Loft Building with Elevator on Prime East Village Block Presenting 180 Second Avenue, a newly constructed 7 story loft building located on a prime East Village block, between East 11th and East 12th Streets. Built on the footprint of a former Polish-American social club, this 25 foot wide elevatored building makes a striking modernist statement, with its mid-century inspired concrete frame and open loggias floating above a historic stretch of Second Avenue. The building's design reflects a commitment to sustainability, and each of the residences is constructed to conform to Passive House standards, while the bulkhead is designed to accept solar panels for water heating. Environmentally friendly features include European triple-pane windows, energy-saving airtight interiors built to prevent mold and condensation, advanced air filtration and high-performance ventilation with individual ducts for each residence. The entire 10,500 +/- sf (approx.) building is being delivered as a "white box", with all major structural, electrical, plumbing, hvac and mechanical elements in place, including a new high speed elevator with virtual doorman. The finishes, including all appliances, fixtures and flooring are being left for the buyer to complete according to their requirements. 180 Second Avenue presents a compelling opportunity with three potential end uses: —All or part of the residential portion of the building could be owner-occupied, with the remainder rented for income; —As an attractive income-generating asset, by renting out the entire building; —As a development project, by filing for conversion to a mixed use condominium with commercial on the ground floor and 6 residential units above (subject to the necessary approvals). As currently configured, the building consists of a ground floor commercial space (under lease to an established restaurant/bar operator, expected to take possession in 2024), four vacant full floor 2 bedroom/2 bath apartments, one full floor 1 bedroom/2 bath apartment and a loft-like studio space with full bath on the top floor. Each of the residences boasts at least one private outdoor space, affording stunning views of the city or of the tree-filled courtyard in back. A generous garden adjoining the commercial space and a spacious roof terrace with open city views all the way to the art deco towers of Union Square and the Chrysler building complete this offering. A description of each of the floors follows: Ground Floor Plus Cellar Currently under lease to an established local restaurant/bar operator with possession expected to occur in 2024. The lease term is approximately 9 years. The ground floor includes access to a 25' by 34' private walled garden. The cellar below this floor is dedicated to prep areas, storage, 2 powder rooms and mechanicals. Floors 2-5 Each of these identically configured floors consists of a full floor loft with two bedrooms and two full bathrooms, as well as a spacious open loggia and glass-enclosed solarium with views to the West, North and South. Floor 6 This floor consists of a full floor 1 bedroom/2 bathroom apartment with terraces on both the West and East sides. Floor 7 This floor consists of a loft-like space with a full bathroom and kitchenette; it could be used in combination with the floor below as a home office, creative space or as an additional residence. Roof The roof consists of a generous paver-lined terrace with extraordinary views in all directions. The roof also contains a bulkhead for the elevator, stairwell and mechanicals; the bulkhead is designed to accept solar panels for water heating purposes.
Property Details
Property Features
Property Information:
Architectural Style: Prewar
Year Built: 1910
Living Area: 10,500 SqFt
Listing Office:
Office Name: Sothebys International Realty
Office Phone: (212) 606-7660
Listing Agent: Jonathan Hettinger
Agent Phone: (212) 810-4953
Interior Features
Interior Information:
Appliances: Dishwasher
Interior: Elevator
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 11
Total Bedroom Count: 9
Exterior Features
Exterior Information:
View: City
Exterior: Building Garden, Balcony, Building Balcony, Garden
Lot Features
Lot Information:
Lot: Garden
Utilities
Utilities Information:
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $12,500,000
Price Per SqFt: $1,190/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/22/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$62.4K
Per Month
Principal & Interest
$62.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$37.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
P.S. 40 Augustus Saint-Gaudens School
320 E 20th St
Distance between this listing and this school0.41 miles
Public District Grades KG-5
5
/10
Star Academy PS 63 (The)
121 E 3rd St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
7
/10
East Village Community School (The)
610 E 12th St
Distance between this listing and this school0.44 miles
Public District Grades PK-5
Nearby Schools
9
/10
Success Academy Charter School-Union Square
40 Irving Pl Fl PL-2nd
Distance between this listing and this school0.35 miles
Public Charter Grades KG-8
9
/10
Middle School 255 Salk School of Science
320 E 20th St
Distance between this listing and this school0.41 miles
Public District Grades 6-8
7
/10
J.H.S. 104 Simon Baruch School
330 E 21st St
Distance between this listing and this school0.44 miles
Public District Grades 6-8
Nearby Schools
3
/10
Manhattan Comprehensive Night and Day High School
240 2nd Ave
Distance between this listing and this school0.17 miles
Public District Grades 10-12
6
/10
East Side Community School
420 E 12th St
Distance between this listing and this school0.21 miles
Public District Grades 6-12
5
/10
High School for Health Professions & Human Services
345 E 15th St
Distance between this listing and this school0.22 miles
The neighbors living near this home have an average income of $106,979. The most common annual income of people living in New York, NY is between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 180 2nd Ave
What is the listing price of this property?
The listing price of 180 2nd Ave property is $12,500,000.
What type of property is this?
The property 180 2nd Ave is a townhouse located in New York City, New York, 10003.
Is this property for sale now?
Active Listing: 180 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 180 2nd Ave has 9 bedrooms and 11 full and 2 half bathrooms.
What is the square footage of this property?
The property 180 2nd Ave is 10,500 SqFt (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 180 2nd Ave in New York City, NY and zip code 10003 in the Lower Manhattan neighborhood. This 10,500 square foot home was built in 1910. Features: 9 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since February 03, 2024 and is currently priced at $12,500,000.
In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.