Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

RENTED AT $11,000/mo

· Leased April 28, 2026

123 3rd Avenue #5A
Closed For Rent Condo

$11,000/mo

$-11,000 per sq ft

123 3rd Avenue #5A

East Village, Manhattan

MLS® #RLS20086573

RLS at REBNY

Listing by Howard Hanna NYC

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

2

Bedrooms

2

Baths

-1

Sq. Ft.

2010

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area -1 sq ft
Year Built 2010
Ownership Condo
Neighborhood East Village

Property Highlights

  • Exposure: North,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Exposure North,West
Cooling Central Air
Pets Yes
Year Built 2010
Living Area -1 sq ft
Structure Type None
Furnished Unfurnished
Parcel # 0469-1412
Block/Lot 0469/7505

Listing History

Event Date Price Change
Listed Apr 24, 2026 $10,500 -
Currently May 1, 2026 $11,000 +4.8%

Description

This light-filled two-bedroom, two-bathroom home offers space and style with a light-filled living room and a well-equipped open kitchen that’s ready for the avid cook. Here, a suite of Miele appliances will make preparing meals a pleasure as will the functional layout with stunning Poliform cabinets. Hardwood floors throughout, Somfy electric roller blinds, and Shade Store black-out curtains combined with the two-zone AC Nest system for absolute comfort plus a washer/dryer and an upgraded Italian master closet by Lema. All this is set within a LEED-certified condo building with a full-time doorman and amenities including a fitness room, a lounge space, business center, storage cages, bike storage, and a courtyard with a BBQ grill and large projector. Whole Foods, Trader Joe's, and Trader Joe's Wine Shop are just steps away. The Union Square Market plus all the dining, shopping, and culture the East Village has to offer are at your fingertips.

Features & Amenities

Interior Features

In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 47
Structure None

Rental Details

Available

5/26/2026

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$11,000

Security Deposit

$11,000

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Move-In Costs

AdministrationFee

Tenant Pays

Electricity

Fee Details

Electricity, Cable

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$917
Est. nightly rate
65%
Avg. occupancy
$17,882
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

The East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its active street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperatives, historic low-rise walk-ups, and a growing selection of modern boutique condominiums that offer luxury amenities in Downtown Manhattan.

East Village Live Market Data

View Neighborhood

Active Listings

109

Median Asking Price

$1.29M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

13

Price Reduced

24%

Sold (30 Days)

3

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 5/1/26, 9:38 AM EST

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Location

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123 3rd Avenue #5A, East Village, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2009
Year Built
17 years old
17
Floors
47
Residential Units
C1-9A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $11,436,753
Land Value: $1,858,505
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,426 SF
Building Area: 47,724 SF
Built FAR: 10.78
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is -1 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2010, making it approximately 16 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $11,000 for -1 sq ft, the asking price per square foot is approximately $-11,000. This figure is for reference only and may differ from appraised or assessed values.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20086573
First Listed: 4/24/2026
On Market: 4/24/2026
Price Changed: 4/28/2026
Closed: 4/28/2026
Contract Date: 4/24/2026

Listing Courtesy of Howard Hanna NYC - Christa Chi

Listing Contact: (917) 741-5338

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 1:38 PM UTC

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