Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
2021 1ST Avenue #2B
Closed For Sale Condo

$599,000

2021 1ST Avenue #2B

East Harlem, Manhattan

OBSERVATORY PLACE

MLS® #RLS10074574

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 2008
Ownership Condo
HOA/Common Charges $720/mo
Property Taxes $3,432/yr
Neighborhood East Harlem

Property Highlights

  • Location: East Harlem, Manhattan
  • Property Type: Condo
  • Built: 2008

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths null Full
Pets Yes
Cross Street E. 103rd St/E. 104th St
Year Built 2008

Listing History

Event Date Price Change
Listed Jun 23, 2017 $675,000 -
Price Reduced Sep 8, 2017 $625,000 -7.4%
Currently May 18, 2026 $599,000 -4.2%

Description

Supersized one bed condo in Observatory Place, a LEED Green Building. This terrific apartment boasts bamboo flooring, Bosch washer/dryer, over-sized windows, GE appliances, Caesar stone counter tops, Italian-made custom kitchen cabinetry, a beautifully marbled and calming full bath, and central heating and air conditioning. The home is nicely bright & very serene with a beautiful leafy green exposure. The nicely appointed lobby has a doorman, a package room complete with refrigerated storage, a bike room and free Wi-Fi in common areas for your convenience. There is a common roof deck with panoramic views of the city and East River and a fitness center as well. This elevator building is wheel chair accessible and offers private storage bin with the apartment. Pets & pied-a-terres and are allowed. Low cc's & taxes.

Features & Amenities

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $720/mo
RE Taxes $3,432/yr ($286/mo)
Original Price $675,000
Sale Price $599,000
Previous Price $625,000

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

69

Median Asking Price

$745K

Median $/Sqft

$825

Avg Days on Market

N/A

New This Week

3

Price Reduced

30%

Sold (30 Days)

1

Median Sale Price

$2.56M

Live data from RLS at REBNY • Updated 5/18/26, 9:09 AM EST

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Location

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2021 1ST Avenue #2B, East Harlem, New York County • Near E. 103rd St/E. 104th St

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2007
Year Built
19 years old
11
Floors
41
Residential Units
R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,793,852
Land Value: $355,950
Exemptions: $2,290

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

Lot Area: 5,694 SF
Building Area: 35,199 SF
Built FAR: 6.18
Allowed FAR: 6.02

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

The current listed common charges are $720 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $3,432, or roughly $286 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 2008, making it approximately 18 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.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10074574
First Listed: 6/23/2017
Price Changed: 9/8/2017
Closed: 5/13/2018
Contract Date: 6/23/2017

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Maria Cangiano

Listing Contact: (212) 381-3295

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 1:09 PM UTC

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