Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $725,000

· Closed August 30, 2016

224 1st Avenue #5B
Closed For Sale Condo

$725,000

224 1st Avenue #5B

East Village, Manhattan

CROSSINGS

MLS® #RLS10036932

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1985

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1985
Ownership Condo
HOA/Common Charges $428/mo
Property Taxes $6,456/yr
Neighborhood East Village
Floor 5 of 5

Property Highlights

  • Exposure: East facing
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 5
Exposure East
Cooling Wall Units
Pets Yes
Cross Street EAST 13 STREET and EAST 14 STREET
Year Built 1985

Listing History

Event Date Price Change
Listed Jun 20, 2016 $715,000 -
Currently Apr 27, 2026 $725,000 +1.4%

Description

NEW - Beautifully renovated 1BR CONDO in prime East Village! This open and spacious home has been renovated from top to bottom. Located on the top floor of a well-run elevator building, Apt. 5B has amazing light and beautiful finishes. The modern kitchen has stainless steel appliances, sleek black stone countertops, dishwasher, and plenty of storage. The oversized bedroom is large enough for a king bed and has a customized walk-in closet. This home also features beautiful bamboo flooring, customized black-out shades, and abundant storage throughout.

Enjoy easy access to the buildings massive planted roof terrace with seating, pergola and spectacular views including the Empire State Building down through the World Trade Center. The Crossings Condominium is a boutique elevator building featuring a modern laundry room, intercom system, and a superintendent. There are only 4 units per floor, and the monthly Common Charges and Real Estate Taxes are very low. Perfect for primary owners, pied-a-terres or investors!

The First Avenue L Train station is in front of this building, and there is easy access to Union Square, Whole Foods, Trader Joe's, movie theaters, the Farmers Market, and Tompkins Square Park. Call today for a private viewing! Assessment of $162/month through June 2017.

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $428/mo
RE Taxes $6,456/yr ($538/mo)
Original Price $715,000
Sale Price $725,000
Previous Price $715,000

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

98

Median Asking Price

$1.30M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

8

Price Reduced

24%

Sold (30 Days)

4

Median Sale Price

$1.41M

Live data from RLS at REBNY • Updated 4/27/26, 1:08 AM EST

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Location

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224 1st Avenue #5B, East Village, New York County • Near EAST 13 STREET and EAST 14 STREET

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1911
Year Built
115 years old
5
Floors
40
Residential Units
C1-7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $6,171,749
Land Value: $1,710,000
Exemptions: $65,656

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

Lot Area: 12,821 SF
Building Area: 31,711 SF
Built FAR: 2.47
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 $428 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,456, or roughly $538 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 1985, making it approximately 41 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.

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: RLS10036932
First Listed: 6/20/2016
Price Changed: 8/31/2016
Closed: 8/30/2016
Contract Date: 6/20/2016

Listing Courtesy of The Corcoran Group - Tony Testa

Listing Contact: (646) 675-6173

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 4/27/2026 at 5:08 AM UTC

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