The Croft

The Croft reads as a classic early-century commercial loft building: a masonry-and-stone facade with the rhythm of generous window bays, articulated base, and cornice that defined Beaux-Arts office design before the curtain wall. The mid-2000s conversion preserved that exterior while rebuilding the interiors as residences, and the 2006 restoration brought the common areas up to a contemporary standard without erasing the building's age.

Inside, the 52 residences are laid out across 16 floors — a boutique density that keeps the building intimate. The conversion produced the loft proportions the original structure makes possible: tall ceilings, deep floor plates, and oversized windows. Homes range from efficient one-bedrooms to larger layouts, with the variation typical of a converted building where original column lines and window placement shape each plan.

The Croft runs as a full-service boutique condominium. A 24-hour doorman staffs the attended lobby, a resident superintendent handles day-to-day building needs, and the amenity set is anchored by a fitness center and a common roof deck with the open Lower Manhattan sky and skyline views the height of the building allows. The profile records a 2006 common-area renovation and subsequent upkeep; inspect current conditions and request the latest capital-work records.

As a condominium, The Croft has no co-op board admission; purchases run through the condominium's application and right-of-first-refusal process. Leasing by owners is permitted with conditions. Buyers should confirm financing, pied-à-terre and ownership-entity rules, the building's specific transfer and move-in fees, and the leasing provisions in the offering plan, declaration, bylaws and house rules as part of the deal.

Recent sales

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.

Market read. Most recent trades (2026 to date) cleared a median $952/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. Median listing discount 2.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00079-7503; 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.

The appeal here is loft character at a downtown price, inside a condominium structure. The purchase process is condominium-standard, running through the condominium's application and right-of-first-refusal process rather than a co-op board interview; financing, pied-à-terre and investor rules should be confirmed in the declaration and bylaws. Buyers should still read the building's house rules and offering plan for the specifics on subletting, pets, and move-in logistics, and weigh the realities of a converted prewar building — window lines, mechanical systems, and floor plates shaped by the original 1905 design.

Lead with what new construction can't replicate: a genuine 1905 Beaux-Arts building, loft proportions, and a boutique 52-unit scale on a prime Nassau-John corner. Benchmark to the conversion segment, not the glass towers — your comparison set is the Financial District's prewar-to-condo inventory, where character and ceiling height drive value. The condominium structure is a selling point — the right-of-first-refusal process appeals to the financing- and flexibility-minded downtown buyer. And location does heavy lifting: Fulton Center transit, the Seaport, and the express lines are all within a short walk.

If you're weighing The Croft, also look at these nearby Financial District and Lower Manhattan options:

• 150 Nassau Street — prewar conversion a block north
• 25 Park Row — Park Row condominium overlooking City Hall Park
• 55 Liberty Street — landmark Liberty Street conversion
• 111 William Street — FiDi condominium nearby
• 5 Beekman Street — landmark conversion at Beekman and Nassau