Condominium · 2001
River & Warren
212 Warren Street, New York, NY 10282
Buildings·Condominium

River & Warren

212 Warren Street, New York, NY 10282

At a glance
Year built
2001
Type
Condominium
The Data Room

Every recorded sale at this building, 2015–2026

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

Median $/sf
$1,512
Listing discount
-1.8%
Recorded sales
266
On record
2015–2026

River & Warren occupies one of the most enviable positions in lower Manhattan: the northern edge of Battery Park City, where the planned waterfront neighborhood meets Tribeca and the Hudson River esplanade runs right past the door. Built in 2001 by Rockrose Development as a rental, the 27-story building was acquired by Centurion Real Estate Partners and Five Mile Capital Partners and converted into 166 condominium residences in 2015, with the conversion designed by CetraRuddy Architects — a firm with a long Battery Park City and downtown residential record.

The address is the asset. The building connects two of downtown's most desirable neighborhoods — the master-planned calm, parks, and river access of Battery Park City and the loft-and-restaurant culture of Tribeca — and many of its homes look directly out over the Hudson. For buyers who want river light, green space, and a family-friendly setting without leaving lower Manhattan, the location does much of the selling.

What makes River & Warren a clean buy is its structure: a genuine condominium, with the financing latitude and ownership flexibility that form provides, in a neighborhood where the housing stock is a mix of condos, co-ops, and rentals. The 2015 conversion delivered renovated, condominium-grade residences inside a building with a full-service operation already in place.

Architecture and unit composition

River & Warren is a contemporary masonry-and-glass tower whose 2015 conversion reworked the residences for ownership rather than rental turnover. The 166 homes span a range of layouts, with the western and northern exposures capturing open Hudson River and skyline views — the building's defining feature and the reason elevation and exposure drive value here so strongly. CetraRuddy's conversion work focused on bringing the interiors and shared spaces up to a condominium finish standard while preserving the building's efficient floor plates.

The residence mix runs from well-proportioned one-bedrooms to larger family layouts and penthouse homes at the top of the tower, where the river views are at their most expansive. In-unit laundry, contemporary kitchens and baths, and the building's full glazing give the homes a bright, modern character suited to the waterfront setting.

Building operations

The building runs as a full-service condominium with a 24-hour doorman and concierge. Its standout shared space is the landscaped 18th-floor roof terrace — grills, a sundeck, and panoramic Hudson River views — complemented by a fitness center, a yoga studio, a children's playroom, bike storage, and private storage units available for purchase. The Hudson River esplanade, the Battery Park City ball fields and parks, and the neighborhood's schools are all within a short walk, and Tribeca's restaurants and the downtown subway network are immediately adjacent.

As a condominium, the building offers the ownership flexibility the form is known for. There is no co-op admissions board or interview — purchases clear through a condominium right of first refusal rather than a board package. Financing is flexible, with no board-imposed cap. Pied-à-terre, trust, LLC, co-purchase, and investment ownership are customary, and subletting is permitted with condominium-level freedom. The building is pet-friendly. One Battery Park City-specific fact every buyer must understand: the land beneath the building is owned by the Battery Park City Authority, so owners pay a ground rent (and a payment in lieu of taxes) rather than a conventional property tax. The building's ground-lease terms were brought into alignment with the rest of the neighborhood's condominiums and stabilized, removing the prospect of an abrupt ground-rent spike — a known, modelable cost rather than an open question.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
On record
$19,750 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

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
May 12, 202616A
2 BR · 2 BA · 1,441 sf
$2,325,000$1,613/sfoff-mkt
Apr 7, 202617S
3 BR · 3 BA · 1,526 sf
$2,600,000$1,704/sf-3.5%
Feb 26, 202621A
2 BR · 2.5 BA · 1,461 sf
$2,400,000$1,643/sf-4.0%
Dec 12, 20252C
3 BR · 3 BA · 1,661 sf
$2,700,000$1,626/sf-1.8%
Nov 14, 20254C
3 BR · 3 BA · 1,661 sf
$3,262,500$1,964/sfoff-mkt
Jun 5, 202511L
4 BR · 3.5 BA · 2,277 sf
$4,740,000$2,082/sfoff-mkt
Dec 5, 20242C
3 BR · 3 BA · 1,661 sf
$2,845,000$1,713/sf-1.9%
Sep 23, 202410C
4 BR · 2,402 sf
$4,925,000$2,050/sfoff-mkt

Market read. Most recent trades (2026) cleared a median $1,512/sf across 3 sales. Median listing discount -1.8% over ask.

The retrade record

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

10E · 1,691 sf+76%
$3,085,298 ($1,825/sf) 2015$5,429,774 ($3,211/sf) 2021
14G · 1,654 sf+35%
$2,438,709 ($1,474/sf) 2016$3,300,000 ($1,995/sf) 2017
3E · 1,212 sf+34%
$1,756,481 ($1,449/sf) 2015$2,350,000 ($1,939/sf) 2018
6B · 1,399 sf+25%
$1,985,588 ($1,419/sf) 2015$2,475,000 ($1,769/sf) 2017
9R · 1,153 sf+25%
$1,634,291 ($1,417/sf) 2015$2,050,000 ($1,778/sf) 2017

Other recent transfers

DateUnitPrice
Nov 30, 201524A$7,360,000
View all 266 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 1-00016-7521) 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

Buy the view and the exposure — a river-facing high-floor home here is a fundamentally different asset from an interior unit, and the price should reflect it. The location is the durable value: waterfront, parks, schools, and Tribeca all at the doorstep.

Underwrite the ground lease and the PILOT (payment in lieu of taxes) carefully — this is the one piece of math that separates a Battery Park City condominium from a fee-simple one elsewhere downtown. The terms here are stabilized and aligned with the neighborhood's other buildings, so the numbers are knowable; build them into your carrying-cost analysis and you'll find the building's pricing reflects them already. The condominium structure is otherwise a clean advantage: free financing, entity ownership, pied-à-terre use, and a fast closing path. We help buyers read the offering plan, model the ground-rent and PILOT figures, and benchmark the price against the Battery Park City and Tribeca comparable sets.

What to know if you’re selling

Lead with the river and the lifestyle: a high-floor, Hudson-facing home in a full-service Battery Park City building with a landscaped roof terrace sells on light, views, and a genuinely family-friendly waterfront setting. The CetraRuddy conversion and the full-service operation reinforce the case.

Be clear and proactive about the ground-lease and PILOT structure — a knowledgeable buyer will ask, and presenting the stabilized terms cleanly removes the single most common source of hesitation at Battery Park City. Benchmark to the neighborhood's condominium set and the adjacent Tribeca waterfront, pricing the view and floor specifically rather than to a building-wide average. The condominium closing path — a right of first refusal, no board package — is a selling point to flexibility-minded buyers. We position resales to that pool and price to the right comparable set.

Comparable buildings

If you're considering River & Warren, these nearby Battery Park City and Tribeca waterfront buildings round out the comparison set:

The Roebling Team at River & Warren

The Roebling Team at Compass specializes in Battery Park City, Tribeca, and the lower Manhattan waterfront — including the ground-lease and PILOT mechanics that make Battery Park City a distinct market. We publish this profile because buyers and sellers at River & Warren deserve building-specific intelligence: the conversion history, the amenity set, the ground-lease structure, and where the value sits against the surrounding waterfront inventory.

If you're considering a transaction here, a 30-minute consultation is the right starting point — we'll walk the ground-lease math and the comparison set with you.

Considering a move at River & Warren?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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