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Condominium · 2024
The Freeman Residences at The Freeman Condominium
183 Chrystie Street, New York, NY 10002
Buildings·Condominium

The Freeman Residences

183 Chrystie Street, New York, NY 10002

BBL 1004260035 · BIN 1091070

At a glance
Year built
2024
Type
Condominium
Landmark
No
Considering a sale?

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

A Private Pricing Opinion — what your apartment at The Freeman Residences at The Freeman Condominium 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.

183 Chrystie Street is a ground-up condominium completed in 2024 on one of the Lower East Side's most characterful corners — at the mouth of Freeman Alley, the cobbled cul-de-sac that has come to symbolize the neighborhood's evolution from gritty to genuinely desirable. The building's name and its address play directly on that identity: this is new, design-forward product dropped into a quarter defined by old tenements, art galleries, and a dense restaurant-and-nightlife scene.

The architecture announces the intent. Where the surrounding streets are brick and fire escape, 183 Chrystie is clad in light-colored stone and wrapped in a tight grid of floor-to-ceiling glass, with a cantilever extending over its low-rise neighbor and a series of upper setbacks carved into landscaped terraces. It reads as a contemporary building that is confident about its setting rather than apologetic for it.

For buyers, the case is specific: a brand-new condominium — with the financing latitude, ownership flexibility, and resale liquidity a condominium offers — in a Lower East Side that has matured into one of downtown's most sought-after corridors, where new for-sale supply is genuinely scarce.

Building operations

As a new condominium, 183 Chrystie offers the structural advantages its older co-op and tenement neighbors cannot. Financing is flexible — condominiums do not impose the financing caps common at co-ops. There is no co-op-style board admissions process — purchases clear through a right-of-first-refusal rather than a board package and interview. Pied-à-terre, trust, LLC, and investment purchases are customary at condominiums of this kind, and resale and subletting are materially freer than in a cooperative. For a downtown buyer who wants a turnkey home with ownership flexibility, that combination is the building's core appeal. The residences are offered under a condominium plan accepted for filing by the New York State Attorney General; common-charge and tax structures follow that plan.

Architecture and residences

The 17-story building was designed as a sculptural object: the stone-and-glass envelope, the cantilever, and the terraced setbacks give it a distinct profile against the lower roofline of the surrounding blocks. The floor-to-ceiling window grid floods the homes with light, and the upper-floor setbacks translate into private landscaped outdoor space — a premium feature on the Lower East Side, where outdoor square footage is rare.

The residences are new-construction throughout, which means contemporary ceiling heights, modern mechanical and air systems, and current-generation kitchens and baths — the infrastructure that only ground-up development delivers. Layouts and finishes follow the building's filed condominium plan; value within the building is set by floor, exposure, and the terraced upper homes, which command the strongest pricing.

Recent sales

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Dec 29, 2021$19,500,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00426-0035) 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.

What to know if you’re buying

The advantages of buying new apply in full here: flexible financing, no board interview, and the customary acceptance of pied-à-terre, trust, and LLC purchases at a condominium. The terraced upper homes are the building's standout product and price accordingly — outdoor space is the scarce commodity on these blocks. Diligence on a new-construction condominium centers on the offering plan, the common-charge and tax projections, the sponsor's warranty, and the punch-list and closing mechanics. We help buyers read the plan, benchmark the pricing against the newest downtown inventory, and structure the purchase.

What to know if you’re selling

A resale here trades on what the building is: new construction with a distinctive stone-and-glass envelope and private landscaped terraces, in a Lower East Side corridor with very little comparable for-sale supply. The marketing core is the architecture, the outdoor space, and the address at Freeman Alley, and the comparison set is the newest condominiums in the neighborhood rather than the older co-ops and tenement conversions nearby. Condominium closing mechanics — a right-of-first-refusal rather than a board process — are themselves a selling point to the flexibility-minded downtown buyer.

Comparable buildings

If you're considering 183 Chrystie Street, also evaluate these Lower East Side condominiums:

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 The Freeman Residences at The Freeman Condominium?

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