Cooperative · 1991
24 East 7th Street
24 East 7th Street, New York, NY 10003

24 East 7th Street

24 East 7th Street, New York, NY 10003

At a glance
Year built
1991
Type
Cooperative
Units
33
Floors
12
Landmark
No
Amenities
Elevator, video-intercom / virtual-doorman entry, part-time superintendent, central laundry room, common storage, bike room, landscaped seventh-floor terrace with north/west/east views. No full-time doorman, gym, or parking
Financing
Approximately 20% minimum down per building records — verify against current board policy at offer stage

24 East 7th Street is the East Village co-op market at a scale the neighborhood rarely offers: a 1991 elevator building of 33 residences, mid-block on a quiet townhouse street between Second and Third Avenues, steps from Cooper Square and Astor Place. In a neighborhood whose ownership stock is dominated by walk-up tenement co-ops and small HDFC buildings, a modern elevator co-op with a landscaped terrace and in-unit central air is structurally scarce — full-service-adjacent living in a corridor where most buyers trade elevators and outdoor space away.

The format is the thesis. This is a modern-construction co-op, not a pre-war walk-up conversion — meaning elevator access, central air, dishwashers, and hardwood floors as standard, with a video-intercom entry system in place of a staffed lobby and a genuine landscaped terrace on the seventh floor. Buyers get the East Village location and the co-op's lower per-foot pricing relative to a new condo, without giving up the elevator and mechanical systems that walk-up ownership in the neighborhood forces.

For buyers, the pull is location plus a modern building envelope. The address sits within a short walk of the Astor Place and Second Avenue subways, the NYU and Cooper Union orbit, and the whole of the East Village's restaurant and nightlife fabric — with a mid-block position keeping the immediate street quiet.

Architecture and unit composition

The building rises twelve stories of modern mid-block construction — an elevator building with 33 residences plus a ground-floor commercial unit. The apartments run from one-bedrooms of roughly 675 to 700 square feet through two-bedrooms near 1,050 to 1,100 square feet and three-bedrooms from roughly 1,340 to 1,600 square feet, several with private balconies, terraces, or roof-deck access. In-unit finishes include hardwood floors, central air, and dishwashers — the modern-construction standard that separates the building from the neighborhood's pre-war stock. This is a co-op sold the traditional way, on ask and maintenance subject to board approval, and the modern envelope is the differentiator.

Building operations

This is boutique modern-construction co-op ownership: an elevator, a video-intercom / virtual-doorman entry, a part-time superintendent, a central laundry room, bike and common storage, and a landscaped seventh-floor terrace, with the common budget spread across a small owner base and no full-time doorman payroll. Buyers coming from full-service buildings should price the trade consciously — a leaner service model against a modern building envelope. Cooperative governance here is intimate; the financial statements, house rules, and sublet policy should be reviewed carefully during diligence, and we obtain current building documents from the managing agent for clients at offer stage.

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 →

Facade safety — Local Law 11

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

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
On record
$4,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

What to know if you’re buying

This is a co-op, not a condo, despite the tax label. The building trades and is governed as a cooperative — board approval, maintenance, and roughly 20% minimum down apply. Budget the board process into your timeline.

The modern envelope is the differentiator. Elevator, central air, dishwashers, and a landscaped terrace set this apart from the neighborhood's walk-up stock. Weigh the leaner service model — virtual doorman, part-time super — against a full-service building; run the True Monthly Carrying Cost Calculator.

The pet policy is specific. Cats are permitted, dogs are not, per building records — a material screen for some buyers. Confirm with the board at offer stage.

Outdoor space and floor drive the spread. Units with private balconies, terraces, or roof access, and the higher floors, carry the premium. Price to the specific apartment.

Mansion tax applies at the top of the building. Two- and three-bedroom pricing here crosses the $1 million threshold — run the Mansion Tax Calculator at the intended price before offering.

What to know if you’re selling

Market the format scarcity. A modern elevator co-op with central air and a landscaped terrace is rare in the East Village — position against the walk-up co-ops honestly (elevator, systems, outdoor space) and against new condos on price.

Use same-building and adjacent comps together. The active resale ledger anchors pricing; the surrounding East Village co-op and condo stock adjusts it.

Condition and outdoor space separate units. Renovated units and those with private outdoor space command the premium. Present to the specific buyer pool.

Comparable buildings

If you're considering 24 East 7th Street, also evaluate:

  • 115 East 9th Street — larger full-service co-op on the Village–East Village seam; the amenity counterpoint
  • 1 Astor Place — pre-war co-op at Astor Place; the pre-war alternative nearby
  • 21 Astor Place — new-construction condo at Astor Place; the modern-condo alternative
  • 111 Third Avenue — full-service building on the neighborhood's western edge

The Roebling Team at 24 East 7th Street

The Roebling Team at Compass works the East Village and the broader downtown co-op and condo market as a core practice area. We publish this building profile because boutique co-op buyers and sellers deserve building-specific intelligence — governance format, modern-envelope scarcity, and corridor-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 24 East 7th Street, a 30-minute consultation is the right starting point.

The neighborhood

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

Considering a move at 24 East 7th Street?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
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