The $7.4 Million Secret Behind 10 Bond Street, NY: Inside NoHo’s Most Architecturally Stunning Luxury Condo

Contents

The address 10 Bond Street in New York City is not just a location; it is a statement of ultra-luxury architecture and exclusive downtown living. As of late , 2025, this seven-story residential masterpiece continues to define the high-end real estate market in the coveted NoHo neighborhood, with recent and future closing prices soaring into the multi-millions, including a unit scheduled to close for $7.4 million in August 2024 and another for over $5.2 million in August 2025. This boutique condominium, famed for its distinctive red terra-cotta facade, represents a perfect blend of historic neighborhood charm and refined modernism, making it one of Manhattan's most sought-after properties for discerning buyers.

The building, situated at the corner of Bond Street and Lafayette Street, is a critical architectural contribution to the NoHo Historic District, a neighborhood characterized by its elegant 19th-century loft structures. Developed by a collaboration including Ironstate Development, The Chetrit Group, and SK Development, 10 Bond Street has become a benchmark for contextual contemporary design in a landmarked area, a feat achieved through the meticulous vision of its world-renowned architects.

The Architectural Pedigree: Selldorf Architects and the Iconic Facade

The immediate and lasting appeal of 10 Bond Street lies squarely in its brilliant architectural design, a project helmed by the acclaimed New York-based firm, Selldorf Architects. Annabelle Selldorf, known for her minimalist yet materially rich approach, conceived a building that pays homage to its historic surroundings without resorting to imitation.

The structure is a seven-story building housing only 11 exclusive cooperative units, ensuring privacy and an intimate living experience. Its design was met with high praise from the city’s Landmark Preservation Commission (LPC), which recognized its successful integration into the NoHo district.

The Custom Terra-Cotta and Bronze Detail

The most recognizable feature of the building is its stunning, custom-made red terra-cotta facade. Selldorf Architects chose architectural ceramics for the exterior due to the medium's natural flexibility, durability, and historical resonance with New York City's older buildings.

  • Material Choice: Individual terra-cotta panels were custom-extruded by Boston Valley Terra Cotta, a process that ensures each piece contributes to the building's distinctive texture and color.
  • Design Integration: The terra-cotta forms the columns and spandrels of the building, creating a rhythmic, textured surface that contrasts beautifully with the industrial aesthetic of its neighbors.
  • Bronze Accents: The facade is further enhanced by hand-finished cast bronze detailing and oversized bronze-framed windows. This rich material palette of red ceramic and dark metal exudes a sense of timeless, ultra-luxury quality.

This careful selection of materials and attention to detail, including consultation with firms like Lopergolo + Bartling, solidifies 10 Bond Street's status as a contemporary architectural landmark in Manhattan.

The Ultra-Luxury Market at 10 Bond Street: Recent Sales and Valuation

The real estate activity at 10 Bond Street provides a clear picture of the enduring value and high demand for this specific brand of downtown luxury. Despite market fluctuations, the limited collection of 11 units consistently commands premium prices, reflecting the building's prestige, location, and architectural significance.

Recent and future closing data confirms the property's elite valuation, with prices per square foot well above the Manhattan median.

Key Transaction Data (2022–2025):

  • October 2022 Sale: Unit 4E, a 3-bedroom, 4-bath, 2,775 sq ft property, last sold for $7,100,000.
  • August 2024 Closing: Unit 5E, a 3-bedroom, 3.5-bath unit spanning 2,775 sq ft, is scheduled to close for $7,400,000, achieving a price of $2,667 per square foot.
  • August 2025 Closing: Unit 6W, a 2-bedroom, 2.5-bath unit of 1,866 sq ft, is scheduled to close for $5,275,000, or $2,827 per square foot.

These figures demonstrate that buyers are willing to pay a significant premium for the unique combination of Selldorf's design, the full-time doorman service, and the prime NoHo location, solidifying 10 Bond Street’s position as a top-tier investment in Manhattan real estate. The building is often cited as a benchmark for luxury co-op living in the area.

Commercial Footprint and Neighborhood Context

Beyond its residential luxury, 10 Bond Street also plays a role in the commercial landscape of the NoHo/SoHo-Nolita area. The ground-floor retail space is highly valuable, benefiting from the heavy foot traffic and high-end consumer base of the surrounding neighborhood.

The Retail Anchor: Away Travel

The building’s commercial portion, a 4,880 square foot space, has been a significant investment asset. A notable tenant that has anchored the space is Away Travel, the successful modern luggage and travel brand. The decision by Away to open its first permanent store at 10 Bond Street further underscores the address’s status as a destination for contemporary, high-profile brands, blending the residential luxury with a modern retail experience. This commercial presence adds another layer of topical authority and interest to the property.

NoHo: The Historical and Cultural Context

10 Bond Street is perfectly situated in NoHo (North of Houston Street), a neighborhood known for its historical architecture and artistic legacy. The district's character is defined by its elegant loft structures, which were once manufacturing and commercial buildings. The building's design, with its oversized windows and industrial-yet-refined materials, successfully references this history while offering state-of-the-art modern amenities.

The immediate vicinity is a nexus of cultural entities and high-end commerce, making it a highly desirable place to live. Residents benefit from easy access to:

  • Boutique shopping and designer flagships.
  • World-class dining and exclusive nightlife.
  • The cultural institutions and galleries of downtown Manhattan.
  • Major transportation hubs, including the Lafayette Street corridor.

In conclusion, 10 Bond Street is far more than a luxury apartment building; it is a masterclass in contextual architecture by Selldorf Architects and a consistently performing asset in the Manhattan real estate market. From its custom-extruded terra-cotta facade and cast bronze detailing to its multi-million dollar closings and high-profile retail tenants like Away Travel, the property remains a fresh, unique, and highly relevant entity in the story of New York City's ultra-luxury residential scene.

The $7.4 Million Secret Behind 10 Bond Street, NY: Inside NoHo’s Most Architecturally Stunning Luxury Condo
10 bond st ny
10 bond st ny

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