Condominium
222 LES Tower + Lofts
222 East Broadway, New York, NY 10002
Buildings·Condominium

222 LES Tower + Lofts

222 East Broadway, New York, NY 10002

At a glance
Type
Condominium
Landmark
No

222 East Broadway is one of the most ambitious for-sale developments the Lower East Side has produced: a two-part condominium that pairs a new tower with a restored 11-story Art Deco building, the former Bialystoker Home for the Aged. The combination gives buyers a genuine choice within a single condominium — sleek high-floor tower homes with open views, or loft residences in the converted Art Deco block — under one well-amenitized roof.

The development arrived as Lower East Side pricing approached record highs, and it was conceived to anchor the top of that market. Developed by Optimum Asset Management and designed by SLCE Architects with interiors by Paris Forino, it offers a depth of amenity and a scale of common space rarely seen this far downtown.

For buyers, the appeal is range and resources: 70 condominium homes from studios to four-bedrooms — including duplex loft penthouses and full-floor tower residences — with a 14,000-square-foot amenity package built around an indoor pool and a private park, in a neighborhood where new for-sale supply at this level is scarce.

Building operations

As a condominium, 222 East Broadway offers the ownership flexibility downtown buyers want. Financing is flexible — there are no co-op-style financing caps. There is no 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, and resale and subletting are materially freer than in a cooperative. Pets are permitted. The amenity program is the operational standout: an indoor pool with cabanas, a fitness center with a yoga studio, a screening room, a children's playroom, and a private landscaped park with a playground and barbecue areas — roughly 14,000 square feet of shared space that is exceptional for the neighborhood.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

As a recently completed condominium, 222 East Broadway's market runs on first-generation sales and early resales rather than a long history. Pricing reflects the building's position at the top of the Lower East Side market and the breadth of its unit mix — studios to four-bedroom penthouses span a wide band, with the duplex lofts and full-floor tower homes at the peak. New for-sale supply at this caliber is limited downtown, which supports values. The live /sales record for this BBL captures recorded transfers as they occur; for current value, compare against the building's own pricing and the newest Lower East Side condominiums.

What to know if you’re buying

Decide on the component first — tower or loft — because they offer very different living experiences at different price points within the same building. The advantages of buying a new condominium apply throughout: flexible financing, no board interview, and the customary acceptance of pied-à-terre, trust, and LLC purchases. The amenity package is a real value driver and a differentiator at resale. Diligence centers on the offering plan, common-charge and tax projections, the sponsor's warranty, and the specific home's component, floor, and exposure. We help buyers read the plan, weigh tower against loft, and benchmark the pricing.

What to know if you’re selling

A resale trades on the building's distinctive offering: a choice of tower or loft living, an amenity package anchored by an indoor pool and a private park, and a top-of-market position on the Lower East Side. The marketing job is to present the specific home — its component, light, and views — and to lean on the shared amenities and the scarcity of comparable new product. The comparison set is the newest Lower East Side condominiums, and condominium closing mechanics keep the path predictable for the flexibility-minded buyer this building attracts.

Comparable buildings

If you're considering 222 East Broadway, also evaluate these Lower East Side condominiums:

The Roebling Team at 222 LES Tower + Lofts

The Roebling Team at Compass specializes in new-construction downtown condominiums — the Lower East Side and the surrounding corridors — where value turns on the specific home, the amenity program, and where the pricing sits against the newest inventory. We publish this profile because buyers and sellers at 222 East Broadway deserve building-specific intelligence: the architecture, the ownership structure, the amenities, and the market context. A 30-minute consultation is the right starting point.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com