1 Avenue B (One Avenue B)
1 Avenue B, New York, NY 10009
BBL 1003847503 · BIN 1087568
- Year built
- 2007
- Type
- Condominium
- Units
- 23
- Floors
- 8
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Maximum financing
- 80% of the purchase price
- Doorman
- Requires confirmation
Every recorded sale at this building, 2007–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,176
- floor-adjusted, 1 sale
- Listing discount
- 0.6%
- Recorded sales
- 56
- On record
- 2007–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at One Avenue B would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
One Avenue B holds a structurally scarce position: it is one of the very few purpose-built, staffed condominiums in Alphabet City, a corridor whose housing stock is otherwise tenement walk-ups, pre-war co-ops, and rentals. For buyers who want condominium transfer mechanics — no board interview, flexibility for pieds-à-terre, trusts, and investors within the by-laws — at the East Village's southern gateway, the building has had essentially no like-for-like neighbor since it opened in 2007.
The site history is a compact piece of neighborhood transformation. The triangular corner lot at Avenue B and East Houston had been a Gaseteria gas station since the 1950s, owned by the Porcelli family — the same family whose development company, LargaVista Companies, ultimately built the condominium through its sponsor entity Paco East Houston LLC. Before construction, the developer negotiated a remedial action plan with the State Department of Environmental Conservation and bio-remediated petroleum contamination in the soil and groundwater, per development records. The closure documentation and any continuing controls should be reviewed during diligence. The Declaration of the Condominium was recorded in May 2007 and the first unit closed that June, per the amendments on file in The Roebling Research Library.
What the building delivers day to day is a condo product calibrated to its corner: 23 residences with floor-to-ceiling glass, a lobby that doubles as gallery space, a fitness room with a Pilates/yoga studio, a roof deck, and a ground-floor bank branch anchoring the retail. The corner siting buys the upper floors open southern light across Houston Street's low-rise roofline — an exposure that benefits from the wide street in front of it — with Tompkins Square Park a short walk north and the Lower East Side's restaurant rows immediately south.
Architecture and unit composition
The building is an 8-story contemporary mid-rise of roughly 40,000 square feet, its massing stretched along East Houston Street rather than stacked on the avenue — city records show a building frontage of over 400 feet of wrap on a 48-foot-deep lot. The 23 residences ran from 456-square-foot studios to 1,252-square-foot two-bedrooms at offering, with select balconies and a penthouse tier above; one penthouse was held by the sponsor through the 2008 amendment cycle, per the documents on file. Finishes at offering included Brazilian cherry-wood floors, slate bathrooms with oversized soaking tubs, and in-unit washer/dryers in every residence. Listing records describe one penthouse subsequently reworked by the international design firm SAOTA with an extensive wraparound terrace — the building's trophy unit. South-facing lines face Houston Street and the Avenue B corner faces the East Village streetscape; light depends on floor and position.
Building operations
Operations run on a boutique-condo model: a part-time doorman supported by a full-time building manager per listing records, with a fitness center and yoga/Pilates studio, roof deck, a second-floor sundeck with an entertainment room per listing records, bike room, private storage, and a vehicle loading area at the entrance — a genuine rarity on this corner. The commercial unit (a retail bank branch since the building's earliest years) and a community-facility unit sit in the condominium structure alongside the residences; buyers should understand the mixed-use governance during diligence. The offering-plan amendments on file document the sponsor's 421-a filing, the working capital fund mechanics, and the first board composition.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $774 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Requires confirmationSources differ. Confirm with building management.
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, roof deck, bike storage, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 8, 2026 | 5A | 1 BR · 1 BA · 680 sf | $800,000 | $1,176/sf | -5.3% |
| Oct 13, 2023 | 5C | 1 BR · 1 BA · 810 sf | $930,000 | $1,148/sf | -15.4% |
| Dec 6, 2022 | PHB | 1 BR · 1 BA · 656 sf | $930,000 | $1,418/sf | -7.0% |
| Sep 30, 2021 | PHF | 1 BR · 1 BA · 616 sf | $949,000 | $1,541/sf | +0.0% |
| Jul 19, 2019 | 3C | 1 BR · 1 BA · 810 sf | $1,062,500 | $1,312/sf | -11.3% |
| Jul 18, 2019 | 4B | 1 BR · 1 BA · 601 sf | $950,000 | $1,581/sf | -12.8% |
| Aug 14, 2017 | PH | 2 BR · 2 BA · 1,260 sf | $2,150,000 | $1,706/sf | -9.5% |
| Aug 9, 2016 | PHF | 1 BR · 1 BA · 616 sf | $925,000 | $1,502/sf | +3.4% |
Market read. Most recent trades (2026 to date) cleared a median $1,176/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00384-7503; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at One Avenue B, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 4 | $4,997 |
7 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at One Avenue B and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The condo structure is the scarcity. Alphabet City offers almost no purpose-built condominium product with staff. If your profile — pied-à-terre, LLC or trust structure, investor intent — doesn't fit the co-op stock that dominates the East Village, this building is on a very short list. Confirm specific structures against the by-laws with your attorney.
Underwrite the tax line, not just the common charges. The building carried 421-a benefits at offering per the amendments on file; those benefits phase out by statute, and current assessments should be verified unit by unit. Run the True Monthly Carrying Cost Calculator on real current numbers.
The corner is a tradeoff you should price honestly. Houston Street is one of downtown's principal crosstown arteries: the southern exposure is open and bright, and it is also trafficked. Spend time in the specific unit at rush hour and on a weekend night before offering.
Transit is good, not doorstep. The F and J/M/Z at Delancey–Essex are about a third of a mile; the M14 and M21 buses and CitiBike fill the gap. Price your own commute.
Read the environmental file. The developer reports remediating petroleum contamination at the former gas-station site under a plan negotiated with the State Department of Environmental Conservation. Your attorney should obtain the remediation and closure documents, including any continuing controls, as part of diligence.
Verify the policy stack. Pet rules, sublet terms, and any transfer fees are thinly documented publicly. We verify against the condominium documents during diligence.
What to know if you’re selling
Market the structure, not just the finishes. Your buyer pool includes purchasers who have been turned away from, or priced out of, co-op boards across the East Village — and parents, investors, and foreign buyers the co-op stock can't accommodate. The condominium mechanics are the headline; lead with them.
Position against the corridor's newer condos, on value. Buyers cross-shopping Steiner East Village or the newer Lower East Side towers will find materially higher price points there. One Avenue B's argument is the same neighborhood at boutique scale with staff — make the per-foot comparison explicit.
Light and line drive the spread. South-facing Houston-front units and the penthouse tier clear at premiums; interior and lower-floor units price to the corridor. Same-line history matters more than building averages in a 23-unit building — we maintain it in the Research Library.
Comparable buildings
If you're considering 1 Avenue B, also evaluate:
- 143 Avenue B (Christodora House) — the corridor's pre-war condo tower on Tompkins Square; the history-and-views alternative
- 438 East 12th Street (Steiner East Village) — the East Village's amenity-rich condo step-up
- 100 Avenue A — boutique condo a few blocks north on the avenue
- 250 East Houston Street — larger full-service condo west along the Houston corridor
- 196 Orchard — full-amenity Lower East Side condo south of Houston
- 215 Chrystie Street — the downtown luxury-condo benchmark to the west
- 50 Clinton Street — boutique Lower East Side condo
- Blue (105 Norfolk Street) — the design-forward Lower East Side condo peer
More East Village buildings
- 14 Second Avenue — 2021 condominium
- 24 East 7th Street — 1991 co-op
- 24 Second Avenue — 2019 condominium
- 40 Stuyvesant Street — 1900 condominium
- 45 East 1st Street — condominium
- 45 East 7th Street — 2020 condominium by Morris Adjmi Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across East Village — read The Roebling Team Guide to East Village.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at One Avenue B?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com