111 Third Avenue
111 Third Avenue, New York, NY 10003
BBL 1004697502 · BIN 1066718
- Year built
- 1958
- Type
- Condop
- Units
- 155
- Floors
- 17
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted with conditions
- Maximum financing
- 90% of the purchase price
- Doorman
- Full-time doorman
Every recorded sale at this building, 2001–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,027
- floor-adjusted, 1 sale
- Listing discount
- 0.7%
- Recorded sales
- 127
- On record
- 2001–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 111 Third Avenue 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.
111 Third Avenue is Horace Ginsbern's 1958 mid-century-modern condop with half-court basketball and bocce courts — anchoring the East Village Third Avenue corridor.
Few East Village buildings can match its amenity signature: half-court basketball and bocce courts, among the most distinctive recreation infrastructure in the corridor. Just as consequential is the condop policy structure, which yields materially more flexible ownership terms than the traditional cooperatives nearby. Both sit within a building shaped by the Horace Ginsbern architectural pedigree, whose Manhattan work also includes 1045 Fifth Avenue (the only mostly-glass facade on Fifth north of 59th Street), 750 Park Avenue, and 40 East 84th Street.
Architecture and building operations
Ginsbern's 1958 design produced a 17-story white-brick mid-century building with light-blue piers — distinguishing the building architecturally from peer rectangular Third Avenue inventory. The 155-160-unit configuration distributes across the building's floors. The building is ground-leased.
Operations: 24-hour doorman; live-in superintendent; half-court basketball + bocce courts; fitness center; private storage; bicycle storage.
Policy framework — verify via The Roebling Research Library
- Type: Condop — verify ground-lease structure during diligence
- Pets: Permitted typically
- Pied-à-terre: Permitted under condop framework
- Subletting: Permitted with board approval
- Financing: Typically up to 80%+ permitted under condop structure
- LLC/trust/foreign buyers: Permitted typically
- Board interview: Required but typically less substantive
Specific policy framework should be verified against the Roebling Research Library's offering plan and house rules at engagement. The ground-lease structure is the most consequential operational fact and should be cross-referenced explicitly.
Financing and purchase requirements
- Maximum financing
- 90% of the purchase priceSource: building management's published schedule, as of October 2026
- Guarantors
- PermittedSource: building management's published schedule, as of October 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of October 2026
- Parent buying for an employed child
- PermittedSource: building management's published schedule, as of October 2026
- Parent buying for a student child
- Not permittedSource: building management's published schedule, as of October 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of October 2026
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.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- PermittedSource: building management's published schedule, as of October 2026
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of October 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of October 2026
- In-unit washer/dryer
- Permitted with conditionsOnly in combined units with board approvalSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $522 per room a monthMedian of 8 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
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Sublet policy
- Allowed
- Pied-à-terre
- Allowed
- Notable fees
- Annual sublet fee = 3 months maintenance; max financing 90%
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 |
|---|---|---|---|---|---|
| Aug 19, 2026 | 11G | 1 BR · 1 BA | $860,000 | -4.3% | |
| Mar 2, 2026 | PHK | 1 BA | $585,000 | -6.4% | |
| Jun 25, 2025 | 4A | 1 BR · 1 BA | $690,000 | -0.7% | |
| May 14, 2025 | 14F | 1 BA | $520,000 | -1.0% | |
| May 9, 2025 | 11J | 1 BR · 1 BA | $800,000 | +0.1% | |
| Mar 10, 2025 | 8E | 1 BR · 1 BA · 700 sf | $720,000 | $1,029/sf | -3.9% |
| Aug 12, 2024 | 4E | 1 BR · 1 BA · 636 sf | $685,000 | $1,077/sf | +0.0% |
| Jul 25, 2024 | 3H | 1 BR · 1 BA | $740,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,027/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount 0.7% 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 1-00469-7502). 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 111 Third Avenue, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 7 | $3,695 |
| 1 bedroom | 5 | $4,200 |
| 2 bedroom | 4 | $5,850 |
16 closed leases, October 2023 to September 2026. Most recent lease July 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 111 Third Avenue and nearby.
At the recent median sale of $720K (6 transfers since 2024), a buyer putting 25% down would pay about $11,250 to close, or 1.6% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,250
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with 111 Third Avenue and its market
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What to know if you’re buying
The Horace Ginsbern architectural pedigree is real institutional context. Same architect as 1045 Fifth Avenue.
The condop policy structure produces materially flexible ownership terms versus traditional East Village cooperative inventory.
The ground-lease structure is the most consequential operational fact. Verify ground-lease term, ground-rent escalation, and any conversion-to-fee-simple history during diligence.
The half-court basketball and bocce courts are real institutional amenity infrastructure.
The white-brick / light-blue piers facade is structurally distinguishing.
Roebling cross-references the offering plan through the Roebling Research Library during diligence — particularly important given the ground-lease structure.
Comparable buildings
- 111 Fourth Avenue — Starrett & Van Vleck 1919 / 1977 conversion; nearby East Village peer
- The St. Mark (115 East 9th) — Bien 1965; nearby East Village peer
- Ageloff Tower (172 East 4th) — Shampan & Shampan 1929; nearby East Village Art Deco peer
- The Churchill (300 East 40th Street) — 1967 / 1991 condop; nearby Murray Hill condop peer
- 1045 Fifth Avenue — Ginsbern 1967; same-architect Museum Mile peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
More East Village buildings
- 103 East 10th Street — 1920 co-op
- 105 Third Avenue (Pear Tree Place) — 1986 condominium
- 111 East 10th Street — 1856 co-op
- 118 East 1st Street — 2021 condominium
- 120 Second Avenue — 1920 co-op
- 121 East 10th Street — 1899 co-op
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 111 Third Avenue?
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