111 William Street
111 William Street, New York, NY 10038
BBL 1000787507 · BIN 1001193
- Year built
- 1909
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,014
- floor-adjusted, 1 sale
- Listing discount
- 0.5%
- Recorded sales
- 140
- On record
- 2006–2026
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A Private Pricing Opinion — what your apartment at 59 John Lofts would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
111 William Street is one of the cleaner examples of how the Financial District turned itself into a residential neighborhood. The structure began as a 1909 commercial loft building — beige brick over a rusticated red-brick base — that spent most of its life as offices a block from the old insurance-and-banking core. In 2005 it was converted to a 74-unit condominium, with three new setback floors added at the top to create a tier of penthouses with terraces. The result is a building that reads, from the street, as exactly what it is: a sturdy pre-war commercial frame given a second life as loft housing.
For buyers, the appeal is twofold. The bones are genuinely old — generous floor plates, large windows, and the proportions that only a purpose-built loft delivers — while the ownership structure is condominium rather than co-op. That combination is the Financial District's signature, and 111 William is a representative, mid-sized version of it, with a full-time concierge and amenities.
Architecture and unit composition
The original building is a masonry loft — nine stories, according to the conversion's 2004 Department of Buildings filing — with a one-story rusticated red-brick base supporting beige brick above, with large white metal spandrels marking the window lines — the visual vocabulary of early-twentieth-century commercial Lower Manhattan. The 2005 conversion preserved that frame and added three floors of setback construction at the crown (the filing proposed twelve stories; city records now carry thirteen floors), which is where the building's terraced penthouses sit; many of those upper homes carry private balconies and outdoor space.
Inside, the 74 residences run the loft register — open layouts, high ceilings, and oversized windows characteristic of a converted commercial floor plate — across one- and two-bedroom homes with the larger and outdoor-equipped units concentrated near the top. The lobby was rebuilt around a media lounge that faces a planted interior garden, an unusually green touch for a corner Financial District building.
Building operations
111 William runs as a full-service condominium: a 24-hour concierge and attended lobby, a fitness center, the garden-facing media lounge, and a resident superintendent. As a condominium, there is no co-op board interview; purchases run through the condominium's application and right-of-first-refusal process. Financing, pied-à-terre, investor-ownership, subletting and resale rules are set by the declaration, bylaws and house rules; review them for the specifics.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $120 per applicant | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Administration Fee | Paid by Seller | When With the application | Amount $150 | Refundable Non-refundable |
| Move-Out Fee | Paid by Seller | When With the application | Amount $750 | Refundable Non-refundable |
| Working Capital Contribution-Equal to one months common charges | Paid by Buyer | When At closing | Amount $0 | Refundable Not stated |
| Closing Fee | Paid by Seller | When At closing | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $100 | Refundable Not stated |
| Move Out DepositConditionalConditions: If no damages | Paid by Seller | When With the application | Amount $100 | Refundable Conditional; see terms |
Rental or lease
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Administration Fee | Paid by Landlord | When With the application | Amount $150 | Refundable Non-refundable |
| Move-Out Fee | Paid by Landlord | When With the application | Amount $750 | Refundable Non-refundable |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $120 per applicant | Refundable Non-refundable |
| Move-In Fee | Paid by Tenant | When With the application | Amount $750 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out DepositConditionalConditions: If no damages | Paid by Landlord | When With the application | Amount $1,000 | Refundable Conditional; see terms |
| Move In Deposit | Paid by Tenant | When With the application | Amount $1,000 | Refundable Not stated |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $350 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
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Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, gardenSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $77,862/yr
- Per unit / month range
- $0 – $89
- Modeled exposure split equally across 73 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Policies and fees
- Min Down Payment: 10%
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 10, 2026 | 4C | 2 BR · 2.5 BA · 1,651 sf | $1,594,811 | $966/sf | — |
| Dec 29, 2025 | 3G | 1 BA · 507 sf | $550,000 | $1,085/sf | -1.8% |
| Jun 4, 2025 | 8C | 2 BR · 2 BA · 1,651 sf | $1,625,000 | $984/sf | — |
| May 29, 2025 | 10C | 3 BR · 3 BA · 2,279 sf | $2,950,000 | $1,294/sf | -7.8% |
| May 14, 2024 | 6D | 2 BR · 2 BA · 1,210 sf | $1,350,000 | $1,116/sf | +8.0% |
| Nov 30, 2023 | 4F | 2 BR · 2.5 BA · 1,757 sf | $999,000 | $569/sf | — |
| Jun 1, 2023 | 4F | 2 BR · 2.5 BA · 1,757 sf | $980,000 | $558/sf | -24.6% |
| Apr 14, 2022 | 6C | 3 BR · 2.5 BA · 1,651 sf | $1,625,000 | $984/sf | — |
Market read. Most recent trades (2026 to date) cleared a median $1,014/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00078-7507; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
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At the recent median sale of $1.61M (4 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $67,932 to close, or 4.2% of the price.
- Mansion tax: $16,099
- Mortgage recording tax: $23,243
- Title insurance: $7,245
- Attorneys, lender, building fees, reserves and filings: $21,346
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The condominium structure is the headline advantage. The purchase clears through the condominium's application and right-of-first-refusal process rather than a co-op board; confirm financing and pied-à-terre, LLC, trust and investor ownership rules in the current declaration and bylaws. Within the building, the variables that move price are floor and light — the setback penthouses and their terraces are the scarce inventory — and the loft layouts reward buyers who want open volume over a carved-up pre-war plan. The Financial District location puts nearly every downtown subway line, the Fulton Transit Center, and the Seaport within a short walk, which matters for both lifestyle and resale.
What to know if you’re selling
A resale here markets on three things: the condominium flexibility, the loft proportions of a true converted commercial floor plate, and — for the top-tier homes — private outdoor space, which is genuinely scarce in the Financial District. Benchmark to other downtown loft conversions rather than to ground-up glass towers; the buyer for 111 William is choosing character and volume. Condominium closing mechanics are faster and more predictable than a co-op's, which is itself a selling point to the financing- and flexibility-minded buyer this building draws.
Comparable buildings
If you're weighing 111 William Street, also look at these Financial District and downtown loft and conversion peers:
- 130 William Street — a sculptural condominium tower a block away
- 119 Fulton Street — Financial District condominium nearby
- 150 Nassau Street — pre-war office-to-residential conversion
- 20 Pine Street — landmark conversion condominium downtown
- 55 Liberty Street — pre-war Financial District residential conversion
More Financial District buildings
- 99 Wall Street — 1931 condominium
- The Fulton Chambers, 102–104 Fulton Street — 1895 condominium
- 111 Fulton Street (District) — condominium
- 114 Liberty Street — 1913 condominium
- 117 Beekman Street — 1918 condominium
- 119 Fulton Street (Fultonhaus) — 1919 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 59 John Lofts?
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646.939.7375 · c.cohen@compass.com