9 months on rocket

180 2nd Ave, New York City, NY, 10003

$12,500,000

9 Bedrooms
11 Full Baths, 2 Partial
10,500 SqFt
$1,190/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1910
CoolingCentral Air
ViewCity
MLS #PRCH-7711421
StatusActive

About 180 2nd Ave

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

Virtual/3D Tour

  • Virtual Tour: 180 2nd Ave
Virtual Tour

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
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

180 2nd Ave vs New York

278 DAYS ON ROCKET

+194 Days

$12,500,000

+$11.6M More

$1,190/SqFt

+$545 More

KEY TAKEAWAY

This property is $11.6M more than the Median Sold Price and $545/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7711421

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Jonathan Hettinger
  • Agent Phone: (212) 810-4953

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 11/7/2024, 10:20:50 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

$62.4K

Per 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.

Nearby Schools

school-card-donut-317329
9
/10
  • P.S. 40 Augustus Saint-Gaudens School

  • 320 E 20th St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-317330
5
/10
  • Star Academy PS 63 (The)

  • 121 E 3rd St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-317331
7
/10
  • East Village Community School (The)

  • 610 E 12th St

  • 0.44 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,979. Most New York, NY residents have annual incomes between $100k-200k. Most families are single, no kids. Most residents in this area have post secondary degree education.

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).

Which year was this property built?

The year of construction for 180 2nd Ave is 1910.
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Rocket HomesNew YorkNew York10003180 2nd Ave

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.

Over 269 listings were sold over their listed price in October 2024 in New York, NY. In the same period over 833 listings were sold below the listed price and 850 listings were sold for the listed price. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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