Carter's Review

This highly ornate and impressive, mid-block, 10-story building at 42 Ann Street between Nassau and William Streets contains 7 condominium apartments including a duplex penthouse.

The building, which is also known as 127 Fulton Street, was erected in 1893 for Keuffel & Esser and was designed by DeLemos & Cordes.  Keuffel & Esseer was founded in 1867 by William Keuffel and Herman Esser and was well-known for its survey and drafting instruments.  It became part of the Azon Corporation in 1987.

The building was converted to a residential condominium in 2008 as the Compass Lofts and then in 2014 by EMP Capital and Empire Capital Holdings.  For many years, the building has been owned by Collegiate Realty, part of the Colegiate Reformed Protestant Dutch Church in New York City.

Colkitt & Co. was the architect for the conversion.

The building was declared an individual New York City landmark in 2005.

Bottom Line

An extremely attractive, late 19^th Century commercial building designed by DeLemos & Cordes and converted to large condominium residences with high ceilings and coffered ceilings and deluxe kitchens.

Description

The building distinguished by its very handsome terracotta and beige-brick façade with banded rustication, strong bandcourses above the second, third, and fifth floors, three large arched windows on the second floor, a great central arched window with segmented outer panes, surmounted by an eagle hovering over an armored helmet,.two small circular cast-iron balconies flanking the arched window, and a large bay window on each of the top two floors.

Amenities

The building has a virtual doorman, keyed elevator access, humidification systems, radiant heated flooring, a laundry room and basement storage.

The building is pet-friendly and has central heating and cooling, water filtration and air filtration.

Apartments

Apartments have barrel-vaulted, 13.5-foot-high ceilings and three full bathrooms and open plans except for the three-bedroom, 3,444-square-foot penthouse that has 1,028 square feet of outdoor space on three terraces.

The lower apartments have 2,708 square feet with 52-foot-long living rooms, and gas fireplaces.

Apartments have open kitchens with islands and porcelain countertops and stainless steel appliances by Liebherr and Viking.

Baths have radiant heated flooring and whirlpool tubs.

The duplex penthouse has a 39-foot-long living room and a 29-foot-long kitchen area and a large terrace on the 9th floor and a 25-foot-lonmgliing area and a 19-foot-long second living area and three terraces on the top floor.

The sixth-floor unit has a 21-foot-long master bedroom with a 9-foot-square closet leading to a 21-foot-long master bathroom and the second bedroom is 19 foot long.  The front of the floor includes a living room, a dining area, a 19-foot-long open kitchen with an island, a lounge, and an office.