377 West 11th Street

The building is a four-story brick commercial structure of 1930, with the long frontage and deep floors of a building designed for goods rather than households. It is not landmarked and carries no LPC restrictions, which is unusual this close to the Greenwich Village Historic District and its extensions. Exterior changes still go through DOB and zoning, but not through the Landmarks Commission.

The apartments get their volume from the original structure. Listing records describe living rooms with ceilings of 15 to 20 feet, mezzanine levels built into the double-height space, wood-burning fireplaces, and large east- and south-facing windows. A 2005 DOB filing shows a third-floor apartment renovated and a mezzanine level converted to habitable use. That kind of work matters to value here: in a building like this, two apartments on the same floor can differ widely in usable area depending on whether the mezzanine has been built out and legalized.

Apartments run from single-level lofts to duplex penthouses at the top. River exposure depends on the line. Apartments on the West Street side look across the highway to the park and the Hudson; apartments on the West 11th Street side face south down the block.

Listing records describe an elevator, a virtual doorman system, a full-time superintendent, and laundry. There is no staffed lobby. Buyers coming from full-service buildings should factor that into how they value the building; a lean staff is also one reason maintenance on loft buildings of this type tends to run below full-service levels for the same square footage. Confirm the current figure for the specific apartment.

On capital posture, ACRIS shows the corporation's underlying mortgage refinanced in 2008 and again in August 2017, with a separate credit facility recorded alongside the 2017 loan. Rate, term, balance and maturity were not established in the reviewed materials. A buyer's attorney should get them from the most recent audited financial statements, together with the reserve balance and any assessment history.

No offering plan, house rules or financial statement for this building was located in The Roebling Research Library or the Compass Offering Plan Library. The policy lines below come from listing records. Get each one confirmed in writing by the managing agent before relying on it.

Per listing records: pets are permitted; pied-à-terre purchases are permitted; purchases through a corporation and purchases by parents for a child are permitted; washer/dryers are allowed in apartments; and the minimum down payment is 25 percent.

Not established in the materials reviewed: the flip tax or transfer fee and who pays it; the sublet policy, including any ownership seasoning, term cap and fee; the board's post-closing liquidity expectation; whether trusts and LLCs are treated the same way as corporations; and the alteration agreement terms that govern mezzanine and fireplace work. Ask for all of it at the outset.

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2026 to date) cleared a median $1,107/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00638-0001). 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.

Reconcile the current apartment count. HPD registration, DOB filings and listing records cite 28, while PLUTO cites 38; the reviewed ACRIS designations run A through G plus penthouses. Check dates, combinations, the share ledger and occupancy records before selecting a denominator. Any valuation impact depends on whether a specific model uses that count and how; a discrepancy alone does not establish a percentage valuation error.

Confirm what is legal space. Mezzanines and double-height volumes are the building's selling point and its main diligence risk. Ask for the DOB filings and sign-offs for the specific apartment. A mezzanine built without a permit is a problem in a board package and at resale.

The policy stack is sourced from listing records only. Pied-à-terre, corporate purchase and parents-buying are all reported as permitted, which is unusually flexible for a downtown co-op. Get it confirmed in writing, together with the flip tax and the sublet policy, before you make an offer.

There is no landmark overlay. Window replacement, rooftop work and exterior changes need no LPC approval; DOB permits depend on the scope of work. That is a real advantage on this block.

Ask about the 2017 financing. The underlying mortgage and credit facility were recorded in 2017. Their maturity determines when the corporation next refinances, which feeds into maintenance. Run the numbers through the Co-op Board Qualification Calculator once you have the maintenance figure.

Lead with the volume and the river. Loft ceilings, a fireplace and a view of Hudson River Park in a cooperative with flexible reported purchase rules is a clear, specific story. Put the ceiling height and the mezzanine square footage in the materials.

Have the paperwork for the apartment ready. For any apartment with a mezzanine, combination or fireplace work, have the DOB sign-offs and the board's alteration approvals ready before you list. In this building, that paperwork is part of what the buyer is paying for.

If you're considering 377 West 11th Street, also evaluate:

• 433 West Street — the former Sapolio works on the same block; loft cooperative on West Street
• 164 Bank Street — soap-factory conversion on the same block; loft-scale cooperative apartments
• 380 West 12th Street — 1898 cold-storage warehouse converted to a 53-unit cooperative near the river
• 603 Washington Street — elevator loft cooperative in a former industrial building a few blocks south
• 652 Hudson Street — small West Village loft conversion cooperative
• 247 West 12th Street — garage-to-loft cooperative conversion of the early 1980s, similar in size
• 3 Weehawken Street — 1870s industrial building near the river converted to condominium; the condo alternative
• 345 West 13th Street — 1890 building converted to loft condominiums in 1999