55 Sullivan Street

The Stephen B. Jacobs Group facade is the building's signature: large, nearly square windows set into off-white paneling, an unexpected and light-filled composition on a low-rise block. It is modern without being glassy — a building designed to bring in light and views while respecting the scale of its surroundings.

Inside, the roughly 39 residences span nine stories, with the loft-scaled proportions, tall ceilings, and oversized windows the facade promises. New construction here delivers contemporary systems, modern kitchens and baths, and the open volume that buyers seek in the SoHo/South Village market. Layouts vary by floor and line; the upper homes capture the best light and the open downtown sky.

55 Sullivan runs as a boutique new condominium with the streamlined services a building of this size supports — an elevatored, well-kept building focused on quality homes rather than a sprawling amenity floor, which keeps common charges efficient.

As a condominium, ownership is flexible. Purchases clear through a condominium right-of-first-refusal rather than a co-op board interview, financing is not capped the way it is at co-ops, and pied-à-terre, investor, and LLC purchases are customary. Common charges, transfer provisions, and house rules follow the building's offering plan, which we help buyers read.

The live sales record is auto-generated on this site's /sales view from the building's BBL. As a roughly 39-unit condominium, the building turns over at a measured boutique cadence — a handful of resales in a typical year. Pricing tracks the SoHo/South Village condominium segment, where light, loft scale, and the rarity of new product on a low-rise block drive value. Treat any specific figure as something to confirm against the current recorded record.

This is new construction with condominium flexibility. Financing is not capped the way it is at co-ops, the purchase process is condominium-standard — a right-of-first-refusal rather than a board package — and pied-à-terre and investor purchases are customary. The differentiators are light and floor: the oversized windows make exposure central to value, so evaluate the line and the level carefully. Read the offering plan for common charges and the tax picture. The location — a quiet South Village block in the heart of downtown's most desirable low-rise district — is the durable asset.

Lead with light and location. The signature windows and loft scale, on a coveted South Village block, are an easy story to tell. Benchmark to the SoHo/South Village condominium segment, where new product on a low-rise block is scarce and trades at a premium. The condominium structure speeds the close through a right-of-first-refusal, a real advantage for the flexibility-minded downtown buyer. Position the upper-floor, best-lit homes accordingly — that is where the premium concentrates.

If you're considering 55 Sullivan Street, also look at these nearby SoHo and Village options:

• 136 Sullivan Street — South Village building nearby
• 110 Charlton Street — a 2018 Hudson Square condominium
• 100 Vandam Street — South Village / Hudson Square condominium
• 25 Bond Street — BKSK Architects's 2008 Manhattan condominium
• 1 Bond Street — NoHo cast-iron conversion