Condominium · 2020
The 101
101 East 2nd Street, New York, NY 10009

101 East 2nd Street

101 East 2nd Street, New York, NY 10009

At a glance
Year built
2020
Type
Condominium
Units
23
Floors
7
Landmark
No
Pets
Pet-friendly; confirm specifics at offer stage
Subletting
Permitted under the condominium bylaws
Pied-à-terre
Allowed
The Data Room

Every recorded sale at this building, 2022–2022

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,928
Listing discount
1.3%
Recorded sales
22
On record
2022–2022

101 East 2nd Street — The 101 — is one of the newest boutique condominiums at the seam where the East Village meets the Lower East Side. Completed in 2020 and designed by Zproekt Architecture, the seven-story building brought genuinely contemporary new construction to a corner defined by tenement fabric, wrapping two lots on East 2nd Street and a third on First Avenue into a two-wing plan behind a charcoal-gray masonry façade.

For the buyer who wants new-construction systems and architect-designed interiors inside the energy of the East Village — steps from First Avenue, Houston Street, and the district's restaurant, bar, and gallery density — The 101 is a clean proposition. Deeded condominium ownership, contemporary finishes, and a boutique 23-residence scale in a building designed from the ground up rather than converted from older stock.

Building operations

The condominium runs on a contemporary boutique model: a fitness center, landscaped indoor/outdoor space, and doorman service. Multi-zoned HVAC serves the residences. The staffing and amenity package is calibrated to the building's boutique scale — enough service to feel tended without the carrying cost of a full-tower amenity program.

As a condominium, ownership is by deed rather than shares. Purchases avoid the share-loan structure and interview process of a cooperative; financing is a matter between buyer and lender; and pied-à-terre, investment, and subletting uses are permitted under the bylaws. The building is pet-friendly. Any transfer fee and specific sublet terms should be confirmed against the current bylaws at offer stage.

Recent sales

Condominium pricing is read on a per-square-foot basis, and 101 East 2nd Street trades as a design-forward new-construction East Village condo — contemporary finishes, a broad studio-to-three-bedroom mix, and the flexibility premium that deeded ownership commands. With only 23 residences, resale volume is thin: a handful of closings in an active year. Pricing is driven by floor, exposure, outdoor space, and the specific unit's layout rather than by any neighborhood average. When underwriting a purchase or a list price, capture the specific unit's square footage, light, and finish level rather than leaning on an East Village headline number.

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jul 11, 20224C
5 BR · 1 BA · 450 sf
$843,111$1,874/sf-2.5%
Jul 1, 20226C
1 BA · 450 sf
$861,605$1,915/sf-4.2%
Jun 24, 20222C
5 BR · 1 BA · 450 sf
$796,186$1,769/sf-3.5%
Jun 13, 20226D
1 BR · 1.5 BA · 856 sf
$1,670,000$1,951/sf-0.6%
May 13, 20225B
2 BR · 2 BA · 993 sf
$1,950,000$1,964/sf-1.3%
May 5, 20224D
1 BR · 1.5 BA · 856 sf
$1,625,000$1,898/sfoff-mkt
May 3, 20223B
2 BR · 2 BA · 993 sf
$1,925,000$1,939/sfoff-mkt
Apr 21, 2022PH2
2 BR · 2.5 BA · 1,214 sf
$2,890,613$2,381/sf+1.4%

Market read. Most recent trades (2022) cleared a median $1,928/sf across 19 sales. Median listing discount 1.3% 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.

5D · 856 sf+0%
$1,650,000 ($1,928/sf) $1,650,000 ($1,928/sf) 2022
View all 22 recorded sales, sortable

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 1-00429-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

What to know if you’re buying

This is a condominium, so the path is straightforward: no board interview, financing set by your lender, and a review of the building's financials, reserve, and bylaws during due diligence. Read the bylaws on pet rules, any transfer fee, and sublet terms, and confirm them at offer stage. As a 2020 new-construction building, review the reserve and any capital-planning history on the building envelope and systems — recent construction carries its own diligence profile.

The reasons to buy are the design and the flexibility: architect-designed contemporary interiors with new-construction systems, doorman service and a fitness center at a boutique scale, deeded ownership with pied-à-terre and investment latitude, and a corner location where the East Village meets the Lower East Side.

What to know if you’re selling

The story is new construction and contemporary living downtown. A Zproekt-designed building with Durukan interiors, herringbone floors, and a doorman is a specific, marketable proposition that sells to buyers who want modern systems and design inside the East Village. Pricing is an apartment-specific exercise: square footage, floor, light, outdoor space, and layout drive the number. We position the new-construction narrative, benchmark against the right tier of boutique downtown condominiums, and market to the design-minded East Village buyer.

Comparable buildings

If you're considering 101 East 2nd Street, also look at these East Village and downtown boutique buildings:

The Roebling Team at The 101

The Roebling Team at Compass specializes in the East Village and NoHo and the broader downtown condominium and cooperative market. We publish this profile because buyers and sellers of new-construction boutique condominiums deserve building-specific intelligence — the architecture, the condominium structure, the staffing and amenity reality, and where pricing sits against the right comparable tier.

If you're weighing a purchase or sale at 101 East 2nd Street, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across East Village + NoHo — read The Roebling Team Guide to East Village + NoHo.

Considering a move at The 101?

Get the full picture on this building.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com