Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,750,000

· Closed May 15, 2023

118 E 1ST Street #PH
Closed For Sale Condo

$4,750,000

$1,541 per sq ft

118 E 1ST Street #PH

East Village, Manhattan

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MLS® #RLS10847652

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

3

Baths

3,082

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 3,082 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $1,444/mo
Property Taxes $62,988/yr
Neighborhood East Village
Floor 8 of 9

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Balcony
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full
Floor 8 of 9
Exposure East,North,South,West
Pets Yes
Cross Street 1 AVENUE and AVENUE A
Year Built 2021 (New)
Living Area 3,082 sq ft
Parcel # 0429-1105

Listing History

Event Date Price Change
Listed Sep 7, 2022 $5,855,000 -
Currently Apr 23, 2026 $4,750,000 -18.9%

Description

Encompassing the 8th and 9th levels and the mezzanine, One One Eight PH is a 3,082 sq. ft three-bedroom, 3 bath residence that represents the very latest in both contemporary chic and sustainable building. Ringed with terraces and balconies and topped with a stunning roof-spanning deck, this luxurious and meticulously planned triplex is perfect for city dwellers who love an urban tempo but crave an indoors-outdoors balance.

Direct keyed elevator access opens into a foyer, beyond which lies a sun-drenched terrace with a boxwood hedge. Boasting 15' ceilings, the dining area and living room are ideal for entertaining and relaxing, with the latter featuring an additional airy 66 sq. ft. balcony and a ventless fireplace with Tundra Gray stone mantel and surround. The gourmet kitchen is a masterful combination of efficiency and culinary technology with sleek Miele appliances, a chef's 36" Bertazzoni induction range and hood, Artemis White marble countertops and backsplash, a dual-zone French door wine refrigerator, Bosch drawer microwave and concealed trash bins, all surrounded by European Oak cabinetry by Alta Cucine.

The half-floor primary bedroom suite includes room for seating, exercising or an office, a Juliet balcony with an irrigated hanging garden, roomy walk-in closet and a jewel-box en-suite bath with customized dual vanity, Siberian and Woodgrain marble walls, herringbone flooring, Italian fixtures by New Form in brushed stainless steel and a handcrafted bathtub by Wetstyle. Two further spacious bedrooms, one with courtyard balcony, offer Italian wardrobes by Alta with white lacquered doors, contrasting all-wood interiors and LED lighting. A second full bath boasts elegant finishes and fixtures by New Form and Kohler. Both baths have Toto toilet fixtures and Aquadom medicine cabinets with integrated dimmable LED lighting, clock, USB outlet and defogger.

On the third level a large space overlooks the living and dining areas: currently configured as a media room, it could also serve as a gym or home office. Sprawling over 1194' sq. ft., the crowning roof garden includes a kitchen with an electric BBQ range and wet bar for gatherings as well as irrigation for a lap pool or jacuzzi. Stunning views day and night include the Empire State and Chrysler Buildings. Plantings of potted juniper and hydrangeas are served by automatic Hunter Node battery-operated irrigation systems with drip irrigation lines in all planters.

Custom Italian white oak doors by GD Dorigo with Italian Columbo Design hardware; walls are adorned with flexible lighting and recessed oak baseboards; 6" European white oak floors appear throughout; 10' ceilings on the lower level, third full bath with shower, dedicated laundry closet with vented Samsung washer and dryer and storage space round out the apartment.

Beneath its striking fa ade of Jet Mist granite, One One Eight incorporates numerous green materials and practices, including energy-efficient German windows by Schuco, interior and exterior insulation and continuous fresh-filtered air through MERV-13 air filters with energy-saving heat exchange. Akuvox R295 virtual doorman services provide touch-screen video doorman support and security.

Surrounded by the famously bohemian cafes, restaurants and night-spots of the East Village, including such standbys as Katz's Deli, Lucien, Russ & Daughters, Dirty French and Prune, the building literally overlooks the historic streets of the LES, where cultural centers such as The New Museum and the International Museum of Photography, art galleries and emporiums hum with creative energy. Equinox is across the street, Whole Foods a block away. Near the F/M/J/Z trains, the Penthouse at One One Eight is a chance to stake a claim at the center of things.

The complete offering terms are in an offering plan available from Sponsor. File No. CD21-0273

Features & Amenities

Exterior Features

Balcony Balcony

Appliances

Dryer Dishwasher Washer Dryer Allowed Washer

Building Information

Building null
Total Units 4
Stories 9

Financial Details

Common Charges $1,444/mo
RE Taxes $62,988/yr ($5,249/mo)
Original Price $5,855,000
Sale Price $4,750,000
Previous Price $5,855,000

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

95

Median Asking Price

$1.30M

Median $/Sqft

$1,763

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 4/23/26, 6:06 AM EST

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Location

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118 E 1ST Street #PH, East Village, New York County • Near 1 AVENUE and AVENUE A

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2021
Year Built
5 years old
9
Floors
4
Residential Units
R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,164,049
Land Value: $673,200
Exemptions: $0

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

Lot Area: 2,116 SF
Building Area: 10,584 SF
Built FAR: 5
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 $1,444 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $62,988, or roughly $5,249 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 3,082 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 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 $4,750,000 for 3,082 sq ft, the asking price per square foot is approximately $1,541. 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: RLS10847652
First Listed: 9/7/2022
Price Changed: 5/15/2023
Closed: 5/15/2023
Contract Date: 9/7/2022

Listing Courtesy of Douglas Elliman Real Estate - Allison Chalfin

Listing Contact: (646) 423-2595

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 4/23/2026 at 10:06 AM UTC

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