Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
240 CENTRE Street #4R
Interested in this property?
Active For Rent Co-op

$24,995/mo

240 CENTRE Street #4R

Little Italy, Manhattan

The Police Building

MLS® #RLS20096550

RLS at REBNY

Listing by Douglas Elliman Real Estate

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

3

Bedrooms

3

Baths

N/A

Sq. Ft.

1909

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1909
Ownership Co-op
Neighborhood Little Italy
Floor 4 of 5

Property Highlights

  • Climate Control: Central Air
  • Character: Pre-war building (1909)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full
Floor 4 of 5
Cooling Central Air
Pets Yes
Year Built 1909
Structure Type HighRise
Furnished Unfurnished
Basement Other
Parcel # 0472-1002-00240-000-000004R
Block/Lot 00472/7501

Listing History

Event Date Price Change
Listed Jun 9, 2026 $24,995 -
Currently Jun 10, 2026 $24,995 -

Description

Welcome to Residence 4R at the iconic Police Building, located at 240 Centre Street. Available for the first time in over a decade, this exceptional three-bedroom, three-bathroom loft offers approximately 2,000 square feet of living space with soaring 15-foot ceilings throughout. Bathed in natural light from oversized, projecting windows, the residence combines dramatic scale with thoughtful modern design. Configured as a unique duplex loft, the home offers remarkable volume, flexibility, and architectural character within one of Downtown Manhattan's most celebrated landmark buildings. The open-concept layout features expansive living and dining areas, rich hardwood floors, and a mezzanine level that enhances the sense of space. Custom-built closets and bespoke millwork throughout reflect the apartment's meticulous attention to detail. The main level is anchored by a spacious living room, open kitchen, and dining area, all framed by oversized windows and enhanced by newly installed CityQuiet soundproofing. Two generously sized bedrooms, each with an en-suite bathroom, are also located on this level. The custom-designed kitchen is fully equipped with premium appliances, including a refrigerator, freezer, oven, dishwasher, and a Miele washer and dryer. Occupying the entire upper level, the private primary suite serves as a serene retreat overlooking the living space below through elegant pocket doors. This level features a fully reimagined bedroom and a custom-built dressing room, creating a luxurious and private sanctuary. Originally designed by renowned architects Hoppin & Koen, the Police Building was converted into a residential condominium in the 1980s and is listed on the National Register of Historic Places. This landmarked six-story, full-service white-glove building is distinguished by its timeless elegance, exceptional craftsmanship, and the exclusivity of a private club atmosphere. Residents enjoy an unparalleled suite of amenities, including a 24-hour doorman and concierge, live-in resident manager, fitness center, and beautifully landscaped private garden. Ideally situated in the heart of Lower Manhattan, the building is moments from some of the city's most acclaimed restaurants, including Pietro Nolita, Balthazar, Boqueria, Blue Ribbon Sushi, and Raoul's, as well as premier grocery destinations such as Whole Foods Market, Eataly, and Gourmet Garage. Convenient access to the A, C, E, B, D, M, N, R, 4, 5, and 6 subway lines places the best of Manhattan within easy reach, while TriBeCa, NoHo, the Lower East Side, and other vibrant neighborhoods are just minutes away. No pets. Please note: The first month's rent and a one month security deposit will be due to the unit owner at lease signing. As 240 Centre Street is a cooperative building, the building's management company/board requires a board package to be completed and approved by the board. The following fees will be due to the building's management company/board upon lease application submission: Application Processing Fee (Non-Refundable) $300 Move In Deposit (Refundable) $500 Move In Fee (Non-Refundable) $300 Background Report Fee (Non-Refundable) $125 per applicant, additional $75 if board requests a criminal background check

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

Building Courtyard

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Rental Details

Available

7/1/2026

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$24,995

Security Deposit

$24,995

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.

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Location

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240 CENTRE Street #4R, Little Italy, New York County

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

1909
Year Built
117 years old
8
Floors
54
Residential Units
C6-2G
Zoning District
Condominiums NYC Landmark

Tax & Assessment

Assessed Value: $21,171,600
Land Value: $2,441,250
Exemptions: $6,222,190

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 29,375 SF
Building Area: 138,120 SF
Built FAR: 4.7
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1909, making it approximately 117 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or [email protected].

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20096550
First Listed: 6/9/2026
On Market: 6/9/2026
Price Changed: 6/9/2026
Contract Date: 6/9/2026

Listing Courtesy of Douglas Elliman Real Estate - Pierre Cadourcy

Listing Contact: (917) 528-8249

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/10/2026 at 6:35 AM UTC

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