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The Police Building, 240 Centre Street

between Broome Street & Grand Street   |    NoLiTa/Little Italy

cityrealty insider access Interested in off-market listings at The Police Building? find out more

Key Details

  • Co-op
  • Built in 1909
  • 55 Apartments
  • 6 Floors
$3,938 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 2 BEDS $2,906,000 1
  • Avg. Price based on 1 closings during past 12 months Last updated Jun 24, 2017
  • View all recent sales
$2,076 Avg. Price / Ft2

Overview

91

The Police Building, 240 Centre Street has received a CityRealty Rating of 91, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

33
Out of 44
+
24
Out of 36
+
25
Out of 39
+
9
=
91
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
14 or more Feet 4 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • #24 Rated co-op in Manhattan
  • #1 Rated co-op - Downtown
  • #1 Rated co-op - NoLiTa/Little Italy
How was this building rated?

The Police Building is located at 240 Centre Street in Little Italy and previously served as the headquarters for the NYPD.

Originally constructed in 1909, the Police Building was vacant for more than a decade following the NYPD’s transition to a new facility near City Hall. It was ultimately converted into 55 apartments in the 1980s, with the group overseeing the renovation ensuring residences maintained the building’s singular architectural touches. There are varied floor plans, as a result, and units are spacious with tall ceilings – many higher than 15 feet – and open layouts.

Amenities include an attended lobby, a garden and a health club. It is conveniently located close to the shops and restaurants in Nolita, TriBeCa, SoHo and NoHo. Public transportation is also nearby.

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Apts For sale AT 240 Centre Street (2)

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Apts For rent AT 240 Centre Street (1)

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Nearby Subway Stations

  1. J
    J
    • Canal Street (at Lafayette) (0.15 miles)
     
  2. M
    M
    • Broadway - Lafayette Street (at Houston) (0.37 miles)
     
  3. Z
    Z
    • Canal Street (at Lafayette) (0.15 miles)
     
  4. 1
    1
    • Franklin Street (at Varick and North Moore) (0.47 miles)
     
  5. B
    B
    • Grand Street (at Chrystie) (0.25 miles)
     
  6. D
    D
    • Grand Street (at Chrystie) (0.25 miles)
     
  7. F
    F
    • Broadway - Lafayette Street (at Houston) (0.37 miles)
     
  8. N
    N
    • Canal Street (at Lafayette) (0.15 miles)
     
  9. Q
    Q
    • Canal Street (at Lafayette) (0.15 miles)
     
  10. R
    R
    • Canal Street (at Lafayette) (0.15 miles)
     
  11. 6
    6
    • Canal Street (at Lafayette) (0.15 miles)
     
  12. A
    A
    • Canal Street (at Thompson) (0.38 miles)
     
  13. C
    C
    • Canal Street (at Thompson) (0.38 miles)
     
  14. E
    E
    • Canal Street (at Thompson) (0.38 miles)
     

Carter Horsley's Review

The Police Building, 240 Centre Street Carter Horsley's Building Review
"Smack in the middle of Little Italy's tenements, the Police Building at 240 Centre Street between Broome and Grand streets is a spectacular Baroque-revival-style palace." Read Carter's Full Review

The pros & cons

Pros
  • Grand architecture
  • Some fireplaces
  • Doorman
  • Concierge
  • Health club
  • Garden
  • Close to Subway
  • Unusual and spectacular layouts
Cons
  • No garage
  • No sundeck
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Famous Residents at The Police Building, 240 Centre Street

 

The Police Building, 240 Centre Street Aerial Imagery

 

The Police Building Video

Pricing Comparison of Similar Buildings

View Detailed Comparison

The Police Building, 240 Centre Street - 10 year Sales History

View Full Sales History
 

The Police Building, 240 Centre Street 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$2,906,000
AVG Price, based on 1 Sales
 

Loading Recent Closings Table

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 5 Available for Sale
  • $3,091 Avg. Price / Ft2
  • $9,778,600 Avg. Price
  • $999,000 Median Price
  1. Most Expensive The Police Building Apt PENTHOUSE | $27,900,000
    Price / ft2 $5,073
  2. Least Expensive 45 Spring Street Apt 3D | $699,000
    Price / ft2 $1,398
Not enough data available to generate chart.
  • 2 Available for Rent
  • $0 Avg. Price / Ft2
  • $8,073 Avg. Price
  • $8,073 Median Price
  1. Most Expensive 237 Lafayette Street Apt 12S | $8,900
  2. Least Expensive The Police Building Apt 6M | $7,245
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 1 Total Sales
  • $2,076 Avg. Price / Ft2
  • $2,906,000 Avg. Price
  • $2,906,000 Median Price
  1. Most Expensive The Police Building Apt 3A | $2,906,000
    Price / ft2 $2,076
  2. Least Expensive The Police Building Apt 3A | $2,906,000
    Price / ft2 $2,076

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cityrealty insider access Interested in off-market listings at The Police Building? find out more
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