Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

240 1 AVENUE

MN · East Village · New York, NY 10009

Built 1945 13 Floors 8764 Units Elevator Apartments
A
100/100
Compliance Score

No open violations on record. Building is in full compliance.

What This Means for Buyers

240 1 AVENUE is a large-scale pre-war elevator apartments building with walk-up in East Village. 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 en... Zoned R7-2, this building sits in a medium-density residential allowing mid-rise apartments, typical of established manhattan neighborhoods like the lower east side. The building has a clean compliance record with no open violations.

East Village

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.

View Full Neighborhood Profile

Compliance & Violations

Clean Compliance Record

This building has no open violations on record with NYC DOB or HPD.

Source: NYC Department of Buildings & HPD (data.cityofnewyork.us)

Permits & Renovations

No recent permit filings found.

Zoning & Development

Zoning District
R7-2

Medium-density residential allowing mid-rise apartments, typical of established Manhattan neighborhoods like the Lower East Side.

Overlay
C1-5
Floor Area Ratio (FAR)
3.34 / 6.50
49% development potential remaining

Building Details

Owner of Record
BPP ST OWNER LLC
Physical
Building Class
Elevator Apartments (D7)
Land Use
4
Year Built
1945
Floors
13
Buildings on Lot
39
Total Units
8812
Residential Units
8764
Gross Floor Area
8,942,176 sq ft
Lot Area
2,675,000 sq ft
Lot Frontage
1362 ft
Lot Depth
2023 ft
Municipal Districts
Community District
CD 6
City Council
District 4
School District
2
Police Precinct
13
Fire Company
E005
Sanitation District
6
BBL
1009720001.00000000

Source: NYC PLUTO (data.cityofnewyork.us)

Street View

Location

Building Subway 🏫 Elementary 📚 Middle 🎓 High School

Nearby Schools

Nearby Schools

Public schools within 0.5 miles

Elementary
P.S. 034 Franklin D. Roosevelt
Grades PK-5 · 0.35 mi
DOE Profile →
P.S. 015 Roberto Clemente
Grades PK-5 · 0.66 mi
DOE Profile →
The STAR Academy - P.S.63
Grades PK-5 · 0.69 mi
DOE Profile →
High School
East Side Community High School
Grades 9-12 · 0.30 mi
DOE Profile →
Marta Valle High School
Grades 9-12 · 0.90 mi
DOE Profile →

Third-party school info: GreatSchools · NYC DOE

School zones and assignments change. Verify current eligibility with NYC DOE directly.

Source: NYC Department of Education (data.cityofnewyork.us)

Questions about school zoning and eligibility? I can help verify current assignment rules. Ask Milton

Frequently Asked Questions about 240 1 AVENUE

What kind of building is 240 1 AVENUE?
240 1 AVENUE is recorded in NYC PLUTO as a Elevator Apartments (building class D7).
When was 240 1 AVENUE built?
Built in 1945, 13 floors, 8812 total units. Data sourced from NYC PLUTO, the city's official tax lot database.
How many units are at 240 1 AVENUE?
8764 residential units across 13 floors. The building also contains 48 commercial or non-residential units.
How many apartments are currently for sale at 240 1 AVENUE?
Active listing counts are loaded from the REBNY Listing Service in real time. See the Active Listings section above for current availability and price ranges. If no listings appear, there are no units currently on the market through RLS.
What is the average price per square foot at 240 1 AVENUE?
Per-square-foot pricing is calculated from closed sale transactions in the Sales History section above. Actual pricing varies by floor, exposure, renovation level, and unit layout. For a current valuation, contact Milton for a building-specific comparable market analysis.
What is the closest subway to 240 1 AVENUE?
240 1 AVENUE is served by MTA subway lines within MN. The Nearby Transit section above shows all stations within half a mile.
How can I see the full sales history for 240 1 AVENUE?
The Sales History section above shows closed transactions from the REBNY Listing Service (RLS). For full deed and mortgage history back to 1966, use ACRIS, NYC's official property records system. Learn how to use it in our guide: How to Search NYC Property Records on ACRIS.
Who should I contact about a listing at 240 1 AVENUE?
Milton Coste, Licensed Real Estate Associate Broker at Keller Williams NYC. Call or text (917) 416-7433, email mcoste@kwnyc.com, or schedule a consultation online. Milton has represented buyers and sellers across all five boroughs for 25+ years.

Interested in 240 1 AVENUE?

Milton Coste is a Licensed Real Estate Associate Broker at Keller Williams NYC with 25+ years across all five boroughs. Call, text, or schedule a free consultation.

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