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Condominium · 1879
19 Bond Street
19 Bond Street, New York, NY 10012

19 Bond Street

19 Bond Street, New York, NY 10012

BBL 1005297503 · BIN 1076035

At a glance
Year built
1879
Type
Condominium
Units
10
Floors
5
Landmark
No

Bond Street has become the most concentrated block of boutique architecture downtown, and most of what buyers see there is either brand-new or a nineteenth-century building wearing a twenty-first-century interior. 19 Bond Street is neither. It is the oldest building on the block by a decade and the only one of its kind in the district: a five-story Neo-Grec store-and-loft built in 1879–80 to Peter L. P. Tostevin's design for the merchants Bouton and Smith, and the Landmarks Preservation Commission's designation report singles it out as the sole Neo-Grec store-and-loft in the entire NoHo Historic District Extension. Neo-Grec is a short-lived, incised, severely linear style, and the building shows it plainly: brick spandrels with patterned decoration, deeply incised stone lintels, bas-relief rosettes set into the piers below the third and fifth floors, decorative iron tie plates below the fourth, and a corbelled brick cornice on stone brackets.

Its position is as unusual as its style. It holds the southeast corner of Bond and Lafayette with a third elevation on Jones Alley, which gives it three exposures — Bond Street to the north, a long Lafayette Street flank to the west, and a five-bay alley front to the south. The Lafayette elevation was originally a blind party wall; its windows were opened in the late twentieth century, which is why apartments here get light on lines that a mid-block loft cannot.

The commercial history is a single long tenancy. From 1922 the building belonged to Herman Gerofsky and then to Gerofsky family entities, whose businesses in papermaking supplies and in new rags and textile waste occupied it as sole tenants for more than sixty years — until about 1985, when the building sold. The new owners converted it, and within four years had filed a declaration creating the 19 Bond Street Condominium with joint live/work quarters for artists. That is the whole of the residential history: one commercial family for six decades, then a single conversion, then thirty-odd years of individual condominium ownership.

Architecture and unit composition

On Bond Street the building presents two bays: a recessed storefront on decorated cast-iron columns under a wide stone entablature with an incised frieze, and above it four floors of grouped windows divided by brick pilasters on stone bases with incised or plain stone lintels. The Lafayette flank runs the depth of the building with lot-line windows, molded stone sills and flat lintels. On Jones Alley, five bays of painted brick sit over cast-iron columns and a stone lintel, with a loading dock still in place. The LPC report describes the building as largely intact to its late-nineteenth-century appearance.

There are ten residences plus a commercial unit. The recorded unit designations describe the plan precisely: A, B and C lines on the second through fifth floors, with the B line running as a duplex — recorded transfers show units designated 2/3B and 4/5B — and the C line at the top having been extended into a triplex in a 2016 combination. Two lower-floor combinations were done earlier, in 2000 and 2004. Which is to say: a small building whose apartments have been rearranged individually over twenty-five years, so no two are quite the same and the "unit count" is stable only because the condominium's unit lots are.

Building operations

This is a ten-unit condominium with no staffing to speak of and a commercial condominium unit at the base. Common charges cover a small envelope with three exposed elevations, which is the operative fact for anyone underwriting the building. The DOB record shows the ordinary maintenance history of a well-kept small loft: masonry repairs and re-roofing in 2010, a sidewalk shed and pipe scaffold campaign in 2011, hot-water boiler and storage-tank replacement in 2014 under a permit that cites the original 1985 alteration, and air-conditioning work in 2017. Because the building is landmarked, exterior work requires Landmarks Preservation Commission approval in addition to DOB permits, and in a ten-unit building that timeline and that cost fall on a very small owner base.

There is no J-51 benefit here and never was one on the record we can reach, which is genuinely unusual for a mid-1980s Manhattan loft conversion. It means the real-estate tax line has always been the full line, with nothing phasing in or out.

Policy framework

Condominium mechanics: no board interview and no unreviewable approval, but a right of first refusal exercisable by the board on a sale or a lease. The declaration and by-laws — not the public record — govern financing, subletting, pets, and whether trusts, LLCs and foreign purchasers are accommodated. None of that is published. Get the declaration, the by-laws and any amendments, the current rules, and the most recent financial statements from the managing agent before contract, and read the ground-floor commercial unit's rights along with them.

Local Law 97

Compliance status
Not subject to Local Law 97

This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.

See full Local Law 97 analysis →

Recent sales

Individual residences here have conveyed by deed to unrelated purchasers since the early 1990s, with the bulk of the original unit sales clearing in the early 2000s and steady resale activity since. Ten apartments produce very few trades, and several of the units have been combined or reconfigured, so pricing is a comparables exercise rather than a per-foot exercise: exposure, whether a unit is a simplex, duplex or triplex, ceiling height and condition drive value far more than any building-level average. The building competes with NoHo's boutique condominium stock on architecture and with its loft cooperatives on scale, while offering condominium approval mechanics — a real advantage for trust, entity and foreign buyers. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

2A+48%
$1,720,000 2008$1,457,000 2009$2,840,000 2018$2,550,000 2021

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
May 16, 20235C$4,000,000
Nov 10, 20224A$3,150,000
Mar 31, 20212A$2,550,000
Oct 18, 20182A$2,840,000
Apr 17, 20092A$1,457,000
Jul 3, 20082A$1,720,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00529-7503) 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.

What to know if you’re buying

Read the joint living-work framework, then read the certificate of occupancy. The condominium was declared with joint live/work quarters for artists, per the LPC designation report. Your attorney should confirm the current certificate-of-occupancy language and ask the managing agent directly how the building treats a purchaser who is not a certified artist. In a NoHo loft this is the diligence item that actually matters, and it is easy to skip because condominium purchases move faster than co-op purchases.

Search under both street numbers. The city addresses the tax lot as 17 Bond Street; ACRIS records the same apartments under 17 and 19. A title search or a records review run under only one number will miss half the file.

Ten units and a landmarked corner building. Three exposed elevations, Landmarks jurisdiction over all of them, and ten owners to share the cost. Ask for the last several years of financial statements, the reserve balance, any live or contemplated assessment, and the facade cycle — including the most recent Local Law 11 filing.

Understand the commercial unit. Roughly 3,000 square feet of ground-floor and cellar space is a separate condominium unit with its own rights and its own share of common expenses. Read what it can and cannot do, and what it contributes.

No abatement, and none coming. There is no J-51 on this lot. Underwrite the tax line as-is.

Confirm the plan of your specific apartment. Units here have been combined into duplexes and a triplex across several decades of individual alterations. Ask for the DOB sign-off history for your unit, not just the offering plan's original Schedule A.

What to know if you’re selling

Name the architecture, precisely. Peter L. P. Tostevin, 1879–80, for Bouton and Smith; the only Neo-Grec store-and-loft in the NoHo Historic District Extension, per the Landmarks Preservation Commission's own designation report. On a block where every other building has a design story, this is the one that is genuinely singular — and most listings never say it.

Sell the corner. Three exposures on Bond, Lafayette and Jones Alley, with the Lafayette windows opened in the late twentieth century. Light on two or three sides is the scarce commodity in a NoHo loft, and it is a physical fact rather than a claim.

Get the diligence file assembled before you list. The declaration and by-laws, the current rules, recent financials, the reserve position, the facade record, the certificate of occupancy and the alteration history for your unit. In a ten-unit building, buyers' counsel reads all of it.

Position against the block, not the neighborhood. Your buyer is comparing this to the boutique condominiums up Bond Street and to the loft cooperatives on Great Jones and Bleecker. The pitch is the oldest building on the block, protected, with condominium mechanics — and the joint living-work framework disclosed early rather than discovered late.

Comparable buildings

If you're considering 19 Bond Street, also evaluate:

  • 7 Bond Street — landmarked Second Empire cast-iron loft condominium, the nearest historic-loft peer with condo mechanics
  • 1 Bond Street — the landmarked 1880 Robbins & Appleton cast-iron loft condominium; the same vintage, a block west
  • 22 Bond Street — six-residence corten-steel boutique condominium directly across the street
  • 41 Bond Street — DDG's bluestone-clad boutique condominium of full-floor homes
  • 25 Bond Street — boutique loft-style condominium setting the block's top-end pricing
  • 40 Bond Street — Herzog & de Meuron's 2007 condominium; the block's design benchmark
  • 27 Bleecker Street — 1888 loft on the same tax block, converted in 1985 to artists' joint living-work cooperative; the closest peer on conversion framework, cooperative rather than condominium
  • 27 Great Jones Street — ten-residence loft condominium formed in 1998 from two nineteenth-century buildings
  • 43 Great Jones Street — 1892–93 Romanesque Revival loft co-op of full-floor residences
  • 285 Lafayette Street — the Hawley & Hoops chocolate-factory loft condominium; the larger full-floor alternative

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across East Village + NoHo — read The Roebling Team Guide to East Village + NoHo.

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.

Considering a move at 19 Bond Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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