West Lake Terraces (183 East Broadway)

West Lake Terraces runs as a self-managed boutique condominium: an elevator, in-unit washer/dryers, and private terraces/balconies on many homes. The profile describes no doorman, no gym, no garage and no pool. Confirm current services and amenities with management, and review the budget and charges; the absence of facilities does not establish low costs.

As a condominium, purchases clear through a board's right of first refusal rather than a co-op admissions process. Financing, leasing, pied-à-terre and ownership-entity rules are set by the declaration, bylaws and house rules. Because the building is mixed-use, buyers should review how the residential and commercial portions sit within the condominium, and confirm those terms and the house rules — including the building's pet policy — at offer stage.

The building is a six-story contemporary mid-rise on an irregular, deep corner lot. It is new construction rather than a conversion — an elevator, modern layouts, in-unit washer/dryers, and private terraces or balconies on many of the residences. Ground-floor commercial space fronts the street, with the condominium homes above.

Residences are predominantly one-bedroom homes of roughly 900 to 1,075 square feet, several with private outdoor space. The unit mix is small and consistent, as is typical of a 20-residence boutique condominium.

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.

Market read. Most recent trades (2025) cleared a median $814/sf (recorded) across 1 sale.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00284-7504; each condominium apartment is its own tax lot). 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.

This is a condominium, so the path is lighter than a co-op: a right-of-first-refusal process rather than a board interview; confirm financing, pied-à-terre and ownership-entity rules in the declaration and bylaws. The diligence is building- and apartment-specific. Review the financials, reserve, and any planned capital work, and — because the building is mixed-use and self-managed — understand the relationship between the residential and commercial interests and the building's management arrangement. Confirm the condominium's house rules, including the pet policy, against the declaration.

The reasons to buy are flexibility, value, and outdoor space: newer construction with an elevator and in-unit laundry, condominium ownership, private terraces, and a quiet Two Bridges position steps from Seward Park, the East Broadway corridor, and the Dimes Square scene.

The pitch is the combination: a 2007 condominium with an elevator, in-unit laundry, and private outdoor space, in a neighborhood with deep food and cultural draw. Pricing is apartment-specific: floor, exposure, terrace size, and condition drive the number. We position the flexibility and the outdoor space, photograph the light and the terraces, and benchmark against the right comparable tier of downtown boutique condominiums.

If you're considering 183 East Broadway, also look at these nearby Lower East Side and downtown condominiums:

• 173 East Broadway — landmark Forward Building condominium nearby
• 136 East Broadway — boutique condominium on the same corridor
• 222 East Broadway — Lower East Side condominium nearby
• 7 Essex Street — Lower East Side condominium near Essex Crossing
• 196 Orchard — Ismael Leyva Architects's 2018 Manhattan condominium