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Condominium
256 East 4th Street
256 East 4th Street, New York, NY 10009
Buildings·East Village·Condominium

256 East 4th Street

256 East 4th Street, New York, NY 10009

East Village

BBL 1003860014 · BIN 1004615

CorridorEast Village
At a glance
Type
Condominium
Landmark
No
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A Private Pricing Opinion — what your apartment at 256 East 4th 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.

As seen inThe Wall Street Journal★ 92 reviews on Google

256 East 4th Street is a six-story, 60-foot condominium of six homes on East 4th Street between Avenues B and C. It replaces the Iglesia Bautista Emmanuel church; city records still carry the site as a three-story church building on a 2,382-square-foot lot, because the tax record has not caught up with the new building. The Department of Buildings filings are for a new building with existing elements to remain, so part of the old structure survives inside the new one.

Published asks run from $1,195,000 for a 673-square-foot one-bedroom to $5,500,000 for a 2,605-square-foot triplex penthouse, or about $1,776 to $2,111 per square foot. Four of the six homes are shown in contract or pending. The building is for buyers who want new construction in a building of six homes in Alphabet City; no shared amenities have been published.

Architecture and residences

StudiosC Architecture designed the building and is the applicant on the 2026 Department of Buildings filings. Published construction reporting describes about 9,000 square feet in a full red-brick facade with a sculptural bond pattern around a grid of recessed windows, a wood-paneled entrance, planters built into the windowsills, a cellar and a 30-foot rear yard. The same reporting counted four condominium units averaging 2,250 square feet. The Department of Buildings filings and every listing record show six, so the four-unit figure looks like an earlier scheme.

The mix runs from one to three bedrooms: three one-bedrooms of 673 to 727 square feet, a three-bedroom garden duplex with about 730 square feet of private yard (the listing describes a hot tub and outdoor kitchen), a three-bedroom of about 1,463 square feet in Residence 5, and a three-bedroom triplex penthouse. Floor plans and finish specifications are in the sponsor's materials; confirm them against the plan.

Offering and pricing

Per the offering plan filed with the New York State Attorney General (plan CD250310), the plan was submitted September 22, 2025, accepted March 16, 2026 and declared effective June 2, 2026, by notice once two of the six residences (33%) were in contract. The plan names 256 East 4th Development LLC as sponsor and covers six residential units, which settles the four-unit figure in earlier reporting. The total offering price was $15,150,000 at acceptance. Amendment 1, accepted June 12, 2026, raised it by $215,000 to $15,365,000 and filed a new Schedule A with revised floor plans and combined units. The record reports two units sold.

Asking prices in listing records, seen between May and October 2026:

  • Residence 2 — one-bedroom, 673 sq ft, $1,195,000 ($1,776/sq ft), under contract
  • Residence 3 — one-bedroom, 727 sq ft, $1,295,000 ($1,781/sq ft), in contract
  • Residence 4 — one-bedroom, 673 sq ft, $1,225,000 ($1,820/sq ft)
  • Residence 5 — three-bedroom, about 1,463 sq ft, $2,800,000 ($1,914/sq ft), in contract
  • Garden residence — three-bedroom duplex, 1,813 sq ft plus yard, $3,350,000 ($1,848/sq ft), sponsor unit, still marketed in October 2026
  • Penthouse — three-bedroom triplex, 2,605 sq ft, $5,500,000 ($2,111/sq ft), pending

The six asks total $15,365,000, matching the plan's current offering price, for about 7,954 square feet, a blended $1,932 per square foot. Listing records show monthly common charges of $329 for Residence 2 and $1,286 for the penthouse; real estate taxes are not yet assessed on individual units. These are asks, not contract or closing prices, and statuses change quickly in a building this small. We found no recorded sponsor closings as of October 2026, and city tax records do not yet show individual condominium lots.

Local Law 97

Compliance status
Below the individual-building threshold

This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.

See full Local Law 97 analysis →

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
Nov 21, 2024—$2,950,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00386-0014; 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.

For owners

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What to know if you’re buying

Confirm the plan. Ask sponsor counsel for the accepted offering plan and every amendment, and confirm the file number against the Attorney General record. Schedule A sets the price, common charge and tax estimate for each unit.

Deposit and contract. New-development contracts typically require a deposit of 10% at signing, held in escrow, with some sponsors asking for 20%. The plan states this building's terms.

Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%, or 0.65% at $3 million or more) and the New York City real property transfer tax (1% at $500,000 or less and 1.425% above for a residential unit), plus the state "mansion tax" of 1% at $1 million, rising in tiers to 3.9% at $25 million in New York City. On the $2.8 million three-bedroom that is about $51,100 in transfer taxes before any gross-up and $35,000 in mansion tax at the 1.25% tier for $2 million to $3 million. Use the calculators below to run your price.

A six-unit condominium. With six owners, each vote, each assessment and each vacancy carries more weight than in a larger building. Common charges are low because there is no staff. Ask how the plan's budget covers the elevator, the roof, the planters and the yard.

Closing on a temporary certificate of occupancy. A sponsor can close on units while the building holds a temporary certificate of occupancy, renewed periodically until a final one issues. Ask what the sponsor holds back until then.

Carrying costs and abatement. No tax abatement has been disclosed. Confirm the first-year tax projection in the plan.

Sponsor board control. The sponsor controls the board until enough units are sold to turn control over to owners. The declaration and by-laws set the threshold.

Comparable buildings

If you're considering 256 East 4th Street, also look at these East Village condominiums:

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The neighborhood

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

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.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com