Slate Property Group and Avenue Realty Capital have acquired 45 White Street, a seven-story multifamily rental building in Tribeca, Manhattan, marking the partnership’s second acquisition in the neighborhood within the past six months. The partners purchased the 33,500-square-foot property from Benchmark Real Estate Group for $32 million, with financing provided by White Oak Real Estate Capital.
45 White Street contains 16 rental apartments ranging from one- to four-bedroom layouts. According to the announcement, the residences feature high ceilings, oversized windows, central air conditioning, and high-end finishes. Amenities at the property include a fitness center, children’s playroom, and bicycle storage. The building also includes 2,000 square feet of commercial space.
Originally constructed in 1868 as a commercial office building, 45 White Street was converted to residential use in 2009. The property is located within the Tribeca East Historic District and includes a cast-iron façade. The acquisition follows Slate and ARC’s purchase of 81 Franklin Street for $30 million in fall 2025, a nearby six-story property with 11 loft-style residences. The firms have also partnered on other New York City projects, including The Katharine at 118 West 13th Street in Greenwich Village and 600 Columbus Avenue on the Upper West Side.
Transit nearby 45 White Street includes the A, C, and E trains, as well as the 1, 2, 3, 4, 5, 6, N, Q, R, and W lines.
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Reminds me of the streetscape and building from “The First Wive’s Club”.
Oh, the very high rent will now be going up again.
It’s Tribeca dude maybe save your tears for a gentrifying neighborhood
Remind me what that building is next to 45 White street..
Try google