50 Henry Street (Bishop Paul Moore Tower)
46–50 Henry Street, New York, NY 10002
BBL 1002777502 · BIN 1003345
- Year built
- 1990
- Type
- Condominium
- Units
- 32
- Floors
- 12
- Amenities
- Elevator. Balconies or terraces on some units, per listing records. No doorman is documented
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Every recorded sale at this building, 2004–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $1,179
- floor-adjusted, 1 sale
- Recorded sales
- 17
- On record
- 2004–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Bishop Paul Moore Tower 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.
The building came out of a church land deal. The Episcopal Diocese of New York held 46–50 Henry Street, where the Church of Our Savior, a Chinatown Episcopal parish, had worshipped since the 1970s. In 1989 the parish and the diocese agreed with a private developer to replace three old tenements with a new sanctuary, a community center, and a condominium tower above them. The tower is named for Paul Moore Jr., Episcopal Bishop of New York from 1972 to 1989. He laid its cornerstone in 1990 and dedicated it in 1992, per the parish's published history.
The deal shaped the ownership structure. The church kept its space as a condominium unit, and ACRIS records its deed in 1994. The church unit carries a house-of-worship exemption on the Department of Finance roll. The 32 residences above it were sold to individual purchasers between 1993 and 1995, and nearly all first sales closed within two years.
This is not a city homeownership-program building. ACRIS shows no HPD or other city mortgage and no regulatory agreement against the base lot or the residential units. First buyers took title from the private sponsor. Since then, units have resold at market to separately named buyers, whose beneficial relationships are not established by the deeds, without recorded resale restrictions.
Architecture and unit composition
The residences stack three to a floor above the church base. The A, B and C lines include studios and larger one- and two-bedroom plans, per listing records. At twelve stories on a block of five- and six-story tenements, the upper floors look out over Two Bridges and toward the downtown skyline and the bridges. The church's sanctuary and community center occupy the lower floors and have their own entrance.
The mixed-use structure matters to a buyer. The residential board and the church share the building's structure, façade and systems. The declaration and bylaws allocate the costs of common elements between the residential units and the church unit. Read them, and ask how façade work under Local Law 11 is divided.
Building operations
Tax position. On the current Department of Finance roll, the residential unit lots show only owners' personal exemptions, such as senior and veteran exemptions. None carries a 421-a or J-51 benefit. The historical J-51 file shows no J-51 for this lot. Any as-of-right benefit from the early 1990s has expired, and no phase-out is ahead.
Capital work. Department of Buildings filings show façade repair jobs in 2007 and 2018. Ask the managing agent for the current Local Law 11 cycle status and any open assessment.
Management. Staffing is not documented in the records reviewed. Confirm current management and staffing at offer stage.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $19,735/yr
- Per unit / month range
- $0 – $51
- Modeled exposure split equally across 32 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring prompt corrective action. The owner must install any public protection the inspector specifies (a sidewalk shed, construction fence or structural netting, depending on the condition) and make the repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Bishop Paul Moore Tower trades as older Two Bridges condominium stock, priced per square foot. It has no amenity package and no doorman; compare actual sales and monthly costs with full-service condominiums and waterfront towers before assigning a pricing tier. Recorded resales are thin, and some years have none, so an asking price may rest on one or two comparables from inside the building. Compare the two penthouses separately for their floor, layout and exposure. ACRIS shows many units that have not changed hands since the first sales in 1993–1995, so check a resale unit's renovation history before comparing it with others. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 17, 2024 | 6B | 570 sf | $680,000 | $1,193/sf | — |
| Sep 15, 2022 | 11B | 570 sf | $600,000 | $1,053/sf | — |
| Mar 21, 2022 | 7A | 558 sf | $580,000 | $1,039/sf | — |
| Sep 26, 2019 | 2A | 509 sf | $458,000 | $900/sf | — |
| Oct 4, 2018 | 9A | 1 BR · 750 sf | $575,000 | $767/sf | -26.3% |
| May 3, 2018 | 7B | 1 BR · 760 sf | $738,000 | $971/sf | -4.2% |
| Jan 11, 2017 | PHA | 558 sf | $197,013 | $353/sf | — |
| Feb 20, 2014 | 6C | 493 sf | $320,000 | $649/sf | — |
Market read. Most recent trades (2024) cleared a median $1,179/sf (floor-adjusted) across 1 sale. 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.
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 1-00277-7502; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
What would your apartment rent for?
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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Read the declaration's cost split. The church unit's share of common charges and capital costs determines what the residences pay. Ask for the current budget and how it is allocated between the two.
Confirm the policy stack. Pets, leasing and pied-à-terre rules are not public. Condominium rules are usually more permissive than co-op rules, but get them in writing from the managing agent.
No documented income or owner-occupancy restrictions. None are recorded against the residential units. Your title report should confirm that.
Comparable buildings
- 25 Market Street (Honto 88): full-service condominium on the same block, completed 1989
- 95 Madison Street: prewar condominium on the same block
- 148 Madison Street (Madison Tower): 2002 Two Bridges condominium
- 183 East Broadway (West Lake Terraces): 2007 condominium a few blocks north
- 136 East Broadway (138 Mansion): 2008 East Broadway condominium
- 20 Henry Street: loft-conversion condominium in Brooklyn Heights, across the East River from this Manhattan address
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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com