Manhattan Building · 1958
111 Third Avenue
111 Third Avenue, New York, NY 10003

111 Third Avenue

111 Third Avenue, New York, NY 10003

At a glance
Year built
1958

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.

The structural identity rests on three features. First, the Horace Ginsbern architectural pedigree — Ginsbern's broader Manhattan body of work includes 1045 Fifth Avenue (the only mostly-glass facade on Fifth Avenue north of 59th Street), 750 Park Avenue, and 40 East 84th Street. Second, the condop policy structure — producing materially more flexible ownership terms than traditional East Village cooperatives. Third, the half-court basketball and bocce courts — among the most distinctive amenity infrastructure in the East Village residential corridor.

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 Real Estate Library during diligence — particularly important given the ground-lease structure.

Comparable buildings

The Roebling Team at 111 Third Avenue

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


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.

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