Updated 2 days ago

The Police Building

240 Centre Street, 4-R

Little Italy, Manhattan | Grand Street & Broome Street

Loft 6 Rooms3 Beds3 Baths2,000 Square FeetCo-op

$24,995
Lease Term12-12 Months
AvailableNow
Rent Per SF
$150
The price shown reflects the monthly rent only and does not include any additional fees. Please review the listing description for a summary of all fees related to renting this apartment.

Listing Features

  • Abundant Closets
  • Custom Closets
  • Dressing Area
  • Duplex
  • Entry Foyer
  • High Ceilings [15']
  • Mezzanine
  • Pocket Doors
  • Recessed Lighting
  • Storage Closet
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Center Island
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Pedestal Sink
  • Stall Shower

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garden
  • Laundry Room
  • Storage

Policies

  • No Pets
  • Pieds A Terre Ok

Property Description for 240 Centre Street, 4-R

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


Listing History for 240 Centre Street, 4-R

Now
08/04/2026
Leases Signed by Pierre Cadourcy
Douglas Elliman
06/09/2026
$24,995
Initial Rent by Pierre Cadourcy
Douglas Elliman

Building Details for 240 Centre Street

OwnershipCo-op
Building TypeLoft
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1909
Financing Allowed70%
Floors/Apts6/55
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.15 miles
Spring St
0.15 miles
Bowery
0.21 miles
Grand St
0.25 miles
Prince St
0.29 miles

Citi Bike

Lafayette St & Grand St
0.05 miles
Howard St & Lafayette St
0.12 miles

Building Availability

APPSF
Median
Average
$2,643
$3,290,000
$3,290,000
Last 12 months
$1,672
-
-
$133
$15,000
$17,982
Last 12 months
$130
-
-

Loft3+ Bedrooms in Little Italy

APPSF
Median
Average
$150
$24,995
$24,995

Little Italy | Manhattan

Quick Profile

It’s fitting that the neighborhood’s name is Little Italy because It’s been getting smaller for decades. The Italian immigrants that flooded New York City and built the vibrant ethnic enclave in the 1860s and 1880s eventually left for greener pastures, assimilating into other parts of the city or suburbs. The disappearance of Little Italy is a sad story as far as neighborhoods go, but it’s one that should be told. 

Little Italy once spanned 50 square blocks and represented the biggest population of Italian immigrants in America. But in recent years, it’s been squeezed by the growth of Chinatown and SoHo and muscled from the rebranding of other neighborhoods like NoHo and NoLIta. In fact, NoLita was the culprit that cut the neighborhood in two. Little Italy’s boundaries may vary depending upon who you ask. Today it’s down to just a few blocks along Mulberry Street. 

One of the best ways to experience Little Italy is through its food. Take your pick from mom-and-pop markets, meat and cheese shops, or authentic sit-down restaurants that offer the very best in Italian cuisine. 

Every September (since 1926), the neighborhood hosts the Feast of San Gennaro, which celebrates the patron Saint of Naples Italy. 11 days of food, colorful parades, music performances, and more food. The aroma of zeppole and grilled sausage can be smelt for blocks. Try planning your visit around this festive time. It’s well worth it. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 790990