169 1st Avenue

East Village

$5,395,000
Price
3
Beds
1
Bath
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

As exclusive agent, Compass is pleased to offer for
sale a townhouse gem with an income-producing
component located at 169 First Avenue in downtown Manhattan’s East Village. The building is located between East 10th and East 11th Streets.
169 First Avenue is a 3-story townhome with a
newly renovated three-bedroom triplex apartment
overlooking a secret garden oasis. There is a ground
floor retail store which provides a steady stream of
income for the next eight years.
The roof was renovated in 2016, and the
...As exclusive agent, Compass is pleased to offer for
sale a townhouse gem with an income-producing
component located at 169 First Avenue in downtown Manhattan’s East Village. The building is located between East 10th and East 11th Streets.
169 First Avenue is a 3-story townhome with a
newly renovated three-bedroom triplex apartment
overlooking a secret garden oasis. There is a ground
floor retail store which provides a steady stream of
income for the next eight years.
The roof was renovated in 2016, and the fire escape
was replaced in 2010. There is a 23’ x 60’ landscaped
garden in the rear of the building. There is a full
basement.
The existing structure features excellent light and
air exposure due to lower scale buildings to the
East, South and proximity to Tompkins Square
Park. The Property is zoned R7A with a C1-5
commercial overlay.

The underlying base residential zoning coupled
with the commercial overlay permits the property
to be redeveloped and configured as a mixed-use
conversion or entirely for residential use. This
offering presents developers and user-purchasers with the opportunity to acquire a structurally-sound building ready for conversion and redevelopment. The Property is ideal for either an investor or user.
Situated in one of Downtown Manhattan’s most
vibrant neighborhoods, the Property is in close
proximity to the 14th Street commercial corridor,
Tompkins Square Park, Union Square, Astor Place/
Cooper Square, NYU’s Washington Square campus,
Cooper Union, Mt. Sinai Beth Israel Hospital, the
East Side Medical-Biotech Corridor, and an array
of neighborhood attractions including dining and
nightlife, museums, galleries and independent
specialty retail shops.
Multiple subway lines are within a short walking
distance including the 6 train at Astor Place, L train
at First Avenue and F-M trains at Second Avenue.

Listing Agents

  1. Scott Savory

    Scott Savory

    Listing Agent

    Compass

  2. Albert Sitt

    Albert Sitt

    Listing Agent

    Compass

  3. Nick Krasniqi

    Nick Krasniqi

    Listing Agent

    Compass

Amenities

  • Private Yard
  • Walk Up
  • Washer / Dryer in Unit
  • Lowrise
Add your commute
LISTING UPDATED: 01/04/2022 11:54 AM

Property Details for 169 1st Avenue

StatusTemporarily Off Market
Days on Market258
Taxes$21,365 / month
Maintenance-
Min. Down Pymt-
Total Rooms6.5
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1901
Lot Size2,317 SF / 23' x 100'
CountyNew York County

Building

169 1st Ave

1 Units3 StoriesBuilt in 1901
Add your commute

Building Information for 169 1st Avenue

Stories3Year Built1901Building Size23.17' x 40'Building Sq. Ft2,780.4 SFLot Size2,317 SF / 23' x 100'Building AgePre-warBuilding TypeTownhouseSenior Community-

Payment Calculator

$50,808 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,443

Property Taxes

$21,365

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 169 1st Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 169 1st Avenue

Taxable ValueLand$132,000Additions$146,820Total$278,820
Home Facts
Total Finished SqFt2,760 SqFtLot Size2,316 SqFtYear Built1901ZoningR7AAPN1004520034

Schools near 169 1st Avenue

This home is within New York City Geographic District # 1.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
The East Village Community School
PublicPK to 5

The Children's Workshop School
PublicPK to 5

Neighborhood School
PublicPK to 5

P.S. 19 Asher Levy
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.