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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
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$24,995
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $19,996 | $19,996 | $19,996 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $120 | $126 | $166 |
| Total Monthly Payment | $195 | $201 | $241 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.