- Year built
- 1920
- Type
- Condominium
- Units
- 20
- Floors
- 5
- Landmark
- No
- Pets
- Generally permitted; confirm specifics at offer stage
- Subletting
- Permitted under the condominium bylaws
- Pied-à-terre
- Allowed
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
- $1,685
- Listing discount
- 2.4%
- Recorded sales
- 30
- On record
- 2005–2026
175 East 2nd Street is one of Alphabet City's genuine loft conversions — a five-story industrial building from around 1920 that was reworked into a 20-unit residential condominium in 1986, well before the East Village's condo wave. It sits mid-block between Avenue A and Avenue B, one block north of Houston Street and the northern edge of the Lower East Side, in the tight grid of tenements, gardens, and low-rise former workshops that gives this pocket its texture.
For buyers, the appeal is the combination of scale and provenance: a small, deeded-ownership building where the apartments read as authentic lofts rather than gut-renovated tenement walk-ups. Many residences carry roughly ten-foot beamed ceilings, generous window lines, exposed brick, open kitchens, and in-unit laundry — the kind of raw-to-refined East Village space that rarely trades because owners tend to hold.
Building operations
175 East 2nd Street operates as a lean, boutique condominium. Amenities are practical rather than luxury: bike storage, in-building laundry, and in-unit washer/dryers in most homes. There is no full-time doorman; the building is run on a superintendent-and-management basis appropriate to its 20-unit scale, which keeps common charges modest.
As a condominium, ownership here is deeded real property. There is no board interview in the co-op sense, financing is available through standard condominium lending, and pied-à-terre, investment, and sublet use are permitted under the building's bylaws. Pets are generally allowed. Any transfer fee, sublet application, and current house-rule specifics should be confirmed against the offering plan and current governing documents at offer stage.
Recent sales
Pricing at 175 East 2nd Street is read on a per-square-foot basis, as with any condominium. With only 20 units and long-tenured owners, resale is genuinely thin — apartments come to market infrequently, and each sale carries meaningful weight in the building's trailing comps. That makes per-unit underwriting essential: layout, floor, light exposure, ceiling height, and the level of renovation drive value more than any single building-wide average. A recent gut-renovated loft and a dated original unit can price very differently under the same roof.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 12, 2026 | 3/4A | 2 BR · 2 BA · 1,380 sf | $2,325,000 | $1,685/sf | -2.9% |
| Dec 6, 2024 | 4B | 1 BR · 1 BA · 740 sf | $1,275,000 | $1,723/sf | +6.7% |
| Jul 27, 2023 | 5A | 1 BR · 1 BA · 750 sf | $1,200,000 | $1,600/sf | -3.9% |
| Mar 3, 2023 | 3B | 1 BR · 1 BA · 740 sf | $1,050,000 | $1,419/sf | -17.6% |
| Dec 15, 2021 | 4C | 1 BA · 750 sf | $1,250,000 | $1,667/sf | off-mkt |
| Dec 3, 2021 | GDND | 1 BR · 1 BA · 675 sf | $920,000 | $1,363/sf | -1.6% |
| Aug 5, 2021 | 2A | 1 BR · 1 BA · 750 sf | $1,250,000 | $1,667/sf | +4.6% |
| Apr 7, 2021 | 5C | 1 BR · 1.5 BA · 1,500 sf | $2,700,000 | $1,800/sf | +1.9% |
Market read. Most recent trades (2026) cleared a median $1,685/sf across 1 sale. Median listing discount 2.4% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jan 6, 2006 | 4D | $749,000 |
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 1-00397-7501) 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
Buying here is a standard condominium purchase — deeded ownership, standard lending, no co-op-style board approval. The reasons to buy are specific: authentic loft space with pre-war beamed ceilings and light, a boutique building with low density, and an Alphabet City location that stays in demand. Because supply is scarce, buyers should be prepared to move decisively on the right layout and to underwrite each apartment on its own condition and exposure rather than a headline building average.
What to know if you’re selling
The story sells itself: a genuine 1980s loft conversion in a 20-unit pre-war building, in a neighborhood buyers actively seek. The pricing work is apartment-specific — your ceiling height, window line, floor, and renovation level position you against the small pool of recent trades. With so few comparable sales, positioning and presentation matter disproportionately; a well-prepared listing here can set the building's next benchmark rather than follow it.
Comparable buildings
If you're considering 175 East 2nd Street, also look at these Lower East Side and East Village boutique buildings:
- 101 East 2nd Street — a boutique East Village / Alphabet City condominium a block away on the same street.
- 182 East 2nd Street — a small-scale condominium on the same block-front corridor.
- 160 East 3rd Street — a nearby boutique East Village condominium.
- 100 Avenue A — an Alphabet City condominium steps from Tompkins Square Park.
- 89 Avenue A — a boutique Avenue A condominium in the same low-rise fabric.
The Roebling Team at 175 East 2nd Street
The Roebling Team at Compass works the Lower East Side corridor and Alphabet City closely, and boutique loft conversions like 175 East 2nd Street are exactly where local knowledge and a thin-comp reading of value pay off. If you're weighing a purchase or sale at 175 East 2nd Street, a 30-minute consultation is the right starting point.
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