Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

Listed at $1,325,000 · Sold 5.7% below asking · Closed March 18, 2025

62 E 1st Street #2S
Closed For Sale Condo

$1,325,000

$1,290 per sq ft

62 E 1st Street #2S

East Village, Manhattan

MLS® #RLS11013795

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

1

Bath

1,027

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,027 sq ft
Lot Size 3,414 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,078/mo
Property Taxes $17,052/yr
Neighborhood East Village
Floor 2 of 7

Property Highlights

  • Views: City
  • Exposure: South facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 2 of 7
View City
Exposure South
Pets Yes
Cross Street First Avenue
Year Built 2008
Living Area 1,027 sq ft
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Lot Size 3,414 sq ft
Parcel # 0443-1104
Block/Lot 00443/7502

Listing History

Event Date Price Change
Listed Oct 4, 2024 $1,325,000 -
Price Reduced Nov 6, 2024 $1,425,000 +7.5%

Description

Experience the perfect balance of comfort, style, and investment potential in this sun-drenched 2-bedroom, 1-bathroom condo. Spanning 1,027+/- square feet, this modern residence boasts an additional 173+/- square-foot south-facing terrace with serene, tree-lined views—a rare find in the heart of Manhattan. Situated at the intersection of the East Village, Noho, and the Lower East Side, this home offers an unparalleled indoor-outdoor living experience, combined with the energy of some of New York’s most sought-after neighborhoods. Step outside to discover top-rated restaurants, cafés, boutique shopping, and lush green spaces—blending vibrant city life with the tranquility of your own urban oasis. Inside, the expansive open-concept living and dining area features oak floors, soaring ceilings, and floor-to-ceiling windows that flood the space with natural light. The large private terrace is perfect for al fresco dining or enjoying the city views with your morning coffee. The gourmet kitchen is a chef's dream, complete with a large quartzite eat-in peninsula, sleek custom Pedini Italian cabinetry, and premium appliances, including a vented Viking gas range and stainless-steel appliances by Bosch, Viking, and Liebherr. Retreat to the spacious primary suite, which includes a California Closets walk-in closet and sun-filled southern exposure. The second bedroom is generously sized to accommodate a full-size bed and a desk, ideal for guests or a home office. The spa-like bathroom features a deep soaking tub with air jets, a rainfall shower, and luxurious travertine finishes. For added convenience, there is an in-unit Miele washer and dryer. 62 East 1st Street provides residents with a suite of modern amenities, including a Butterfly MX intercom system, a package room, and a rooftop deck with stunning city views. You'll be minutes from Whole Foods, Essex Market, Tompkins Square Park, and iconic dining destinations like Katz’s Delicatessen and Russ & Daughters. NYU is nearby, and multiple subway lines (6, B, D, F, M, J, Z) make commuting a breeze. The projected real estate tax assumes a 17.5% reduction under the cooperative/condominium abatement – Real Property Tax Law § 467-a. Purchasers are advised to consult a tax professional to determine eligibility for the abatement program. 

Features & Amenities

Interior Features

Open Floorplan Stone Counters In Unit Flooring: Hardwood

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Balcony

Appliances

Dryer Dishwasher Free Standing Refrigerator Gas Cooktop Gas Oven Washer

Building Information

Total Units 10
Stories 7
Structure None

Financial Details

Common Charges $1,078/mo
RE Taxes $17,052/yr ($1,421/mo)
Sale Price $1,250,000
Previous Price $1,425,000

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

94

Median Asking Price

$1.30M

Median $/Sqft

$1,761

Avg Days on Market

N/A

New This Week

5

Price Reduced

24%

Sold (30 Days)

4

Median Sale Price

$1.36M

Live data from RLS at REBNY • Updated 4/22/26, 2:49 PM EST

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Location

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62 E 1st Street #2S, East Village, New York County • Near First Avenue

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
3
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $474,060
Land Value: $27,780
Exemptions: $0

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

Lot Area: 2,060 SF
Building Area: 5,750 SF
Built FAR: 2.79
Allowed FAR: 2

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 $1,078 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $17,052, or roughly $1,421 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,027 square feet. Verify dimensions independently during due diligence.

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.

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

At the current list price of $1,325,000 for 1,027 sq ft, the asking price per square foot is approximately $1,290. This figure is for reference only and may differ from appraised or assessed values.

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: RLS11013795
First Listed: 10/4/2024
On Market: 10/4/2024
Price Changed: 11/6/2024
Closed: 3/18/2025
Contract Date: 10/4/2024

Listing Courtesy of Sothebys International Realty - Mae Bagai

Listing Contact: (917) 714-0415

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 4/22/2026 at 6:49 PM UTC

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