Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
240 CENTRE Street #3DE

For Sale · Listing by Douglas Elliman Real Estate

240 CENTRE Street #3DE

Little Italy, Manhattan

$6,000,000

Interested in this property?
Active For Sale • Co-op

$6,000,000

240 CENTRE Street #3DE

Little Italy, Manhattan

The Police Building

MLS® #RLS20120358

RLS at REBNY

Listing by Douglas Elliman Real Estate

3
Bedrooms
3
Baths
N/A
Sq. Ft.
1909
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1909
Ownership Co-op
Maintenance $6,483/mo
Neighborhood Little Italy
Floor 4 of 5

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full
Floor 4 of 5
View City
Cooling Central Air
Pets Yes
Year Built 1909
Structure Type HighRise
Basement Other
Block/Lot 00472/7501

Listing History

Event Date Price Change
Listed Oct 11, 2026 $6,000,000 -
Currently Oct 12, 2026 $6,000,000 -

Description

The Light on Centre Street 240 Centre Street 2 Bedrooms 3 Bathrooms $6,000,000 Some homes are defined by their furnishings. This one is defined by its light. Sixteen-foot ceilings and tall, stately windows draw the day deep into every room, and the duplex takes on a different character with each passing hour: pale and quiet in the morning, golden by late afternoon. It is little wonder the residence has long drawn the eye of fashion's most celebrated designers. Arrival begins in a gracious foyer, a moment of pause before the living room unfolds. It is a room of rare proportion, as suited to an evening of entertaining as to a slow Sunday. The dining area is intimate by intention, and the kitchen is made for those who genuinely cook. Two bedrooms are set within the loft's contours to offer true privacy, and three baths are serene and restrained. A washer and dryer are discreetly tucked in. At the heart of it all rises the staircase, less a passage between floors than a work of sculpture. The building carries a history few addresses can claim. Completed in 1909, 240 Centre Street became home to a police department Theodore Roosevelt had set out to reform as commissioner a decade earlier. For more than six decades it served as New York City Police Headquarters, its domed Beaux-Arts facade a quiet monument of lower Manhattan. In 1988 the Ehrenkranz Group & Eckstut reimagined it as residences, and it has remained among downtown's most coveted addresses ever since, counting some of the most celebrated names in fashion among its residents. This is an exceptional Bespoke property by Kelly Killoren Bensimon team. No photos or videos allowed.

Features & Amenities

Interior Features

Building None

Exterior Features

Building Courtyard

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $6,483/mo

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

6

Median Asking Price

$2.85M

Median $/Sqft

$2,225

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

1

Median Sale Price

$2.35M

Live data from RLS at REBNY • Updated 10/11/26, 9:29 PM EST

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Location

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240 CENTRE Street #3DE, Little Italy, New York County

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: $6,222,130

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 $6,483 per month. Confirm the exact amount with Milton Coste 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. 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: RLS20120358
First Listed: 10/11/2026
On Market: 10/11/2026
Price Changed: 10/11/2026
Contract Date: 10/11/2026

Listing Courtesy of Douglas Elliman Real Estate - Kelly J 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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/12/2026 at 1:29 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Little Italy Market Update

1 sale last 30 days · $2.85M median · 6 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Little Italy Borough Manhattan
County New York
Floor 4 of 5
Year Built 1909
First Listed 10/11/2026
Maintenance $6,483/mo

Monthly Costs Estimate

Down Payment 20%

$1,200,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $6,483
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$135,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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