--- title: "137 East 13th Street #1A, New York City, NY 10003" description: "137 East 13th Street #1A, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $2,400,000. Studio bed, 1 bath, 2,649 sqft Illustrative Buyer Commission Share of $36,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/137-east-13th-street-1a-ny-10003" source: "Real Estate Rebate Team" dateModified: "2026-09-30T23:12:20.298Z" status: "Active" --- # 137 East 13th Street #1A, New York City, NY 10003 Gramercy Park, New York City, NY Courtesy of Jade Stone Real Estate Consulting Inc Last updated: September 30, 2026, 7:12 PM ## At a Glance - **Listing Price**: $2,400,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 2,649 - **Common Charges**: $1,358 / mo - **Monthly Taxes**: $5,102 / mo - **Price per Sqft**: $906 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,400,000 - **Illustrative Buyer Commission Share**: -$36,000* - **Illustrative Net Cost**: $2,364,000 *Illustrative Buyer Savings of $36,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![137 East 13th Street #1A, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2363c5d9-a8b2-4658-afe3-4f5d48ef1c3c.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/edd2797f-054b-4927-b678-b2e593f50978.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8a67763f-0506-4dc5-b2ab-82c718aba0e5.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/75e1cd1c-1761-482b-b2e0-7c662bf3b419.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f8875f07-6bf4-4ed0-953d-9b68034215fd.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7ef08d6d-61d7-4c1d-965b-ecd9fd7f29d5.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9f8d9d2d-b734-4ca8-93d4-632f659c59ea.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bf145981-9353-4739-b860-0801cd39ec4f.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/73aab62b-c749-4545-8784-ae585bb95680.jpg) ![137 East 13th Street #1A, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/99a94c5f-42b2-48df-ab66-fb3b95e95d40.jpg) ## Property Overview **QUALIFIED OFFER REQUIRED PRIOR TO TOUR** A qualified offer must be submitted and reviewed prior to scheduling any property tour. **Please do not contact the tenant directly.** EXECUTIVE SUMMARY Jade Stone Real Estate Consulting is pleased to offer 137 East 13th Street, Grand Floor/Cellar Level, a premier New York City retail condominium priced at $2,400,000. This turnkey asset provides a highly predictable, long-term income stream secured by a newly executed 10-year lease commencing April 1, 2025. Offered at a 5.97% capitalization rate, the property is an ideal vehicle for 1031 exchange buyers and yield-focused investors. The lease guarantees aggressive yield growth via 4% contractual annual rent escalations. Furthermore, it features a landlordfavorable modified NNN structure that strictly limits operational overhead; the tenant pays all direct utilities and is contractually obligated to reimburse 100% of Real Estate Tax and Common Charge increases above their respective base year limits. Property Details: - Block & lot: 00559-1001 - Neighborhood: Union SQ/ East Village - Zoning: C6-2A / R8A equiv. - Property type: Commercial Retail Condominium - Lot dimensions:25 ft X 100 ft - Lot sq. ft.: 2,175 - Building dimessions: 25 ft x 63 ft - Year Built: 2005 - Stories 10 - Square feet (Ground + Cellar) apprxo. 2649 sf - Rear Yard approx. 328 sf - Infrastructure: Fully Vented with Gas In-Place - Tenant in place Yoko-Cho Inc **FINANCIAL SNAPSHOT** - Asking Price: $2,400,000 - Cap Rate: 5.97% - Current Base Rent (2026/2027): $224,640 - Rent Escalations: 4% Annually - Lease Expiration: March 31, 2035 - Expense Structure: Tenant pays all utilities + 100% of Tax & Common Charge increases over base year. - Infrastructure: Vented & Gas **PROPERTY & INVESTMENT HIGHLIGHTS** The property is zoned C6-2A / R8A equiv., permitting a broad range of commercial uses including restaurant, service, and specialty retail operations. - Secure Tenancy: The unit is secured by a 10-year lease expiring March 31, 2035, with one 5-year extension option at market rate. - Built-In Appreciation: The lease features contractual 4% annual base rent escalations, ensuring continuous yield growth throughout the hold period. - Expense Pass-Throughs: A landlord-favorable modified NNN structure requires the tenant to reimburse 100% of all Real Estate Tax increases above the 2024/2025 base year ($61,221.40) and 100% of Common Charge increases over the base year ($1,583 per month). - Zero Utility Management: The tenant independently arranges, maintains, and pays for all utilities, including gas, electric, heat, water, and sewer. - Capital Security: The lease is backed by a substantial $94,859.84 upfront payment upon signing, encompassing the first month's rent and a security deposit equal to three months of Year 10 rent. - As-Is Delivery: The tenant accepted the premises in its present condition without landlord warranties, assuming responsibility for the space and protecting the landlord from liability regarding latent defects or condition changes. * Disclaimer This Offering Memorandum has been prepared by Jade Stone Real Estate Consulting solely for the evaluation of 137 East 13th Street, New York, NY (the Property). The information contained herein is believed to be reliable but is not guaranteed as to accuracy or completeness. Prospective purchasers are responsible for conducting their own independent due diligence and verification. Jade Stone Real Estate Consulting shall not be liable for any loss, claim, or damage arising from or relating to any error, omission, or reliance upon the information contained herein. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 2,649 sqft - **Stories**: 9 - **Year Built**: 1999 - **Price per Sqft**: $906 - **Common Charges**: $1,358 / Monthly - **Monthly Taxes**: $5,102 / mo - **Listed On**: Sep 29, 2026 - **Days on Market**: 2 Days ### Residence Features - Central Air - Central - High Ceilings ## Estimated Monthly Payment **$18,596 / month**, assuming a 20% down payment ($480,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $12,136 - **Property Taxes**: $5,102 - **Common Charges**: $1,358 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 3 apartments at 137 East 13th Street have recorded sales since September 2021, the most recent for $1,535,000 in January 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 9A (Apartment) | 2 | 1,033 | $1,535,000 | $1,486/ft² | January 30, 2026 | City record · MLS | | FLOOR4 (Apartment) | 2 | 1,033 | $1,665,000 | $1,612/ft² | November 15, 2023 | MLS | | 4A (Apartment) | — | 1,033 | $1,665,000 | $1,612/ft² | October 26, 2023 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $2,400,000 - **Median sold price**: $767,500 - **Difference**: +$1,632,500 (+212.7%) - **This home, $/ft²**: $906 - **Median $/ft²**: $1,604 - **Comparable sales**: 10 - **Sales from**: October 2024 – May 2026 - **Middle half of those sales**: $621,250 – $947,500 Based on condo studio sales in Gramercy Park. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Gramercy Park instead. ### How these sales were negotiated - **Sale-to-list price**: 97.1% (5 sales) - **Sold below asking**: 100% (5 sales) - **Typical time to find a buyer**: 48 days (5 sales) - **Typical time to close**: 48 days (5 sales) Based on condo studio sales in Gramercy Park with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house studio sales in Gramercy Park | Year | Median sold price | Sales | | --- | --- | --- | | 2019 | $1,374,638 | 16 | | 2021 | $651,000 | 11 | | 2022 | $760,000 | 11 | Based on recorded condo and house studio sales in Gramercy Park. Sales data through May 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 137 East 13TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-east-13th-street) ## About The Building ### 137 East 13th Street East Village · Condominium 137 East 13th Street, New York, NY 10003 A building in East Village, currently featuring 1 active listing. - **Year Built**: 1999 - **Active Units**: 1 - **Floors**: 9 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-east-13th-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/137-east-13th-street-1a-ny-10003) | Studio | 1 | 2,649 sqft | $906 | $2,400,000 | Jade Stone Real Estate Consulting Inc | Sep 29, 2026 | 2 days | | [PH10A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/137-east-13th-street-ph10a-ny-10003) | 1 | 2 | 798 sqft | $1,880 | $1,500,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jul 7, 2026 | 86 days | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Gramercy Park Private, Exclusive, and Historic [Explore Gramercy Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Gramercy Park - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) ## Related Links - [137 East 13TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-east-13th-street) - [Gramercy Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.