- Year built
- 1907
- Type
- Condominium
- Units
- 24
- Floors
- 5
- Landmark
- No
- Pets
- Governed by the condominium bylaws; confirm at offer stage
- Subletting
- Permitted under the condominium bylaws
- Pied-à-terre
- Allowed
155 Henry Street — the Grace Devine Condominium — is a boutique pre-war condominium in the historic core of the Lower East Side. Finished in 1907, it is one of the older condominium buildings in a neighborhood defined by its tenement-era architecture, its immigrant history, and its recent evolution into one of downtown Manhattan's most dynamic residential and dining districts. The building sits on Henry Street, a low-rise stretch a short walk from East Broadway, the Manhattan Bridge, and the restaurant-and-gallery density that now defines the LES.
For the buyer who wants deeded ownership with genuine pre-war character — beamed ceilings, crown moldings, and the room scale of turn-of-the-century apartment living — the proposition is specific and increasingly hard to find. This is a 24-unit condominium where ownership is by deed, the building's small scale keeps carrying costs contained, and the address is authentic Lower East Side rather than new-development gloss.
Building operations
The condominium runs on a lean, boutique model appropriate to its 24 units: an elevator and a laundry room, without the cost of a doorman. That staffing model is a feature at this scale — it keeps common charges contained while delivering the essentials.
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. Pet rules, any transfer fee, and specific sublet terms are governed by the current bylaws and should be confirmed at offer stage.
Recent sales
Condominium pricing is read on a per-square-foot basis, and 155 Henry Street trades as a boutique Lower East Side condo — small floor plates, pre-war bones, and the flexibility premium that deeded ownership commands over the neighborhood's cooperatives. With only 24 residences, resale volume is thin: a small number of closings in an active year. Pricing is driven by floor, exposure, pre-war character, and renovation condition rather than by any neighborhood average. When underwriting a purchase or a list price, capture the specific unit's square footage, light, ceiling height, and finish level rather than relying 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.
| Date | Unit | Apartment | Price | PPSF |
|---|---|---|---|---|
| Oct 30, 2025 | 205 | 565 sf | $600,000 | $1,062/sf |
| Oct 15, 2024 | 505 | 570 sf | $680,000 | $1,193/sf |
| Mar 23, 2022 | 504 | 778 sf | $780,000 | $1,003/sf |
Market read. Most recent trades (2025) cleared a median $1,062/sf across 1 sale.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00284-7501) 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 relative to a co-op: 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. Given the building's 1907 vintage, review the condominium's reserve and any planned capital work on the façade, roof, elevator, and building systems.
The reasons to buy are the character and the flexibility: authentic pre-war detailing, deeded ownership with pied-à-terre and investment latitude, and a boutique building whose scale keeps carrying costs contained in the historic core of the Lower East Side.
What to know if you’re selling
The story is pre-war character in a condominium wrapper. Beamed ceilings, crown moldings, and pre-war scale — inside a deeded, flexible ownership structure — is a specific, marketable combination that sells to buyers who want LES history without the constraints of a co-op. Pricing is an apartment-specific exercise: square footage, floor, light, ceiling height, and condition drive the number. We position the pre-war narrative, benchmark against the right tier of boutique Lower East Side condominiums, and market to the downtown buyer who values this exact combination.
Comparable buildings
If you're considering 155 Henry Street, also look at these Lower East Side and downtown boutique buildings:
- 100 Norfolk Street — Lower East Side condominium nearby
- 103 Norfolk Street — boutique Lower East Side condominium
- 115 Norfolk Street — boutique Lower East Side condominium
- 212 Avenue B — boutique pre-war East Village condominium
- 143 Avenue B — boutique East Village building nearby
The Roebling Team at Grace Devine Condominium
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 boutique pre-war 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 155 Henry Street, a 30-minute consultation is the right starting point.
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