Back to The Morse Building building profile
140 Nassau Street (The Morse Building)Recorded sales & closing prices
140 Nassau Street, New York, NY 10038
36 recorded transfers, 2004–2025. Sortable and searchable below.
Co-ops are normally measured by price per room, since square footage is not officially recorded for them. This building is shown in price per square foot because most of its sales carry documented footage, which makes the sharper measure the honest one here.
- Recorded transfers
- 36
- Date range
- 2004–2025
- Median $/sf
- $1,311
- Listing discount
- 3.4%
- Monthly carry/sf
- $1.60
- Price range
- $645K – $3.63M
Change in the building’s median $/sf over each window, on a floor-adjusted basis — standardized to the building’s average floor, so it reflects price rather than which floors happened to sell. This is a different method from The Roebling Index, which publishes plain medians and applies no floor adjustment; the two are not interchangeable. Floor adjustment standardizes for floor only. It does not control for condition, size, exposure, renovation or the mix of what happened to trade. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.
The Morse Building trades as a downtown loft co-op inside an individual landmark, which is a narrow and identifiable product. Its buyer is someone who wants scale, ceiling height and architectural character in the Civic Center pocket between the Financial District, the Seaport and Tribeca, and who is willing to trade a doorman and a gym for those things. Loft co-ops price differently from Financial District condominiums: lower dollar per square foot, higher share of value in ceiling volume and original detail, and a materially smaller lender and buyer pool because co-op share loans on landmark loft buildings draw more underwriting attention than condominium mortgages do.
Indexed to the last complete year, the downtown loft market has rewarded genuine floor-plate scale and penalized dark interior plates; within this building, line and floor drive the spread more than finish does. The permissive occupancy framework — pied-à-terre, secondary residence, corporate purchase — widens the buyer pool relative to comparable co-ops, and the absence of any tax benefit means the carrying cost you underwrite is the carrying cost you get.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The complete recorded-sale history for The Morse Building, compiled from NYC Department of Finance transfer records, with apartment-by-apartment detail from The Roebling Research Library. Across sales with a public asking price, the building carries a median listing discount of 3.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy here.
Price per square foot over time
28 sales with a known square footage, by closing date.
The vertical premium
Time-adjusted price per square foot by floor group, against the recent median. These figures reflect the apartments that traded and do not isolate the value of light, views, layout or condition.
Premium by line
Time-adjusted price per square foot by line, against the recent median. Line groups are not floor-controlled and do not isolate the value of light, outlook, layout or condition.
Recent closings
The building’s 10 most recent market sales.
| Date | Unit | Apartment | Price | $/sf | vs. Ask |
|---|---|---|---|---|---|
| May 21, 2025 | 5B | 1 BR · 1 BA · 1,358 sf | $1,535,000 | $1,130 | -4.1% |
| Dec 5, 2024 | 9B | 2 BR · 1 BA | $1,130,000 | -5.4% | |
| Oct 8, 2024 | 10B | 2 BR · 2 BA · 1,450 sf | $1,998,000 | $1,378 | -11.2% |
| Aug 22, 2024 | 4B | 1 BR · 1 BA · 1,400 sf | $1,350,000 | $964 | -13.7% |
| Dec 21, 2023 | 2A | 1 BR · 1 BA · 1,325 sf | $1,250,000 | $943 | +0.0% |
| Apr 28, 2022 | 4A | 2 BR · 2 BA | $1,800,000 | -4.0% | |
| Dec 20, 2021 | 11A | 2 BR · 2 BA · 1,460 sf | $2,000,000 | $1,370 | -9.0% |
| Sep 24, 2021 | 10C | 2 BR · 2 BA · 1,984 sf | $1,770,000 | $892 | -11.3% |
| Dec 9, 2020 | 6A | 2 BR · 2 BA | $2,100,000 | -10.6% | |
| Aug 20, 2020 | 12B | 1 BR · 1 BA · 1,300 sf | $1,325,000 | $1,019 | -4.3% |
The retrade record
Lines that have changed hands more than once in the public record — the building’s appreciation arc, apartment by apartment.
Every recorded sale
Sort any column; filter by unit or keyword. Prices are the recorded transfer amount at the NYC Department of Finance. Every sale sits in one of three states: counted in the building’s medians and trend; shown but excluded as a non-arms-length or nominal transfer; or shown and ⚑ flagged for review — a possible duplicate filing or an extreme $/sf outlier, held out of the statistics pending manual verification rather than allowed to move them.
| Apartment | ||||||
|---|---|---|---|---|---|---|
| May 21, 2025 | 5B | 1 BR · 1 BA | 1,358 | $1,535,000 | $1,130 | -4.1% |
| Dec 5, 2024 | 9B | 2 BR · 1 BA | — | $1,130,000 | — | -5.4% |
| Oct 8, 2024 | 10B | 2 BR · 2 BA | 1,450 | $1,998,000 | $1,378 | -11.2% |
| Aug 22, 2024 | 4B | 1 BR · 1 BA | 1,400 | $1,350,000 | $964 | -13.7% |
| Dec 21, 2023 | 2A | 1 BR · 1 BA | 1,325 | $1,250,000 | $943 | +0.0% |
| Apr 28, 2022 | 4A | 2 BR · 2 BA | — | $1,800,000 | — | -4.0% |
| Dec 20, 2021 | 11A | 2 BR · 2 BA | 1,460 | $2,000,000 | $1,370 | -9.0% |
| Sep 24, 2021 | 10C | 2 BR · 2 BA | 1,984 | $1,770,000 | $892 | -11.3% |
| Dec 9, 2020 | 6A | 2 BR · 2 BA | — | $2,100,000 | — | -10.6% |
| Aug 20, 2020 | 12B | 1 BR · 1 BA | 1,300 | $1,325,000 | $1,019 | -4.3% |
| Apr 4, 2019 | 12C | 2 BR · 2 BA | 1,950 | $2,175,000 | $1,115 | -5.4% |
| Feb 14, 2019 | PHC | 3 BR · 2 BA | 2,725 | $3,635,000 | $1,334 | -3.1% |
| May 3, 2018 | 10B | 2 BR · 2 BA | 1,450 | $1,910,000 | $1,317 | -2.1% |
| Apr 13, 2018 | 14AB | 3 BR | 2,800 | $3,450,000 | $1,232 | -10.7% |
| Dec 29, 2017 | 9A | 2 BR | 1,460 | $1,895,000 | $1,298 | +0.0% |
| Aug 8, 2017 | 5A | 2 BR · 1 BA | 1,650 | $1,900,000 | $1,152 | +5.8% |
| Jul 31, 2017 | 6A | 2 BR | 1,300 | $2,100,128 | $1,615 | +7.7% |
| Mar 29, 2017 | 10C | 2 BR · 2 BAoutside the market statistics (eligibility screen) | 1,984 | $1,125,000 | $567 | — |
| Jul 14, 2015 | 11A | 2 BR | 1,450 | $1,725,000 | $1,190 | -17.9% |
| May 15, 2014 | 15A | 1 BR | — | $1,850,000 | — | +0.0% |
| Nov 21, 2013 | 9C | 1 BR | 1,750 | $1,500,000 | $857 | -11.8% |
| Sep 23, 2013 | 10B | 2 BR · 2 BA | — | $1,325,000 | — | -11.7% |
| Jun 17, 2010 | 5B | 2 BR | 1,300 | $740,000 | $569 | +0.0% |
| Jun 17, 2010 | 8C | 3 BR | 1,700 | $1,295,000 | $762 | +0.0% |
| Jun 17, 2010 | 2A | 2 BR | 1,250 | $985,000 | $788 | +0.0% |
| Jun 17, 2010 | 8B | 2 BR | 1,175 | $645,000 | $549 | +0.0% |
| Sep 1, 2009 | 10A | 2 BR | 1,460 | $1,137,500 | $779 | -4.8% |
| Apr 3, 2008 | 6C | 2 BR | 1,700 | $1,635,000 | $962 | -0.9% |
| Aug 30, 2007 | 4A | 2 BR | 1,500 | $1,220,000 | $813 | -5.8% |
| Mar 21, 2007 | 8B | 2 BRoutside the market statistics (eligibility screen) | 1,175 | $1,267,000 | $1,078 | — |
| Aug 11, 2005 | 4B | 2 BR · 1 BAoutside the market statistics (eligibility screen) | 1,420 | $1,030,000 | $725 | — |
| Jun 1, 2005 | 6C | 2 BR | 1,700 | $1,400,000 | $824 | -3.4% |
| Oct 26, 2004 | 8C | 3 BR | 1,700 | $1,280,000 | $753 | -1.2% |
| Aug 11, 2004 | 2A | 2 BR | 1,250 | $972,500 | $778 | -1.3% |
| Jun 24, 2004 | 6A | 2 BR | 1,300 | $1,075,000 | $827 | -1.8% |
| May 25, 2004 | 4A | 2 BR | 1,500 | $895,000 | $597 | +0.0% |
Sources, exclusions and how these figures are computed
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00100-0026). 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 on co-ops is not officially recorded, figures shown are approximate. Storage, parking, and commercial units are excluded from all figures. Floor- and line-level $/sf are time-controlled (each sale measured against the building’s going rate at the time of sale) and expressed at today’s pricing, so they isolate the floor or line premium rather than blend two decades of market movement.
Put this data to work.
Know what’s fair before you offer — we’ll show you where each line trades, the building’s discount-to-ask pattern, and where the value sits right now.
Price to the building’s real trajectory, not a guess — we’ll position your line against its true comps to maximize the outcome.
646.939.7375 · c.cohen@compass.com