--- title: "407 East 12th Street #PHF-SW, New York City, NY 10009" description: "407 East 12th Street #PHF-SW, New York City, NY 10009 — Townhouse in East Village, Manhattan, NY. Listing Price $1,800,000. In contract 5/12/2026. 2 bed, 3 bath, 1,006 sqft Illustrative Buyer Commission Share of $27,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10009/407-east-12th-street-phf-sw-PHFSW-ny-10009" source: "Real Estate Rebate Team" dateModified: "2026-08-31T18:55:07.858Z" status: "Pending" --- # 407 East 12th Street #PHF-SW, New York City, NY 10009 Townhouse in East Village, Manhattan, NY Courtesy of R New York Last updated: August 31, 2026, 2:55 PM ## At a Glance - **Listing Price**: $1,800,000 - **Status**: In contract 5/12/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 1,006 - **Common Charges**: $1,263 / mo - **Monthly Taxes**: $1,134 / mo - **Price per Sqft**: $1,789 - **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**: $1,800,000 - **Illustrative Buyer Commission Share**: -$27,000* - **Illustrative Net Cost**: $1,773,000 *Illustrative Buyer Savings of $27,000 — 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) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b1b9a227-7af0-40a9-9535-0ce72cd17281.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/93fdf0d8-9216-477d-9824-bd1781611710.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0115747d-7837-4f44-8fbb-cb6ffd91a0bb.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3140ca66-623d-470d-a1f7-c171822e7258.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/24886884-ebc2-47d7-8ff1-19f8bb620a4f.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40402017-1e1c-4f9b-9160-97d8ebc3ee31.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7b23195d-e624-400a-87ea-2cec756b7c1a.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/85ee3dc3-b684-4841-83c4-d544ce2ee753.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e2f460b0-13b1-4d4d-befb-d4fa664731a5.jpg) ![407 East 12th Street #PHF-SW, New York City, NY 10009 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a09151f7-4413-4340-bbf5-8a7451d1a37f.jpg) ## Property Overview NOT YOUR COOKIE-CUTTER APARTMENT Newly renovated, south-facing triplex with two outdoor spaces and true downtown character. Located on a quiet, tree-lined East Village block, this 2-bedroom, 2.5-bath triplex condominium feels like a charming mini townhouse in the sky. Set within a boutique elevator building, this top-floor home offers a unique multi-level layout, beautiful southern exposure, and a bright, airy feel enhanced by a dramatic skylight. The newly renovated kitchen is thoughtfully designed with modern finishes, sleek cabinetry, and an open flow ideal for both everyday living and entertaining. The updated bathrooms feature clean, contemporary design, creating a move-in-ready home with style and comfort throughout. With bedrooms thoughtfully separated across levels, the layout offers privacy, flexibility, and a true sense of home rarely found in a downtown condo. The south-facing light adds warmth throughout the day, while the two private outdoor spaces provide the perfect setting for morning coffee, evening cocktails, gardening, or simply enjoying your own retreat above the East Village. Perfectly positioned in the heart of the East Village, 407 East 12th Street places you moments from Tompkins Square Park, Union Square, Stuyvesant Square, Trader Joe’s, Whole Foods, and convenient access to the L, 4/5/6, N/Q/R/W trains. You are also surrounded by some of Manhattan’s best restaurants, cafés, boutiques, cocktail bars, and nightlife — from neighborhood favorites to destination dining. Please note: the current real estate taxes shown reflect the primary residence abatement (approximately 17.5% savings). Buyers should consult their accountant regarding eligibility. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 5 - **Sqft**: 1,006 sqft - **Stories**: 5 - **Year Built**: 2003 - **Price per Sqft**: $1,789 - **Common Charges**: $1,263 / Monthly - **Monthly Taxes**: $1,134 / mo - **Listed On**: Jan 9, 2026 - **Days on Market**: 247 Days ### Residence Features - Wall Unit(s) - Building Washer Dryer Install Allowed - In Unit - Building Courtyard - Building Garden - Building Roof Deck - Private Outdoor Space Under 60 Sqft - Dryer - Washer ## Sales Evidence ### Recent closed sales 9 apartments at 407 East 12th Street have recorded sales since September 2021, the most recent for $1,800,000 in September 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [1RSE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10009/407-east-12th-street-rse-1RSE-ny-10009) (Apartment) | 2 | 1,383 | $1,800,000 | $1,302/ft² | September 8, 2026 | MLS | | 1RNE (Duplex) | 2 | 1,121 | $1,850,000 | $1,650/ft² | August 28, 2025 | City record · MLS | | 5-M (Apartment) | 1 | 807 | $1,195,000 | $1,481/ft² | May 13, 2025 | City record · MLS | | 1FNE (Apartment) | 2 | 876 | $1,093,356 | $1,248/ft² | March 26, 2025 | City record | | 3FE (Apartment) | 2 | 900 | $1,750,000 | $1,944/ft² | December 5, 2024 | City record · MLS | | 2FW (Apartment) | 2 | 943 | $1,410,000 | $1,495/ft² | October 31, 2023 | City record · MLS | | 4RNW (Apartment) | 2 | 988 | $1,995,000 | $2,019/ft² | August 15, 2022 | City record | | 1-M (Duplex) | 2 | 1,050 | $1,999,000 | $1,904/ft² | July 29, 2022 | City record · MLS | | 3FW (Apartment) | 2 | 960 | $1,475,000 | $1,536/ft² | December 28, 2021 | 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 two-bedroom sales at 407 East 12th Street is $1,750,000, based on 7 sales between December 2021 and August 2025. This home is asking $1,800,000, $50,000 above that median. The middle half of those sales closed between $1,442,500 and $1,922,500. - **Median closed price**: $1,750,000 - **Middle half**: $1,442,500 – $1,922,500 - **Based on**: 7 two-bedroom sales at 407 East 12th Street - **Period**: December 2021 – August 2025 - **Median $/ft²**: $1,650/ft² Across the 4 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 100% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 96.6% of the original ask - **Closed below ask**: 100% of 4 sales - **Listed → in contract**: 47 days (about 7 weeks) - **In contract → closed**: 45 days (about 6 weeks) Across the 4 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 47 days (about 7 weeks) of coming to market, based on the 5 with a recorded listing date. Once a deal was agreed, closing took a further 45 days (about 6 weeks), based on the 5 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 7 two-bedroom sales at 407 East 12th Street, December 2021 – August 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at 407 East 12th Street, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,776/ft² | 4 (thin) | | 2021 | $1,318/ft² | 5 | | 2025 | $1,481/ft² | 3 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. 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 407 East 12th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/407-east-12th-street) ## Price and Property History for 407 East 12th Street, Unit PHF-SW Review the recorded listing activity for 407 East 12th Street, Unit PHF-SW, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $50,000, or 2.7%, on July 22, 2026 - **Originally listed**: May 8, 2026 at $1,850,000 | Date | Price | Listing event | | --- | --- | --- | | July 22, 2026 | $1,800,000 | Asking price reduced by $50,000, or 2.7% | | May 12, 2026 | $1,800,000 | Entered contract | | May 8, 2026 | $1,850,000 | Listed for sale by R New York | ## About The Building ### 407 East 12th Street East Village · Condominium 407 East 12th Street, New York, NY 10009 A building in East Village, currently featuring 2 active listings. - **Year Built**: 1900 - **Total Units**: 2 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/407-east-12th-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHF-SW](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10009/407-east-12th-street-phf-sw-PHFSW-ny-10009) | 2 | 3 | 1,006 sqft | $1,789 | $1,800,000 (-2.7%) — In contract | R New York | Jan 9, 2026 | 246 days | | [1RSE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10009/407-east-12th-street-rse-1RSE-ny-10009) | 2 | 3 | 1,383 sqft | $1,302 | $1,800,000 (-5.2%) | Compass | Mar 24, 2026 | 172 days | ## Estimated Monthly Payment **$11,499 / month**, assuming a 20% down payment ($360,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $9,102 - **Property Taxes**: $1,134 - **Common Charges**: $1,263 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 - [407 East 12th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/407-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.