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Rental BuildingEast Village

222 1ST Avenue #4D, New York City, NY 10009

Listing Courtesy of Douglas Elliman Real Estate

$2,700/mo

Potential Rebate: $41

Rental Building
Studio
1 Bath
1 Rooms
300 sqft
Built 1922
5 Stories
9/ft²
Listed on Jul 24, 2024
524 days on market

Overview

<p>Email or Text for an appointment. First access is Saturday and Sunday from 12-1pm.<br><br>No pets allowed.<br>Personal guarantors are allowed.<br>Reduced broker fee.<br>Pictures are of a similar unit.<br><br>This apartment is a third-floor walk-up. Intercom system to let in deliveries and visitors. In the back of the building for quiet.<br><br>You will not find an apartment like this for the price AND location! This new studio is in an ideal East Village location with great natural light. Located on the same block as the L train for quick access to the west side of Manhattan or Brooklyn. Also, a quick walk to the 4/5/6/N/Q/R/W trains.</p><p>This is a vibrant neighborhood with an abundance of restaurants and night life activities.</p>

Estimated Monthly Payment

$13 per month

30 year fixed, 6.28% Interest

Principal and Interest
$13
Property Taxes
$0
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$41

Monthly savings impact

$0/mo

Effective Purchase Price

$2,660

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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Price Analysis

Compare average listing prices and value metrics for 222 1ST Avenue against the surrounding East Village market.

Based on 1 active unit in building vs 88 in area

Average List Price

Building$2.7K
Neighborhood$1.7M

Price Per SqFt

Building Avg$9/ft²
Neighborhood Avg$1,595/ft²
Value Opportunity

99.44% Lower

than the East Village price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

East Village

Punk Rock & Pastrami

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The East Village is legendary. It has shed some of its grit for glam, but it remains a cultural incubator for music, art, and food.

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Real Estate & Housing Market

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Walk-up apartment buildings define the area. New developments are rare and controversial. It's a renter-heavy neighborhood.

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Lifestyle & Community

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Vibrant, young, and diverse. A mix of NYU students, old-school hipsters, and young professionals.

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Transportation & Accessibility

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6Train at Astor Place, L train at 1st/3rd Ave. Good bus service.

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Parks, Schools & Amenities

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Tompkins Square Park and the East River Park (nearby) provide green space.

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Who This Neighborhood Is Best For

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Best for those who want to be in the center of the action and don't mind a little noise.