Condominium · 2008
Norfolk Atrium
115 Norfolk Street, New York, NY 10002

115 Norfolk Street

115 Norfolk Street, New York, NY 10002

At a glance
Year built
2008
Type
Condominium
Units
24
Floors
7
Landmark
No
Pets
Dogs permitted; confirm specifics at offer stage
Subletting
Permitted under the condominium bylaws
Pied-à-terre
Allowed
The Data Room

Every recorded sale at this building, 2011–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,300
Listing discount
3.0%
Recorded sales
41
On record
2011–2026

115 Norfolk Street — the Norfolk Atrium — is one of the Lower East Side's most architecturally distinctive boutique condominiums. Completed in 2008 and designed by Grzywinski + Pons, the firm responsible for the acclaimed Hotel on Rivington a block away, the building brought a genuinely contemporary architectural sensibility to a neighborhood then in the middle of its transformation. Exposed concrete, floor-to-ceiling glass, and a low-density plan of one to four residences per floor give the building a loft-like, design-forward character rare among the neighborhood's pre-war stock.

For the buyer who wants new-construction systems and architect-designed interiors inside the energy of the Lower East Side — steps from Rivington and Delancey, the F/J/M/Z trains at Delancey–Essex, and the district's restaurant, gallery, and nightlife density — the Norfolk Atrium is a clean proposition. Deeded condominium ownership, contemporary finishes, and a boutique 24-residence scale in a building with real design pedigree.

Building operations

The condominium runs on a contemporary boutique model: a common roof deck, an outdoor lounge, a virtual doorman, a bike room, and an on-site parking garage with spaces available for purchase — a genuinely valuable amenity in this part of downtown. Central air and heat serve the residences. The virtual-doorman model keeps staffing costs contained while providing security and package coverage.

As a condominium, ownership is by deed rather than shares. Purchases avoid the share-loan structure and interview process of a cooperative; financing is a matter between buyer and lender; and pied-à-terre, investment, and subletting uses are permitted under the bylaws. Dogs are permitted. Any transfer fee and specific sublet terms should be confirmed against the current bylaws at offer stage.

Recent sales

Condominium pricing is read on a per-square-foot basis, and 115 Norfolk trades as a design-forward Lower East Side condo — loft-like layouts, contemporary finishes, and the flexibility premium that deeded ownership commands. With only 24 residences, resale volume is thin: a handful of closings in an active year. Pricing is driven by floor, exposure, outdoor space, parking, and renovation condition rather than by any neighborhood average. The architectural pedigree and low per-floor density are part of the value story. When underwriting a purchase or a list price, capture the specific unit's square footage, light, outdoor space, and finish level rather than leaning on an LES headline number.

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Mar 23, 202634
2 BR · 2 BA · 1,115 sf
$1,450,000$1,300/sf-3.0%
Mar 20, 2026304
2 BR · 2 BA · 1,115 sf
$1,450,000$1,300/sf-3.0%
May 5, 2025502
1 BR · 1 BA · 760 sf
$975,000$1,283/sf-0.5%
Dec 1, 2023202
1 BR · 760 sf
$830,000$1,092/sf-7.3%
Nov 21, 2022501
2 BR · 1 BA · 888 sf
$1,180,000$1,329/sf-1.7%
Oct 20, 2022102
1 BR · 1 BA · 677 sf
$1,275,000$1,883/sf-3.8%
Oct 28, 2019402
1 BR · 1 BA · 761 sf
$1,150,000$1,511/sf-5.0%
Feb 26, 2019301
2 BR · 1 BA · 941 sf
$1,225,000$1,302/sf-18.3%

Market read. Most recent trades (2026) cleared a median $1,300/sf across 2 sales. Median listing discount 3.0% 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.

201 · 968 sf+36%
$1,088,509 ($1,124/sf) 2011$1,475,000 ($1,524/sf) 2015
302 · 760 sf+32%
$911,334 ($1,199/sf) 2012$1,200,000 ($1,579/sf) 2018
102 · 677 sf+28%
$997,885 ($1,474/sf) 2011$1,262,000 ($1,864/sf) 2016$1,275,000 ($1,883/sf) 2022
303 · 662 sf+24%
$809,509 ($1,223/sf) 2011$999,999 ($1,511/sf) 2017
401 · 916 sf+22%
$1,136,000 ($1,240/sf) 2012$1,390,000 ($1,517/sf) 2016

Other recent transfers

DateUnitPrice
May 8, 2020M2$566,638
View all 41 recorded sales, sortable

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 1-00353-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

What to know if you’re buying

This is a condominium, so the path is straightforward: no board interview, financing set by your lender, and a review of the building's financials, reserve, and bylaws during due diligence. Read the bylaws on pet rules, any transfer fee, and sublet terms, and confirm them at offer stage. As a 2008 new-construction building, review the reserve and any capital-planning history on the building envelope and systems — contemporary construction carries its own diligence profile.

The reasons to buy are the design and the flexibility: an architect-designed contemporary building with new-construction systems, on-site parking, deeded ownership with pied-à-terre and investment latitude, and a boutique scale in the heart of the Lower East Side.

What to know if you’re selling

The story is design pedigree and contemporary living downtown. A Grzywinski + Pons building with loft-like light, on-site parking, and deeded flexibility is a specific, marketable proposition that sells to buyers who want architecture and modern systems inside the LES. Pricing is an apartment-specific exercise: square footage, floor, light, outdoor space, parking, and condition drive the number. We position the architectural narrative, benchmark against the right tier of boutique Lower East Side condominiums, and market to the design-minded downtown buyer.

Comparable buildings

If you're considering 115 Norfolk Street, also look at these Lower East Side and downtown boutique buildings:

The Roebling Team at Norfolk Atrium

The Roebling Team at Compass specializes in the Lower East Side and the broader downtown condominium and cooperative market. We publish this profile because buyers and sellers of design-forward boutique condominiums deserve building-specific intelligence — the architecture, the condominium structure, the staffing and amenity reality, and where pricing sits against the right comparable tier.

If you're weighing a purchase or sale at 115 Norfolk Street, a 30-minute consultation is the right starting point.

Considering a move at Norfolk Atrium?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com