40 Bond Street
40 Bond Street, New York, NY 10012
NoHo
BBL 1005307505 · BIN 1008495
- Year built
- 2007
- Type
- Condominium
- Units
- 33
- Floors
- 11
- Financing
- No financing cap — unit owner may mortgage with any lender in any amount (subject to standard By-Law conditions). Condo baseline.
- Subletting
- Leasing permitted (condominium); Board/association review applies. Short-term rentals and AirBnB are not permitted.
- Pied-à-terre
- Permitted.
- Washer / dryer
- Permitted in-unit.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Parents purchasing for children permitted.
- Guarantors
- Permitted.
- Tax status
- Historical: Sponsor applied for Section 421-a partial tax exemption (construction commenced 2005-06; mini-tax based on 2004/05 assessed value). 421-a benefit period was limited and is very likely expired — verify current status before publishing.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2007–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $3,920
- Listing discount
- 6.9%
- Recorded sales
- 60
- On record
- 2007–2024
40 Bond Street is Herzog & de Meuron's first US residential project — and Pritzker-winning Swiss firm's only NYC residential of this scale. Per public records: "a modern landmark."
Everything starts with the Herzog & de Meuron pedigree — the Pritzker-winning Swiss firm's first US residential commission, its facade "a reinvention of the cast-iron building found through NoHo and SoHo." That reinvention reaches the street in the building's most photographed feature, a 140-foot cast-aluminum graffiti gate that answers the surrounding cityscape (one critic described it as "as if it's a wet cast iron skeleton dipped in sugar"). The developer believed in the result enough to move in: in an Ian Schrager developer-as-owner vote of confidence, Schrager bought the triplex penthouse for $14.9M in June 2008.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $34,357/yr
- Per unit / month range
- $0 – $110
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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 →Management & transfer contacts
- Sublet policy
- Allowed; owner of 2+ units may not lease/occupy more than one simultaneously without Board consent
- Pied-à-terre
- Allowed
- Notable fees
- Condo lease fee $600 per year of lease (paid upfront for multi-year)
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Dec 16, 2024 | 4B | 2 BR · 1,382 sf | $5,000,000 | $3,618/sf | +0.0% |
| Apr 12, 2024 | 6B | 2 BR · 2.5 BA · 1,382 sf | $5,525,000 | $3,998/sf | -4.7% |
| Dec 27, 2023 | 5B | 2 BR · 2.5 BA · 1,382 sf | $6,022,425 | $4,358/sf | +2.1% |
| May 15, 2023 | 6A | 3 BR · 3.5 BA · 2,617 sf | $7,750,000 | $2,961/sf | -6.6% |
| Jun 3, 2022 | TH | 3 BR · 4 BA · 3,750 sf | $8,400,000 | $2,240/sf | -6.1% |
| Nov 15, 2021 | 4B | 2 BR · 2.5 BA · 1,382 sf | $4,300,000 | $3,111/sf | -1.8% |
| Dec 18, 2020 | 4C | 3 BR · 3.5 BA · 2,637 sf | $5,750,000 | $2,181/sf | -17.8% |
| Jun 27, 2019 | 5B | 2 BR · 2.5 BA · 1,382 sf | $3,922,000 | $2,838/sf | -7.7% |
Market read. Most recent trades (2024) cleared a median $3,920/sf across 2 sales. Median listing discount 6.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-00530-7505) 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
The Herzog & de Meuron Pritzker-winning architectural pedigree is real institutional context. Firm's first US residential project.
The 140-foot cast-aluminum graffiti gate is structurally distinguishing.
The Ian Schrager developer-as-owner anchor is real institutional context.
The 33-unit configuration (27 + 5 townhouses + crown penthouse) is structurally varied.
The bottle-green glass mullion grid is real architectural-history credential.
The public records 93 rating (tied #1 NoHo) is marketable institutional context.
Comparable buildings
- 25 Bond Street — BKSK 2008; immediate NoHo trophy peer (tied #1)
- The Schumacher (36 Bleecker) — Morris Adjmi 2015; nearby NoHo peer
- 40 Bleecker Street — Rawlings 2019; nearby NoHo peer
- Devonshire House (28 East 10th) — Roth / 2011 condo; nearby Greenwich Village peer
- 1 Fifth Avenue — Helmle & Corbett 1929; nearby Greenwich Village peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across East Village + NoHo — read The Roebling Team Guide to East Village + NoHo.
Considering a move at 40 Bond Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 40 Bond Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.