- 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
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.
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:
- 111 Third Avenue — full-service building directly across the avenue
- 214 East 14th Street — contemporary East Village condominium
- 114 East 13th Street — East Village residential peer
- 40 Bond Street — NoHo boutique condominium
- 25 Bond Street — NoHo loft condominium
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.
Get the full picture on this building.
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