---
title: "The Police Building Apartments for Sale in Manhattan | Buyer Savings"
description: "View active listings, prices, and amenities at The Police Building, located at 240 CENTRE Street, New York, NY 10013 in Manhattan. Buy an apartment with Buyer Advantage savings."
url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-police-building"
source: "Real Estate Rebate Team"
dateModified: "2026-09-09T17:58:17.451Z"
---

# The Police Building

240 CENTRE Street, New York, NY 10013

Little Italy · Duplex · Built 1909

Availability last updated: September 9, 2026, 1:58 PM

## At a Glance

- **Active Units**: 1 Unit
- **Starting Price**: $3,700,000
- **Property Type**: Duplex
- **Year Built**: 1909

## Building Overview

About The Police Building (240 Centre Street)

The Police Building is a legendary Beaux-Arts landmark located at 240 Centre Street. Formerly the headquarters of the NYPD, this magnificent cooperative features a grand limestone facade, a spectacular domed cupola, and unique luxury residences imbued with history. It is one of Downtown's most iconic and prestigious addresses.

## Illustrative Buyer Savings

**$55,500 at Closing**

Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction.

Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities.

**Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335.

[Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20The%20Police%20Building) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Key Building Details

- **Year Built**: 1909
- **Stories / Floors**: 5
- **Neighborhood**: Little Italy
- **Active Listings**: 1 unit

## Building Amenities

- Central Air
- Building None
- Washer Hookup
- In Unit
- Building Courtyard
- Dining Area
- High Ceilings
- Dishwasher
- Washer Dryer Allowed
- City
- River
- Pets: Building Yes
- Pets: No

## Active Residence at The Police Building

1 Active Residence

Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage)

| Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [The Police Building #3B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/240-centre-street-b-3B-ny-10013) | Duplex | 2 | 2 | 1,400 ft² | $3,700,000 | Active | $55,500* | Douglas Elliman Real Estate |

> This 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.

## Sales History for The Police Building

39 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed.

| Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 3J | — | — | — | $2,325,000 — Public record | — | — | Apr 9, 2026 |
| 2M | 2 | 2.5 | 1,300 | $2,229,500 (-31.4%) — Public record | $1,715 | $3,250,000 | Apr 30, 2025 |
| 2J | 2 | 2 | — | $2,475,000 (-0.8%) — Public record | — | $2,495,000 | Dec 18, 2024 |
| 2-D | 1 | 2 | — | $1,900,000 — Public record | — | — | May 10, 2023 |
| 4B | 2 | 2.5 | — | $4,100,000 (-6.7%) — Public record | — | $4,395,000 | Oct 26, 2022 |
| 3A | 2 | 2.5 | — | $2,900,000 (-3.2%) — Public record | — | $2,995,000 | Sep 1, 2022 |
| 2A | 2 | 2.5 | — | $3,100,000 (-11.4%) — Public record | — | $3,500,000 | Aug 30, 2022 |
| 3G | 3 | 3 | 2,500 | $3,850,000 (-9.4%) — Public record | $1,540 | $4,250,000 | May 13, 2022 |
| 2-J | 2 | 2 | — | $2,400,000 — Public record | — | — | May 4, 2022 |

Showing the 9 most recent of 39 closings. The full record is on the building page.

Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing.

The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record.

> This 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.

## Property Tax History

Property taxes for the co-op corporation at The Police Building were $1,614,874 in 2026, up 5.4% from 2025.

These figures are for the entire building across all 54 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $14,951,700 | $2,092,500 | $12,859,200 | $12,921,281 | $1,614,874 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $14,365,800 | $2,092,500 | $12,273,300 | $12,267,000 | $1,532,838 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $12,522,600 | $2,092,500 | $10,430,100 | $11,780,730 | $1,471,721 | 12.5% |
| 2023 (FY 2023/24) | $12,445,200 | $2,092,500 | $10,352,700 | $11,609,460 | $1,170,197 after $280,348 abatement | 12.502% |
| 2022 (FY 2022/23) | $11,226,150 | $2,092,500 | $9,133,650 | $11,048,580 | $813,856 after $540,594 abatement | 12.267% |
| 2021 (FY 2021/22) | $10,775,250 | $2,092,500 | $8,682,750 | $10,632,960 | $912,958 after $387,082 abatement | 12.235% |
| 2020 (FY 2020/21) | $11,934,450 | $2,092,500 | $9,841,950 | $10,244,160 | $1,255,772 | 12.267% |
| 2019 (FY 2019/20) | $11,666,250 | $2,092,500 | $9,573,750 | $9,366,745 | $1,167,152 | 12.473% |
| 2018 (FY 2018/19) | $9,231,300 | $2,092,500 | $7,138,800 | $8,028,028 | $1,011,259 | 12.612% |
| 2017 (FY 2017/18) | $8,738,550 | $2,092,500 | $6,646,050 | $7,512,045 | $954,007 | 12.719% |
| 2016 (FY 2016/17) | $8,176,050 | $2,092,500 | $6,083,550 | $6,766,650 | $870,531 | 12.892% |
| 2015 (FY 2015/16) | $6,856,650 | $2,092,500 | $4,764,150 | $6,074,910 | $780,814 | 12.883% |
| 2014 (FY 2014/15) | $6,314,850 | $2,092,500 | $4,222,350 | $5,561,280 | $714,298 | 12.855% |
| 2013 (FY 2013/14) | $6,356,700 | $2,092,500 | $4,264,200 | $5,173,110 | $679,118 | 13.145% |
| 2012 (FY 2012/13) | $6,129,000 | $2,092,500 | $4,036,500 | $4,770,270 | $627,876 | 13.181% |
| 2011 (FY 2011/12) | $4,717,350 | $2,092,500 | $2,624,850 | $4,444,470 | $595,811 | 13.433% |
| 2010 (FY 2010/11) | $4,288,500 | $2,092,500 | $2,196,000 | $4,344,000 | $578,938 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1004721002. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## What to Review Before Buying in The Police Building

Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements.

1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value.
2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture.
3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing.

## Location & Neighborhood

240 CENTRE Street, New York, NY 10013

### Little Italy

Little Italy has shrunk in size but not in spirit. Dominated by Mulberry Street, it is a festive, tourist-friendly enclave. Tenement apartments often above restaurants. Can be noisy but charming. Rents are high due to location. San Gennaro Festival takes over in September. Year-round, it is about outdoor dining and cannoli. Centrally located near N/Q/R/W and 6 trains. SoHo and Chinatown are immediate neighbors. DeSalvio Playground. The amenities are the restaurants and bustling street life. Best for those who love energy, tourists, and Italian food.

- [Little Italy Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [Browse Little Italy Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/little-italy-manhattan)
- [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Frequently Asked Questions

### Where is this building located?

The Police Building is at 240 Centre Street in Little Italy.

### What subway is accessible?

Canal Street (6, J, Z, N, Q, R, W) and Spring Street (6) are nearby.

### What makes it unique?

It features a private English garden for residents.

### What is the building vibe?

It offers a grand, historic, and private oasis in a bustling area.

Have questions about The Police Building? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com)

## Considering a Residence at The Police Building?

Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available.

[Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)