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%Flatiron $1,769/sf 3%
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Cooperative · 1963
2 King Street
2 King Street, New York, NY 10012

2 King Street

2 King Street, New York, NY 10012

SoHo

BBL 1005190036 · BIN 1008100

At a glance
Year built
1963
Type
Cooperative
Units
40
Floors
7
Landmark
No
Amenities
On-site residential garage (by availability, at additional cost), renovated central laundry, renovated hallways
Pets
Cats permitted; no dogs, per brokerage records
Financing
80 percent maximum (20 percent minimum down) per brokerage records
The Data Room

Every recorded sale at this building, 2004–2024

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

Median $/sf
$1,632
Listing discount
0.0%
Recorded sales
37
On record
2004–2024

2 King Street is a structural anomaly in one of downtown's most supply-constrained pockets: a post-war elevator co-op in a neighborhood that otherwise offers almost exclusively 19th-century rowhouses, walk-up tenement stock, converted lofts, and a thin layer of high-priced new condos. The blocks around it are landmarked in nearly every direction — the Charlton-King-Vandam Historic District across Sixth Avenue holds the city's largest concentration of intact Federal and Greek Revival rowhouses, the SoHo-Cast Iron Historic District begins to the southeast, and the Sullivan-Thompson designation of 2016 wrapped the surrounding South Village blocks. Inside that preserved fabric, a 1963 elevator building with a laundry room, a live-in super, and a residential garage is a category of one, and it trades accordingly: this is one of the few entry-priced ways to own at the SoHo/Village seam.

The location does most of the work. King Street's eastern block is tree-lined and low-rise, listing records fairly describe the setting as the point where SoHo meets the Village, and the transit stack is exceptional — the C/E at Spring Street is a block away, the 1 at Houston/Varick a short walk, with the full West 4th Street interchange ten minutes north. Hudson Square's office-and-media build-out (and the retail and restaurant layer that followed it) has steadily upgraded the blocks west of Sixth Avenue, while the building's own retail base keeps the corner active.

What the building is not also matters, and the board's framework says it plainly: no dogs, no pieds-à-terre. This is a primary-residence house with owner-occupant economics — 80 percent financing permitted, modest carrying costs, post-war layouts that use space efficiently — in a zip code where most ownership alternatives start seven figures higher. Buyers priced out of loft SoHo and townhouse-block Greenwich Village should understand this building as the corridor's value mechanism, not a compromise on location.

Architecture and unit composition

The building rises seven stories in post-war brick, wrapping the corner with frontage on King Street, Sixth Avenue, and MacDougal Street — a triple exposure that gives a high share of the roughly 40 apartments corner light or open-avenue outlooks, and gives the top floor loft-like proportions with midtown skyline views per listing records. The mix is studio-through-two-bedroom in character: efficient post-war layouts with defined dining alcoves (several convertible to home offices or second bedrooms), windowed kitchens in many lines, and generous closets. Listing records also note central air in the building's marketing — verify the mechanical setup unit by unit. Renovation quality varies line to line, from estate condition to fully opened renovations, and the pricing tracks it.

Building operations

Self-service mechanics with real infrastructure: no doorman, but a video intercom and key-fob entry system, a live-in superintendent, an updated central laundry room, renovated hallways, an elevator, and — genuinely rare at this price tier downtown — an on-site residential garage, offered by availability at additional cost. The retail base on Sixth Avenue contributes commercial income to the cooperative; your attorney should review its lease terms and contribution in the financials during diligence. Policy specifics beyond the documented framework (cats only, no pieds-à-terre, 80 percent financing) should be confirmed with the managing agent.

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
$15,259/yr
Per unit / month range
$0 – $32
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
On record
$7,000 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 →

Management & transfer contacts

Managing agent
Dermer Management
Sublet policy
Allowed, up to one-year term of lease
Pied-à-terre
Allowed
Notable fees
Buyer app processing $550; messenger $50; sublet app processing $450; 80% max financing
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

Recent sales

Recent transfers 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
Oct 10, 20247A
1 BR · 1 BA
$1,355,000+0.4%
Jan 24, 20235E
1 BR · 1 BA · 725 sf
$1,150,000$1,586/sf+4.5%
Nov 1, 20224B
1 BR · 1 BA
$1,100,000+15.8%
Nov 22, 2021PHB
1 BR · 1 BA
$998,875+0.4%
Jul 15, 20212E
1 BR · 1 BA
$875,000+0.0%
Mar 20, 20204A
1 BR · 1 BA · 950 sf
$1,370,000$1,442/sf-1.8%
Jan 28, 20206D
1 BR · 1 BA · 655 sf
$733,000$1,119/sf-11.2%
Jan 23, 20207E
1 BR · 1 BA
$1,032,500-5.3%

Market read. $/sf is measured on the latest sales with reliable square footage (2023): a median $1,632/sf across 1 sale. The building has traded as recently as 2024. 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.

4A · 950 sf+50%
$915,000 ($963/sf) 2008$1,370,000 ($1,442/sf) 2020
5E · 725 sf+39%
$827,000 ($1,141/sf) 2018$1,150,000 ($1,586/sf) 2023
5C+31%
$496,000 2009$649,000 2013
6A+30%
$1,105,000 ($1,163/sf) 2013$1,435,000 2018
3B · 725 sf+28%
$704,142 ($971/sf) 2012$900,000 ($1,241/sf) 2016
View all 37 recorded transfers, 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 1-00519-0036) 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 on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

Buy the location math. The premium product in this pocket — SoHo lofts, Charlton-King-Vandam townhouses, the new Hudson Square condos — prices most buyers out. 2 King Street delivers the same blocks, the same transit, and the same restaurant geography at post-war co-op pricing. That spread is the whole thesis.

The usage policies are strict — confirm they fit your life. No dogs and no pieds-à-terre are firm framework per brokerage records. Investors and part-time users should look elsewhere; primary-residence buyers benefit from exactly that discipline in the shareholder base.

The financing framework is generous for a co-op. 80 percent financing materially widens the buyer pool relative to the 50–75 percent caps common in prime-corridor co-ops. Run the Co-op Board Qualification Calculator before offering, and verify current requirements.

Underwrite the corner, not just the apartment. Sixth Avenue is a real avenue: south- and east-facing lines get light and openness with traffic sound; King Street-facing lines get the tree-lined quiet. Visit at rush hour and price the exposure honestly.

Verify the unverified. Sublet policy, flip tax, co-purchase and guarantor postures, and the retail lease's contribution to building income are thinly documented publicly. We confirm each against management documents during diligence.

What to know if you’re selling

Position against the neighborhood's price floor, not its ceiling. Your buyer is someone who wants SoHo/Village life and has been repriced out of lofts and townhouses. Marketing that names the structural scarcity — elevator co-op stock barely exists in this pocket — outperforms generic "charming co-op" copy.

Lead with the practical stack. Garage, laundry, live-in super, key-fob security, 80 percent financing: these are the features that convert downtown renters into buyers. State them plainly and early.

Condition honesty wins at this tier. The building's spread between original and renovated lines is visible in its closing history. Price to condition with the Renovation Cost Calculator math in hand, and let same-building comparables anchor the conversation.

Comparable buildings

If you're considering 2 King Street, also evaluate:

  • 2 Charlton Street — the mid-century full-service co-op two blocks north; the closest like-for-like post-war alternative, with a doorman at a higher carry
  • 77 Bleecker Street (Bleecker Court) — Village loft-style co-op ownership at a comparable entry price point
  • 250 Mercer Street — the NoHo/Village loft alternative at entry-tier downtown pricing
  • 421 Hudson Street (The Printing House) — the converted-loft condo alternative in Hudson Square
  • 565 Broome Street — Renzo Piano's twin-tower condo at the SoHo/Hudson Square transition; the new-construction ceiling for the pocket
  • 1 Morton Square — the full-service West Village condo alternative at a materially higher price point

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

Considering a move at 2 King Street?

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 2 King Street 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.