- Year built
- 1986
- Type
- Condominium
- Units
- 17
- Floors
- 6
- Landmark
- No
- Pets
- Pets permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2021
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,285
- Listing discount
- 0.4%
- Recorded sales
- 32
- On record
- 2004–2021
105 Third Avenue is a boutique loft condominium on one of the most historically loaded corners in the East Village. The building carries the name Pear Tree Place for a reason: this is the site where Peter Stuyvesant is said to have planted a pear tree around 1667 that stood until an 1867 wagon collision, and for more than a century it was home to the original Kiehl's apothecary, which operated on the corner from 1851 until 1958. A commemorative plaque and a replanted pear tree still mark the spot. Few small residential buildings downtown sit on ground with this much accumulated history.
The residence itself is a 19th-century Neo-Grec masonry structure that was refurbished and converted into apartments in 1986–1987, taking the Pear Tree Place name at that point. The result is a 17-residence condominium of loft-style homes — exposed brick, high ceilings, and wood-burning fireplaces — a scale and character that reads as authentically downtown rather than as a new glass tower. It sits at the seam where the East Village meets Union Square and the Gramercy edge, steps from Union Square's transit and retail while retaining the intimacy of a low-rise side-street building.
This is a small, character-driven building. It competes on location, loft authenticity, and history rather than on amenity volume, and it appeals to buyers who want a downtown home with genuine prewar bones on a corner that has been continuously inhabited for centuries.
Architecture and unit composition
The building presents a 19th-century Neo-Grec streetwall — the masonry vocabulary typical of downtown Manhattan in the 1870s — with the residential conversion completed in the mid-1980s. Inside, the apartments read as lofts: high ceilings, exposed brick, and wood-burning fireplaces are recurring features, with the upper floors gaining light along the Third Avenue and East 13th Street exposures of the corner site. The mix runs to one- and two-bedroom loft layouts across the 17 residences.
At six stories and 17 apartments served by an elevator and a roof deck, the building is firmly boutique. The ground floor is given to retail, consistent with the corner's long commercial history, and the residential entrance operates on the quieter side-street address at 203 East 13th Street.
Building operations
105 Third Avenue operates as a boutique self-managed-scale condominium: elevator, roof deck, and private storage, without a doorman — an amenity profile appropriate to a 17-unit prewar conversion. Common charges reflect a small building carrying a historic masonry envelope; buyers should model the full monthly carry and review the building's reserves and any capital history during due diligence, as is prudent for any prewar structure that has been operating as a condominium for several decades.
Recent sales
As a condominium, 105 Third Avenue prices on a price-per-square-foot basis, with loft character, floor, exposure, the corner light, and the presence of a wood-burning fireplace driving unit-level value. Individual condominium apartments here have a genuine and continuous resale history, with closings recorded across many years; some owners also lease their units, which is normal for a small condo, but this is an ownership building, not a rental. Apartment-level context — the specific loft layout and condition — moves the number more than any building average, and the address's history supports the marketing story for well-presented homes.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Nov 17, 2021 | LLA | 1 BR · 1 BA · 627 sf | $805,600 | $1,285/sf | +0.1% |
| Feb 19, 2021 | 2AB | 3 BR · 3 BA | $2,725,000 | -5.9% | |
| Apr 23, 2019 | 1B | 2 BR · 972 sf | $1,325,000 | $1,363/sf | -5.0% |
| Dec 19, 2017 | 4B | 513 sf | $828,373 | $1,615/sf | off-mkt |
| Oct 26, 2015 | PH4CD | 3 BR · 3 BA · 1,972 sf | $4,440,000 | $2,252/sf | off-mkt |
| Sep 9, 2015 | 1B | 2 BR · 972 sf | $1,500,000 | $1,543/sf | +11.2% |
| Mar 16, 2012 | PH4B | 1 BR · 715 sf | $951,000 | $1,330/sf | +0.2% |
| Oct 1, 2008 | PH4B | 1 BR · 715 sf | $1,265,000 | $1,769/sf | -0.8% |
Market read. Most recent trades (2021) cleared a median $1,285/sf across 1 sale. Median listing discount 0.4% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Nov 15, 2021 | RES | $730,000 |
| Nov 3, 2021 | 3K | $675,000 |
| Mar 18, 2021 | 6K | $620,000 |
| Dec 23, 2020 | 7H | $715,000 |
| Aug 23, 2019 | RES | $655,000 |
| Jan 7, 2015 | 2G | $825,000 |
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 1-00469-7501) 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
The history is part of the asset. The Stuyvesant pear tree, the original Kiehl's corner, and the Pear Tree Place name are durable, distinctive selling points that do not depend on market timing.
These are lofts, not new-construction boxes. Expect prewar bones — exposed brick, high ceilings, wood-burning fireplaces — and walk each unit on its own terms.
This is a boutique building without a doorman. Elevator, roof deck, and storage are the shared package for 17 residences; there is no full-service staff.
Condo flexibility is real. Pied-à-terre, subletting, foreign buyers, and LLC/trust ownership are permitted under the declaration; closings run on condo timelines.
Mansion tax thresholds apply. At this building's pricing, the $1M and higher cliffs can be in play. Run pricing through the Mansion Tax Calculator.
Variable board financial policy — confirm at offer stage. Financing percentages and any sublet terms specific to your situation should be confirmed in writing before you commit.
What to know if you’re selling
Lead with the loft character and the corner. Exposed brick, fireplaces, and the Pear Tree Place history are the differentiators; marketing should foreground them.
Pricing requires apartment-level comps. With 17 residences, floor, exposure, layout, and condition all move the number.
Present the architecture. In a loft building, photography and staging that read the ceilings, brick, and light support price.
Comparable buildings
If you're considering 105 Third Avenue, also evaluate these nearby East Village and downtown boutique buildings:
- 111 Third Avenue — nearby East Village condominium near Union Square
- 111 East 14th Street — nearby Union Square / East Village condominium
- 115 East 9th Street — nearby East Village boutique building
- 1 Astor Place — nearby NoHo / East Village prewar building
- 21 Astor Place — nearby Astor Place condominium
The Roebling Team at 105 Third Avenue (Pear Tree Place)
The Roebling Team at Compass works the full East Village, NoHo, and Union Square market, including its boutique loft condominiums. We publish this profile because buyers and sellers of small, character-driven buildings deserve building-level intelligence — history, operational reality, and apartment-level pricing context — rather than generic market commentary.
If you're considering a purchase or sale at 105 Third Avenue, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across East Village + NoHo — read The Roebling Team Guide to East Village + NoHo.
Get the full picture on this building.
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