Condominium · 2006
One Ten Third
108 Third Avenue, New York, NY 10003
Buildings·Condominium

108 Third Avenue

108 Third Avenue, New York, NY 10003

At a glance
Year built
2006
Type
Condominium
Landmark
No

108 Third Avenue — One Ten Third — has a place in the East Village's recent history: it was Toll Brothers' first venture into the Manhattan condominium market, a 21-story boutique glass tower completed in 2006 with a distinctive Mondrian-inspired blue-and-green facade. In a neighborhood defined by low-rise tenements and pre-war walk-ups, the building stands out — a vertical, modern, full-service condominium that brought new-construction ownership stock to a corner of downtown that had little of it.

For buyers, the appeal is the combination of height, modernity, and ownership flexibility in a neighborhood prized for its energy. The tower's upper floors capture light and open views over the surrounding low-rise blocks, a genuinely scarce commodity in the East Village, and the condominium structure delivers the financing latitude and lighter purchase process that this part of downtown's older co-op and rental stock cannot.

Architecture and unit composition

One Ten Third is contemporary architecture with a recognizable signature — a 21-story glass tower whose blue-and-green curtain wall, composed in a Mondrian-inspired grid, makes it one of the more identifiable modern buildings on lower Third Avenue. The floor-to-ceiling glass is the interior story: the homes are flooded with light, and the upper floors enjoy open exposures over a neighborhood that stays low around them.

The residences are modern in layout — efficient, light-filled plans designed for contemporary downtown living, ranging from studios and one-bedrooms to larger two-bedroom and combined homes, with the most desirable apartments on the higher floors where the views and light open up. This is move-in-ready, low-maintenance living in the heart of the East Village, which is precisely what draws its buyers.

Building operations

One Ten Third operates as a full-service condominium. As a condominium, ownership carries the flexibility the form is known for — financing latitude, pied-à-terre and investor ownership, and a purchase that clears through a right-of-first-refusal rather than a co-op board package and interview. Subletting and resale are governed by the condominium's bylaws; buyers should review the bylaws and house rules for specifics, but the structural advantages of condominium ownership — and the faster, lighter closing path — apply here.

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2015–20
Safe
2020–25
Safe
2025–30
Safe
2030–35
Due
Next report due
by Feb 2032
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

With roughly 77 to 84 residences, One Ten Third produces a steady flow of resales — a tower of this size typically turns over several homes in an active year, concentrated in the studios and one-bedrooms that dominate the mix. Pricing tracks the East Village condominium market: value set by floor, light, exposure, and condition, with the higher-floor view homes carrying the premium. Our /sales record for the building is tied to its tax lot and reflects recorded transfers as they post; for current value we benchmark a specific unit against comparable East Village and downtown condominiums rather than building-wide averages.

What to know if you’re buying

The condominium structure is the practical advantage — flexible financing, pied-à-terre and entity ownership, and a faster, lighter purchase than a co-op. Within the building, floor and exposure are the value drivers; the upper floors with open light and views over the low-rise East Village are the scarce, premium inventory, and the floor-to-ceiling glass is a defining feature. The location is the long-term anchor: Union Square's transit hub, the L train, NYU, and the full breadth of the East Village's restaurants, bars, and shops are all within a short walk. For buyers who want modern construction and a low-friction purchase in a high-energy neighborhood, this is a strong, liquid option.

What to know if you’re selling

A resale here markets on modern construction, the distinctive glass facade, floor-to-ceiling light, and — for the upper floors — open views that are rare in the low-rise East Village. Benchmark to other contemporary downtown condominiums rather than to pre-war co-ops; the buyer wants modern systems and a low-friction purchase. The condominium closing path is faster and more predictable than a co-op's, which is itself a selling point. Present the home to its strengths — light, views, and turnkey condition — and price it against the active East Village condominium comparison set.

Comparable buildings

If you're considering 108 Third Avenue, also evaluate these East Village, NoHo, and downtown condominium peers:

The Roebling Team at One Ten Third

The Roebling Team at Compass works the East Village, NoHo, and downtown condominium market — buildings where ownership structure, floor and view, and modern systems drive value. We publish this profile so buyers and sellers at One Ten Third have building-specific intelligence before they transact.

If you're considering a purchase or sale here, a 30-minute consultation is the right starting point — we'll benchmark the unit, the building, and the comparison set with you.

Considering a move at One Ten Third?

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