Condominium · 2009
Soho 55 Thompson
55 Sullivan Street, New York, NY 10012
Buildings·Condominium

55 Sullivan Street

55 Sullivan Street, New York, NY 10012

At a glance
Year built
2009
Type
Condominium
Landmark
No

55 Sullivan Street — marketed as Soho 55 Thompson — is a 2009 boutique condominium on a quiet South Village block between Broome and Grand, where Greenwich Village meets SoHo. Designed by the Stephen B. Jacobs Group, it rose on a site that had been an auto-repair shop and, before that, an empty lot, bringing new condominium homes to one of downtown's most coveted low-rise corridors.

The building's design is clean and contemporary — an imaginative facade of large squarish windows set in off-white paneling that brings abundant light into the residences while reading as a calm, modern neighbor on a block of older buildings. With roughly 39 homes across nine stories, it is intimate by design, offering loft-scaled living in a neighborhood where genuine inventory is scarce and tightly held.

For buyers, the case is new-construction quality and light in a true SoHo/South Village location — steps from the neighborhood's galleries, restaurants, and shopping, with the Spring Street and Houston Street transit close at hand.

Architecture and unit composition

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.

Building operations

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.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$4,220/yr
Per unit / month range
$0 – $9
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2015–20
Safe
2020–25
Safe
2025–30
Safe
2030–35
Due
Next report due
by Feb 2032
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

Recent sales

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.

What to know if you’re buying

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.

What to know if you’re selling

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.

Comparable buildings

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

The Roebling Team at Soho 55 Thompson

The Roebling Team at Compass works across SoHo, the Greenwich Village and South Village market, and downtown Manhattan, with particular focus on boutique condominiums where light and scale drive value. We publish this profile because buyers and sellers at buildings like Soho 55 Thompson deserve building-specific intelligence — what the design delivers, how the condominium operates, and where the pricing sits.

If you're considering a purchase or sale at 55 Sullivan Street, a 30-minute consultation is the right starting point.

Considering a move at Soho 55 Thompson?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com