Listing Courtesy of Douglas Elliman Real Estate
$17,500/mo
Potential Rebate: $263
<p>Welcome to the Police Building built in 1909 for then Commissioner Teddy Roosevelt. This incredible fully renovated property has 2 bedrooms and 2 bathrooms, has washer and dryer in unit, walk in closet, and chefs kitchen. Its stellar outdoor terrace resembles a Riva with wood paneling and private space perfect for entertaining. You feel like you are relaxing on a gorgeous Riva- Runabout right on Lago di Como. Amenities in the building include full white glove service from the 24 hour staff, storage unit, phenomenal sun drenched gym, and its own private garden with fountain. 240 Centre Street is in the prime location of Little Paris which is located next to the best shopping in Soho and some of New York City's finest restaurants like Le Coucou at 11 Howard, Balthazar, Eataly, Crazy Pizza, and Sant Ambroues. Welcome Home to 240 Centre Street. </p>
$86 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$263
Monthly savings impact
$1/mo
Effective Purchase Price
$17,238
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20018162

Compare average listing prices and value metrics for The Police Building against the surrounding Little Italy market.
than the Little Italy price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Little Italy.
Little Italy has shrunk in size but not in spirit. Dominated by Mulberry Street, it is a festive, tourist-friendly enclave.
\nTenement apartments often above restaurants. Can be noisy but charming. Rents are high due to location.
\nSan Gennaro Festival takes over in September. Year-round, it is about outdoor dining and cannoli.
\nCentrally located near N/Q/R/W and 6 trains. SoHo and Chinatown are immediate neighbors.
\nDeSalvio Playground. The amenities are the restaurants and bustling street life.
\nBest for those who love energy, tourists, and Italian food.

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