, and the other with a summer kitchen, flank a fireside penthouse lounge and bathroom. A commercial-grade elevator services all floors, including the basement, where a cinema room, gym, and wine cellar will keep you fit and entertained, while radiant heated floors keep the feet warm on the coldest of winter days.
Vickey Barron of Compass holds the listing.
Click here for more images of the Reade Street townhouse.
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