--- title: "427 East 12th Street #1A, New York City, NY 10009" description: "427 East 12th Street #1A, New York City, NY 10009 — Townhouse in East Village, Manhattan, NY. Listing Price $2,349,000. 2 bed, 3 bath, 1,940 sqft Illustrative Buyer Commission Share of $35,235 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10009/427-east-12th-street-1a-ny-10009" source: "Real Estate Rebate Team" status: "Active" --- # 427 East 12th Street #1A, New York City, NY 10009 Townhouse in East Village, Manhattan, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $2,349,000 - **Beds**: 2 - **Baths**: 3 - **Sqft**: 1,940 - **Common Charges**: $3,112 / mo - **Price per Sqft**: $1,211 - **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**: $2,349,000 - **Illustrative Buyer Commission Share**: -$35,235* - **Illustrative Net Cost**: $2,313,765 *Illustrative Buyer Savings of $35,235 — 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) ![427 East 12th Street #1A, New York City, NY 10009 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d36b5ab8-9e2c-4625-9a28-03bab6b26283.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a3a021c-67ad-4706-abb7-a82953eea25b.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/02468d21-76ac-4f57-a901-7939087e4295.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a18b2397-74f8-485e-aaa4-18899bd602c7.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c70cce85-d145-44c5-97fe-19ef24aa15a2.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4f7bbcf9-f0d3-4441-9b9b-72436e761cf5.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0fb6f924-de0d-4e3b-be42-5baa465fc510.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb1d1478-90c0-4c5f-aac7-ecabe0c204ee.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8d193c6b-7f6e-40b5-a421-57c61fab130f.jpg) ![427 East 12th Street #1A, New York City, NY 10009 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc01dfc2-db48-4039-92a4-330d8f69baf8.jpg) ## Property Overview A rare offering in the heart of the East Village, this exceptional duplex residence unfolds like a private townhouse, offering over 1,900 square feet of thoughtfully designed interior living space complemented by an expansive 724-square foot private garden. Blending the intimacy of townhouse living with the ease of boutique condominium, this residence is not to be missed! The main level is designed for effortless living and entertaining, unfolding into an inviting living and dining room anchored by a bespoke chef's kitchen. Rich walnut veneer and satin lacquer cabinetry are beautifully paired with Caesarstone countertops, back-painted glass, and a suite of premium Fisher & Paykel stainless steel appliances, creating a space that is as functional as it is elegant. High ceilings and floor-to-ceiling windows fill the home with natural light and highlight the sleek epoxy-finished floors that lend a refined, loft-inspired aesthetic. A well-appointed secondary bedroom completes this wing of the home. Just beyond, walls of glass open to the residence's crowning jewel- an exquisitely landscaped private garden spanning 724 square feet. Perfectly scaled for al fresco dining, intimate gatherings, or quiet moments of retreat, this outdoor sanctuary creates a seamless connection between indoor and outdoor living- a rarity in Manhattan. Tucked away at the far end of the residence, the private wing features generous closet space, a stylish secondary full bathroom with a frameless glass shower, and a primary bedroom suite complete with an outfitted closet and a spa-like bathroom featuring a soaking tub and elegant Duravit and Kohler fixtures. Completing this residence is an exceptional lower level, where skylights illuminate the expansive living area- a rare feature. A large third full bathroom and versatile layout offer endless opportunities for a media lounge, fitness studio, private office, guest retreat or conversion to a third bedroom. This level offers access to the unit's private laundry. As a bonus, residents can enjoy the beautifully landscaped and furnished communal roof deck, equipped with a grill. Beyond the residence itself, this 10-unit boutique condominium is located in one of Manhattan's most vibrant and culturally rich neighborhoods. Long celebrated as a creative enclave the East Village is home to an eclectic collection of acclaimed restaurants, independent cafés, galleries, and boutiques, while its proximity to NYU and Cooper Union continues to attract artists, writers, musicians, and innovators from around the world. At the heart of the neighborhood lies Tompkins Square Park, a beloved gathering place known for its lush green spaces, seasonal concerts, and the renowned year-round Greenmarket, where local farmers and artisans bring the region's finest produce every Sunday. This is downtown living at its most authentic- where timeless New York character meets modern luxury. ## Property Details - **Property Type**: Duplex - **Beds**: 2 - **Baths**: 3 - **Rooms**: 7 - **Sqft**: 1,940 sqft - **Stories**: 6 - **Year Built**: 2013 - **Price per Sqft**: $1,211 - **Common Charges**: $3,112 / Monthly - **Listed On**: Jul 21, 2026 - **Days on Market**: 47 Days ### Residence Features - Washer Hookup - In Unit - Private Outdoor Space Over 60 Sqft - Washer Dryer Allowed ## Sales Evidence ### Recent closed sales 4 apartments at 427 East 12th Street have recorded sales since September 2021, the most recent for $1,142,500 in April 2023. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5-B (Apartment) | 1 | 730 | $1,142,500 | $1,565/ft² | April 17, 2023 | City record · MLS | | PH (Apartment) | 3 | 1,665 | $2,850,000 | $1,712/ft² | March 16, 2023 | City record · MLS | | 1-R (Apartment) | Studio | — | $290,000 | — | March 18, 2022 | City record · MLS | | 5A (Apartment) | 1 | 743 | $1,190,000 | $1,602/ft² | September 16, 2021 | 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 The median closed price for comparable condo two-bedroom sales in East Village is $1,850,000, based on 22 sales between September 2024 and May 2026. This home is asking $2,349,000, $499,000 above that median. The middle half of those sales closed between $1,558,500 and $1,993,334. - **Median closed price**: $1,850,000 - **Middle half**: $1,558,500 – $1,993,334 - **Based on**: 22 condo two-bedroom sales in East Village - **Period**: September 2024 – May 2026 - **Median $/ft²**: $1,739/ft² Across the 19 of these sales with a published asking price, the median closed at 93.9% of what it originally asked. 84% 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**: 93.9% of the original ask - **Closed below ask**: 84% of 19 sales - **Listed → in contract**: 154 days (about 22 weeks) - **In contract → closed**: 52 days (about 7 weeks) Across the 19 of these sales with a published asking price, the median closed at 93.9% of what it originally asked. 84% of them closed below the original ask. Half of these homes were in contract within 154 days (about 22 weeks) of coming to market, based on the 20 with a recorded listing date. Once a deal was agreed, closing took a further 52 days (about 7 weeks), based on the 20 with both dates recorded. 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 22 condo two-bedroom sales in East Village, September 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 condo and house two-bedroom sales in East Village, 2016 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 | | --- | --- | --- | | 2016 | $1,934,675 | 13 | | 2017 | $2,250,000 | 17 | | 2018 | $2,263,061 | 28 | | 2020 | $1,600,000 | 11 | | 2021 | $1,797,500 | 36 | | 2022 | $1,972,500 | 18 | | 2024 | $1,862,500 | 14 | | 2025 | $1,956,669 | 12 | 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 427 East 12th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/427-east-12th-street) ## Property Tax History Taxes at 427 East 12th Street #1A were $47,743 in 2026, up 1.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $582,917 | $134,795 | $448,122 | $381,947 | $47,743 | 12.5% (estimated) | | 2025 (FY 2025/26) | $552,854 | $134,795 | $418,059 | $378,316 | $47,290 | 12.5% (estimated) | | 2024 (FY 2024/25) | $518,331 | $134,795 | $383,536 | $426,147 | $53,268 | 12.5% | | 2023 (FY 2023/24) | $481,480 | $134,795 | $346,685 | $422,283 | $52,794 | 12.502% | | 2022 (FY 2022/23) | $510,573 | $134,795 | $375,778 | $391,003 | $47,964 | 12.267% | | 2021 (FY 2021/22) | $510,573 | $134,795 | $375,778 | $413,717 | $50,618 | 12.235% | | 2020 (FY 2020/21) | $533,944 | $134,795 | $399,149 | $383,071 | $46,991 | 12.267% | | 2019 (FY 2019/20) | $495,969 | $134,795 | $361,174 | $354,695 | $44,241 | 12.473% | | 2018 (FY 2018/19) | $393,070 | — | — | $393,070 | $49,574 | 12.612% | | 2017 (FY 2017/18) | $363,954 | — | — | $363,954 | $46,291 | 12.719% | | 2016 (FY 2016/17) | $344,165 | — | — | $344,165 | $44,370 | 12.892% | | 2015 (FY 2015/16) | $344,165 | — | — | $344,165 | $44,339 | 12.883% | | 2014 (FY 2014/15) | $312,207 | — | — | $312,207 | $40,134 | 12.855% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1004401301. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 427 East 12th Street 427 East 12th Street, New York, NY 10009 A building in the neighborhood, currently featuring 2 active listings. - **Year Built**: 2013 - **Total Units**: 2 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/427-east-12th-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/10009/427-east-12th-street-1a-ny-10009) | 2 | 3 | 1,940 sqft | $1,211 | $2,349,000 | Corcoran Group | Jul 21, 2026 | 47 days | | [3A](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10009/427-east-12th-street-a-3A-ny-10009) | 1 | 1 | 733 sqft | $1,739 | $1,275,000 | Sothebys International Realty | Jul 2, 2026 | 66 days | ## Estimated Monthly Payment **$14,990 / month**, assuming a 20% down payment ($469,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $11,878 - **Common Charges**: $3,112 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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) ## 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 - [427 East 12th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/427-east-12th-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.