Cooperative — loft co-op of full-floor residences over a ground-floor commercial space · 1892
43 Great Jones Street
43 Great Jones Street, New York, NY 10012
Buildings·East Village + NoHo·Cooperative — loft co-op of full-floor residences over a ground-floor commercial space

43 Great Jones Street

43 Great Jones Street, New York, NY 10012

At a glance
Year built
1892
Type
Cooperative — loft co-op of full-floor residences over a ground-floor commercial space
Units
7
Floors
6
Landmark
Designated
Amenities
Common landscaped roof deck with outdoor kitchen and irrigation, private storage, updated common areas, recent roof work per listing records

Great Jones Street is two blocks long and carries more cultural weight per foot than almost any street downtown: the landmarked 1898 Beaux-Arts firehouse of Engine Company 33 sits directly across the street, and Jean-Michel Basquiat lived and worked — and died in 1988 — in Andy Warhol's building at 57 Great Jones, a few doors east. Within that setting, 43 Great Jones is the quiet original: an 1892–93 Romanesque Revival store-and-loft building by Graul & Frohne that the Landmarks Preservation Commission's designation report singles out as largely intact to its nineteenth-century appearance, from the rusticated brownstone base and cast-iron storefront to the terra-cotta cornice.

The building's residential history tracks NoHo's exactly. Built for the cane merchant Edward Benneche when the blocks north of Houston were industrializing, it spent decades as commercial loft space — the import/export house E. Miltenberg held it from roughly 1929 to 1965 — and was converted to joint living-work quarters for artists in 1979 as the neighborhood's manufacturing base emptied out. The cooperative followed in 1987: a plan of one offered unit floor and five reserved floors, sponsored by the 43 Great Jones Owners Assistance Corporation, whose offering plan is on file in The Roebling Research Library.

What that history produces today is a genuinely scarce ownership format: seven residences — essentially one loft per floor, plus a triplex maisonette and a penthouse with private roof rights — in a protected building on a block where boutique condo development next door (the three-unit 41 Great Jones conversion of 2016, whose offering plan is also on file with us) has priced the street's new product dramatically higher. For buyers who want an entire floor of NoHo behind a landmark facade, this is one of a handful of addresses that deliver it.

Architecture and unit composition

The facade rewards attention: a two-story rusticated brownstone base with its historic cast-iron storefront intact, paired upper-floor windows separated by half-fluted columns, Roman brick piers with floriated brownstone plaques, terra-cotta spandrels, arched fifth-floor windows under brownstone voussoirs, and a deeply worked terra-cotta cornice with colonnette finials. The LPC report notes brownstone deterioration in places — relevant to long-term facade planning in a seven-unit building — and protects the whole composition within the NoHo Historic District Extension.

Inside, the residences are full-floor lofts of roughly 1,700 to 2,300 square feet on a 27-by-90-foot footprint, with front-and-rear light, high ceilings, and the irregular character of a true 1890s loft conversion. The configuration includes a triplex maisonette at the base and a penthouse with a large private roof terrace; recent listing records describe renovations running to central air, in-unit washer-dryers, and full smart-home systems. With seven units, condition and floor level drive value more than line — each apartment is effectively its own product.

Building operations

This is self-managed boutique co-op mechanics in nearly pure form: no staff, a ButterflyMX virtual doorman, a package room, storage, and a common landscaped roof deck with an outdoor kitchen. Maintenance — which includes water, heat, and natural gas per listing records — runs low for the square footage, and the building's compiled financial statements on file show the modest, low-debt balance sheet of a small owners' corporation. The trade-off is the usual one: decisions run through a board of six neighbors, and there is no superintendent to absorb friction. The proprietary lease framework is strict where it matters — no subletting, no subdividing, board approval for all renovations, per the purchase application on file.

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

The retrade record

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

6+21%
$3,875,000 2017$4,700,000 2021
4-78%
$2,500,000 2007$3,162,500 2014$560,000 2019

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

DateUnitPrice
Sep 7, 20221$3,875,000
Jan 19, 20226$4,700,000
Jul 29, 20194$560,000
Oct 20, 20176$3,875,000
Dec 23, 20144$3,162,500
Jan 31, 20143$2,700,000
View all 7 recorded transfers, 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 1-00530-0028) 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

Understand the artist-certification framework before you offer. The building converted under NoHo's joint living-work quarters for artists regime, and the purchase application on file requires a letter of indemnification where an owner lacks Artist Certification from the Department of Cultural Affairs — the A.I.R. waiver path that listing records confirm is permitted. The 2021 SoHo/NoHo rezoning placed the parcel in the Special SoHo-NoHo Mixed Use District with a residential zoning equivalent, but your attorney should confirm the certificate-of-occupancy posture and what the waiver mechanics mean for you.

Subletting is off the table. The purchase application on file is unambiguous: leasing all or part of the unit violates the proprietary lease. Buy for occupancy, not optionality — and underwrite your hold period accordingly.

Seven units means seven votes. Reserve depth, assessment appetite, and facade planning (the LPC report documents brownstone wear) all run through a very small shareholder base. Review the financials on file with your attorney and ask about the capital plan for the envelope.

No staff, by design. A virtual doorman and package room replace a lobby staff. Maintenance with heat, gas, and water included is the compensation; price the trade against full-service condo carry.

The block is the amenity — and it is loud with history, not traffic. Engine 33's firehouse across the street is a working firehouse; visit at different hours. Bond Street's restaurant row and the 6 at Bleecker and B/D/F/M at Broadway-Lafayette are minutes away.

What to know if you’re selling

Market the floor, not the apartment. Full-floor ownership behind an intact 1893 Romanesque Revival facade on Great Jones Street is the product; the marketing should name the architecture (Graul & Frohne, the cast-iron storefront, the terra-cotta cornice) and the street's cultural register with precision.

Position against the condos. Your buyer is cross-shopping 41 Great Jones and the Bond Street boutique stock at substantially higher per-foot pricing. The pitch is the original loft article — scale, light, protected facade — at a co-op basis, with the honest caveats (A.I.R. framework, no subletting) stated up front, where they screen for the right buyer rather than losing the deal in diligence.

Prepare diligence materials early. With trades this infrequent, buyers' attorneys will work hard on the documents. We provide the offering plan, purchase application, and financial statements from The Roebling Research Library to serious buyers' counsel at contract.

Comparable buildings

If you're considering 43 Great Jones Street, also evaluate:

  • 1 Bond Street — the landmarked 1880 Robbins & Appleton cast-iron loft condominium one block north; the closest historic-loft peer with condo mechanics
  • 40 Bond Street — Herzog & de Meuron's 2007 boutique condo; the street-adjacent starchitect benchmark
  • 25 Bond Street — 2005 boutique loft-style condo setting NoHo's top-end pricing
  • 41 Great Jones Street — the three-unit 2016 boutique condo conversion next door (offering plan on file in The Roebling Research Library)
  • 48 Great Jones Street — loft co-op across the street; the most direct like-for-like comp
  • 652 Broadway and 33 Bleecker Street — classic NoHo artist-loft co-ops with similar conversion-era frameworks
  • 21 Bond Street — 1893 loft co-op over retail, the same vintage and stock one block north

The Roebling Team at 43 Great Jones Street

The Roebling Team at Compass works NoHo, Greenwich Village, and the broader downtown loft market as a core practice area. We publish this building profile because Great Jones Street buyers and sellers deserve building-specific intelligence — conversion documentation, the A.I.R. framework, and loft-stock comparables — not generic neighborhood commentary.

If you're considering a transaction at 43 Great Jones Street, a 30-minute consultation is the right starting point.

Considering a transaction at 43 Great Jones Street?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com