Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,900,000

· Closed September 26, 2022

173 E BROADWAY #2B
Closed For Sale Condo

$1,900,000

173 E BROADWAY #2B

Lower East Side, Manhattan

FORWARD BUILDING

MLS® #RLS10825428

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

3

Baths

N/A

Sq. Ft.

1912

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Year Built 1912
Ownership Condo
HOA/Common Charges $2,249/mo
Property Taxes $32,100/yr
Neighborhood Lower East Side
Floor 2 of 10

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1912)
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Floor 2 of 10
Pets Yes
Cross Street RUTGERS STREET and CANAL STREET
Year Built 1912 (New)
Architectural Style Prewar
Parcel # 0284-1207

Listing History

Event Date Price Change
Listed Jun 14, 2022 $1,995,000 -
Currently May 4, 2026 $1,900,000 -4.8%

Description

The Forward Building, aka 173-175 East Broadway, is a Beaux Arts Architectural Masterpiece. This property is located in one of the most beautiful landmark buildings in NYC, built in 1912, and converted in 2006 by the Lower East Side architect Ron Castellano in a contemporary design that pays homage to the historical landmark. Situated directly across from Seward Park, the converted luxury condominium 'skyscraper' remains a defining presence in this vibrant neighborhood.

This double height, light-filled duplex offers an ideal setting for both relaxed living and entertaining. An open great room, 2 bedroom, and 3 full bathroom layout is complemented by soaring, 20-foot ceilings, creating a dramatic living experience that feels like a townhouse within a full-service condominium. Both floors provide sizable bedrooms, smart design and access to the great room. An adjoining, open-concept kitchen is well-equipped for any chef and host looking to prepare for casual entertaining with a relaxed and easy eat-in banquette extending right off the kitchen. From the moment you arrive, the effortless flow of space is immediately apparent, achieving an exceptional level of versatility throughout the home. A bathroom is located on each level, making the floor plan very conducive for day-to-day living.

Situated in one of the most sought-after neighborhoods in the downtown area, the 29 unit, pre-war conversion offers residents amenities that include a 24-hour doorman, refrigerator storage in lobby for perishable deliveries, a video-intercom system, central laundry, basement storage cages and wine refrigerator, and bike racks. A rooftop deck showcases spectacular views of Seward Park, the Brooklyn Bridge, Lower East Side, The Empire State Building, midtown and all of downtown Manhattan. This dramatic duplex is a rare offering of pre-war pedigree and a flexible modern lifestyle.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $2,249/mo
RE Taxes $32,100/yr ($2,675/mo)
Original Price $1,995,000
Sale Price $1,900,000
Previous Price $1,995,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

113

Median Asking Price

$1.27M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

9

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 7:46 AM EST

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Location

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173 E BROADWAY #2B, Lower East Side, New York County • Near RUTGERS STREET and CANAL STREET

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
C5-5
Zoning District

Tax & Assessment

Assessed Value: $3,457,350
Land Value: $1,917,000
Exemptions: $0

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

Lot Area: 2,132 SF
Building Area: 5,000 SF
Built FAR: 2.35
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

The current listed common charges are $2,249 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $32,100, or roughly $2,675 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1912, making it approximately 114 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: RLS10825428
First Listed: 6/14/2022
Price Changed: 9/27/2022
Closed: 9/26/2022
Contract Date: 6/14/2022

Listing Courtesy of Douglas Elliman Real Estate - Frances Katzen

Listing Contact: (917) 705-1864

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 5/4/2026 at 11:46 AM UTC

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