Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,100,000

· Closed October 24, 2022

240 CENTRE Street #4B
Closed For Sale Co-op

$4,100,000

240 CENTRE Street #4B

Little Italy, Manhattan

THE POLICE BUILDING

MLS® #RLS10804556

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1909

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Year Built 1909
Ownership Co-op
Maintenance $4,007/mo
Neighborhood Little Italy
Floor 4 of 5

Property Highlights

  • Exposure: West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1909)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full, 1 Half
Floor 4 of 5
Exposure West
Pets Yes
Cross Street GRAND STREET and BROOME STREET
Year Built 1909
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Aug 8, 2022 $4,395,000 -
Currently May 30, 2026 $4,100,000 -6.7%

Description

DRAMATIC & SOPHISTICATED DUPLEX
ULTIMATE NYC LIVING EXPERIENCE
16FT CEILINGS
2 BED / 2.5 BATH

We are thrilled to introduce this luxurious duplex located at the iconic Police Building. Known for its high caliber of service, majestic entrance, beautiful Parisian style garden and grand cupola, the Police Building is one of the premier addresses in New York City. This home is elegant, sophisticated and offers the ultimate in living experience.

This distinct home features:
Full upgrade
16ft Ceilings
Grand living/dining room area
Primary bedroom with en-suite bath
Private upstairs bedroom
Open kitchen with Breakfast Bar
Work from home office area
Powder Room
Washer/Dryer
New AC installation
Cedar walk-in closet
Generous storage

Renovations include new white oak flooring, 3 zone central AC system, full height thermal panel, new custom soundproof windows, new solid wood doors, recessed lighting, new Lutron electrical devices.

This architecturally significant building was completed at the beginning of the 1900's and served as the New York City Police Headquarters from 1909 until 1973. It is distinguished for serving as Office to Teddy Roosevelt when Commissioner. The Police Building was converted into residences in 1988 by the prominent Ehrenkranz Group & Eckstut.

Residents here enjoy the highest quality, white glove service featuring full time resident manager, concierge, doorman, fitness center and private garden. Location is ideal along Centre Street with close proximity to Soho, Nolita and Tribeca. Enjoy the best of NYC living with Balthazar, Jack's Wife Freda, Downtown Cipriani, Lure Fishbar, Raoul's, and all the finest luxury restaurants, shopping, spas, gyms and entertainment in this vibrant neighborhood. You will cherish your new home!

Photos of bedrooms, living/dining room and lounge area are virtually staged.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $4,007/mo
Original Price $4,395,000
Sale Price $4,100,000
Previous Price $4,395,000

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.

Little Italy Live Market Data

View Neighborhood

Active Listings

8

Median Asking Price

$2.44M

Median $/Sqft

$2,064

Avg Days on Market

N/A

New This Week

0

Price Reduced

38%

Sold (30 Days)

0

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 5/30/26, 5:19 PM EST

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Location

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240 CENTRE Street #4B, Little Italy, New York County • Near GRAND STREET and BROOME STREET

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 $4,007 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

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. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10804556
First Listed: 8/8/2022
Price Changed: 10/26/2022
Closed: 10/24/2022
Contract Date: 8/8/2022

Listing Courtesy of Douglas Elliman Real Estate - Kelly Killoren Bensimon

Listing Contact: (917) 803-8766

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/30/2026 at 9:19 PM UTC

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