Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Condominium · 1912
The Forward Building
173 East Broadway, New York, NY 10002

173 East Broadway

173 East Broadway, New York, NY 10002

Two Bridges

BBL 1002847503 · BIN 1003623

At a glance
Year built
1912
Type
Condominium
Landmark
Designated
The Data Room

Every recorded sale at this building, 2005–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,867
Listing discount
0.0%
Recorded sales
77
On record
2005–2026

There are few residential addresses in New York with the cultural weight of 173 East Broadway. Built in 1912 as the headquarters of the Jewish Daily Forward — the Yiddish-language daily that at its peak reached a circulation of roughly 200,000 and stood at the center of immigrant intellectual and political life — the building is a designated landmark and one of the great surviving monuments of the Lower East Side's golden age. Its name is still carved across the façade in both English and Yiddish, and bas-relief portraits of socialist thinkers look out over Seward Park to this day.

In the mid-2000s the building was converted into a small condominium of fewer than thirty residences, turning a Beaux-Arts office and printing house into some of the most distinctive lofts downtown. For a buyer, the appeal is rare on every axis: a true landmark address, condominium ownership flexibility, soaring industrial-scale ceilings, and a park-facing position at the heart of a Lower East Side that has become one of Manhattan's most dynamic neighborhoods.

Building operations

The Forward Building runs as a full-service condominium. Residents have a 24-hour doorman, a roof terrace with open views over the park and the Lower East Side skyline, and private storage. The combination of full-time staffing and a landmark address gives the building a service level uncommon among the neighborhood's smaller conversions.

As a condominium, ownership is structurally flexible: purchases clear through a board's right of first refusal rather than a co-op admissions process, financing is not capped the way it is at cooperatives, and pied-à-terre, LLC, trust, and investment purchases are customary. Subletting is materially freer than at a co-op. For buyers who want downtown character without a co-op board, the condominium structure is a core part of the value.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$22,256/yr
Per unit / month range
$0 – $62
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

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.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2027
On record
$4,950 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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

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.

DateUnitApartmentPricePPSFvs. Ask
Feb 25, 20264A
1 BR · 1 BA · 625 sf
$1,150,000$1,840/sf-2.1%
Feb 11, 20264C
2 BR · 2 BA · 1,060 sf
$1,695,000$1,599/sf-3.1%
Aug 26, 202510B
2 BR · 2 BA · 2,745 sf
$7,495,000$2,730/sf+8.6%
Aug 12, 20258B
3 BR · 2.5 BA · 2,900 sf
$5,200,000$1,793/sf-5.5%
Jun 10, 20256D
2 BR · 2 BA · 1,215 sf
$2,300,000$1,893/sfoff-mkt
Dec 30, 20243A
1 BR · 1 BA · 625 sf
$1,100,000$1,760/sf-5.6%
Dec 20, 20246C
2 BR · 2 BA · 1,380 sf
$2,650,000$1,920/sf-0.9%
Nov 20, 20246A
1 BA · 625 sf
$1,330,000$2,128/sf-1.5%

Market read. Most recent trades (2026) cleared a median $1,867/sf across 2 sales. Median listing discount 0.0% from the last ask.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

6A · 625 sf+127%
$585,493 ($937/sf) 2006$1,275,000 ($2,040/sf) 2021$1,330,000 ($2,128/sf) 2024
6B · 710 sf+112%
$738,231 ($1,040/sf) 2006$1,567,000 ($2,207/sf) 2024
8A · 1,410 sf+96%
$1,578,287 ($1,119/sf) 2006$3,100,000 ($2,199/sf) 2023
4A · 625 sf+94%
$592,393 ($948/sf) 2006$1,150,000 ($1,840/sf) 2026
7A · 1,400 sf+93%
$1,603,743 ($1,146/sf) 2006$3,100,000 ($2,214/sf) 2022
View all 77 recorded sales, sortable

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 1-00284-7503) 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

This is a condominium, so the path is lighter than a co-op: a right-of-first-refusal process rather than a board interview, uncapped financing, and broad latitude for pied-à-terre and investment ownership. The diligence here is building- and apartment-specific. Because this is a landmark conversion of an early-twentieth-century structure, review the building's financials, reserve, and any planned capital work on the historic façade and systems, and read the offering plan for the specifics of each unit's volume and layout — homes differ widely.

The reasons to buy are singular: a designated landmark address, loft-scale ceilings that cannot be reproduced, a full-time doorman, a roof terrace, and a park-facing position in a neighborhood whose restaurant, gallery, and nightlife density now rivals anywhere downtown — Essex Market and the Essex Crossing retail and cinema complex are a few blocks away.

What to know if you’re selling

The story sells itself, but it has to be told precisely. The landmark status, the carved façade, the ceiling heights, and the park exposure are durable differentiators that distinguish a home here from any conventional Lower East Side condominium. The comparable set is recent closings in the building and in the small cohort of distinctive downtown loft conversions — adjusted for the building's unusually wide range of unit sizes and volumes.

Because the residences vary so much, pricing is an apartment-specific exercise rather than a per-foot average. We position the landmark narrative, photograph the volume and light that make these lofts singular, and benchmark against the right comparable tier rather than the broad neighborhood number. A condominium resale clears on a faster, more predictable timeline than a co-op — itself a selling point to the flexibility-minded buyer this building attracts.

Comparable buildings

If you're considering 173 East Broadway, also look at these Lower East Side condominiums and conversions:

Considering a move at The Forward Building?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Forward Building 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.