--- title: "54 East 1st Street #1B, New York City, NY 10003" description: "54 East 1st Street #1B, New York City, NY 10003 — East Village, New York City, NY. Listing Price $570,000. In contract 10/17/2025. Studio bed, 1 bath Illustrative Buyer Commission Share of $8,550 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/54-east-1st-street-b-1B-ny-10003" source: "Real Estate Rebate Team" status: "Pending" --- # 54 East 1st Street #1B, New York City, NY 10003 East Village, New York City, NY **New Development · Sponsor Residence** Courtesy of Compass ## At a Glance - **Listing Price**: $570,000 - **Status**: In contract 10/17/2025 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $905 / mo - **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**: $570,000 - **Illustrative Buyer Commission Share**: -$8,550* - **Illustrative Net Cost**: $561,450 *Illustrative Buyer Savings of $8,550 — 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) ![54 East 1st Street #1B, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12fad146-8b3d-43db-b526-830fcf8fe8a4.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1aad551a-8d7a-467e-af5b-060303351491.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d52898fb-028a-4c27-ae0a-e339279243f9.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e8241e7-8941-4cfd-b6ba-f3e0f9595d85.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/358bedb7-8961-40a7-b8a0-95b5b2b309de.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/675fe804-eb9e-4585-a68b-4fe88e6e5586.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/20e73d92-e70e-4203-9557-4cdf653c34fd.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a0ee567-b41e-4fdf-bf29-dc10b896e0f7.jpg) ![54 East 1st Street #1B, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/edb1a2a9-16fc-4aed-837b-09cc46a0f66a.png) ![54 East 1st Street #1B, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ee168078-0e67-46d0-a1ad-45a75f884d69.jpg) ## Property Overview Rare East Village Open Loft w/ Garden By Appointment only.This home can easily be flexed to a 1 Bedroom- See renderings. Modern design with exposed brick and white wooden floors throughout. Airy. Bright. Silent. Nearly 12' high ceilings. W/D in unit. Plenty of storage throughout maximizing the ceiling height including a large extra space above hallway. A contemporary kitchen features an Italian cook top, microwave & convection oven, spacious cabinetry and glass tiles. Bathroom with deep bathtub, large mirrors, plenty glass shelves. Towards the back of the apartment a 10 feet folding glass door leads to a garden shared only with apartment next door. Extra light comes into the apartment by 2 giant glass block windows-5 in total creating a feeling of openness. This home also has sound-proofing. Pin drop quiet. Private. Very unique and rare. This pied-à-terre has been lovingly cared for and maintained by the same owner for the past 35 years. The open-plan concept can easily be reconverted back to its original one-bedroom layout. The possibilities for personalizing your own home are endless. This coop is well-run, financially sound with low maintenance, a favorable sublet policy, pets are allowed. Co-purchasing, Gifting, Guarantors are considered on a case-by-case basis. The building has been most recently updated with a brand new roof, new video intercom, and a new boiler recently installed.??Located on the tree lined block between 1st and 2nd Avenues, with a Citi-Bike docking station across the street, this place offers quick access to public transportation, with subway and bus stations on both corners. Right in front, a park with a squash court. Three supermarkets within walking distance. All the restaurants, bars and clubs that the East Village is famous for! ## Property Details - **Property Type**: Co-op - **Rooms**: 2 - **Stories**: 6 - **Year Built**: 1910 - **Common Charges**: $905 / Monthly - **Listed On**: Aug 28, 2025 - **Days on Market**: 375 Days ### Residence Features - Building Washer Dryer Install Allowed - High Ceilings ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Sales Evidence ### Recent closed sales 10 apartments at 54 East 1st Street have recorded sales since September 2021, the most recent for $640,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1C (Apartment) | 1 | — | $640,000 | — | June 18, 2026 | MLS | | 6C (Apartment) | 1 | — | $485,000 | — | February 26, 2026 | City record · MLS | | 1B (Apartment) | — | — | $555,000 | — | December 4, 2025 | City record | | 4C (Apartment) | 1 | — | $565,000 | — | February 14, 2025 | City record · MLS | | 2C (Apartment) | 1 | — | $455,000 | — | July 15, 2024 | City record · MLS | | 1C (Apartment) | 1 | — | $650,000 | — | December 18, 2023 | City record · MLS | | 6C (Apartment) | 1 | — | $495,000 | — | July 25, 2023 | City record · MLS | | 3C (Apartment) | 1 | — | $360,000 | — | June 28, 2023 | City record · MLS | | 3-B (Apartment) | 1 | 400 | $410,000 | $1,025/ft² | January 25, 2023 | City record | | 4A (Apartment) | 2 | — | $1,034,000 | — | April 26, 2022 | City record · MLS | 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 The median closed price for comparable co-op studio sales in East Village is $505,000, based on 18 sales between December 2024 and May 2026. This home is asking $570,000, $65,000 above that median. The middle half of those sales closed between $453,750 and $528,750. - **Median closed price**: $505,000 - **Middle half**: $453,750 – $528,750 - **Based on**: 18 co-op studio sales in East Village - **Period**: December 2024 – May 2026 Square footage is recorded for only 3 of these 18 sales (17%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 18 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 72% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from East Village instead. ### How these sales were negotiated - **Sold vs original ask**: 96.6% of the original ask - **Closed below ask**: 72% of 18 sales - **Listed → in contract**: 68 days (about 10 weeks) - **In contract → closed**: 97 days (about 14 weeks) Across the 18 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 72% of them closed below the original ask. Half of these homes were in contract within 68 days (about 10 weeks) of coming to market, based on the 18 with a recorded listing date. Once a deal was agreed, closing took a further 97 days (about 14 weeks), based on the 18 with both dates recorded. A co-op board package and its interview account for much of that. 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. Based on 18 co-op studio sales in East Village, December 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op studio sales in East Village, 2021 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2021 | $585,000 | 12 | | 2022 | $514,500 | 12 | | 2025 | $500,000 | 11 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across East Village instead. 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 54 East 1ST Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/54-east-1st-street) ## Price and Property History for 54 East 1st Street, Unit 1B Review the recorded listing activity for 54 East 1st Street, Unit 1B, including asking-price changes and prior market dates. - **Entered contract**: October 17, 2025 | Date | Price | Listing event | | --- | --- | --- | | October 17, 2025 | $570,000 | Entered contract | | August 12, 2025 | $570,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 24 apartments. The corporation’s 2026 property tax bill was $152,311 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 54 East 1ST Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/54-east-1st-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 54 East 1st Street East Village · Stock Cooperative 54 East 1st Street, New York, NY 10003 A building in East Village, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/54-east-1st-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1B](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10003/54-east-1st-street-b-1B-ny-10003) | Studio | 1 | — | — | $570,000 — In contract | Compass | Aug 28, 2025 | 374 days | ## Estimated Monthly Payment **$3,787 / month**, assuming a 20% down payment ($114,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,882 - **Common Charges**: $905 Estimates only. Actual payments may vary. Confirm terms with your lender. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## East Village Punk Rock & Pastrami [Explore East Village](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East Village - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Lower East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) ## Related Links - [54 East 1ST Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/54-east-1st-street) - [East Village neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) - [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.