The Avant (531 East 12th Street)
531 East 12th Street, New York, NY 10009
BBL 1004067504 · BIN 1088213
- Year built
- 2009
- Type
- Condominium
- Units
- 26
- Floors
- 8
- Pets
- Pets permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Virtual doorman
Every recorded sale at this building, 2021–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $1,525
- floor-adjusted, 3 sales
- Listing discount
- 0.4%
- Recorded sales
- 29
- On record
- 2021–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Avant 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.
The Avant at 531 East 12th Street is one of the few full-service-feeling boutique condominiums in the deep East Village, on the quiet residential block between Avenue A and Avenue B. The neighborhood is overwhelmingly walk-up tenement stock and rentals; an eight-story, 26-unit elevator condominium with a fitness center, a furnished roof deck, a resident lounge, a bike room, and a virtual-doorman lobby is genuinely uncommon here. For buyers who want the amenity package and flexibility of a new-construction condo without leaving the East Village, The Avant is one of a short list of options.
The building delivers a turn-key, design-forward product — white-oak floors, custom Italian cabinetry with brass hardware, full porcelain baths, central air, and in-unit washer/dryers — with many apartments carrying private balconies or terraces. Compare those finishes and the amenity roster with specific older cooperative and condominium alternatives.
In the database, The Avant is the boutique amenity condominium of the East Village — a 2009 building that, since opening as for-sale product, has a resale history to assess from dated transfers and current competing listings.
Architecture and unit composition
The 26 residences occupy eight floors. The mix runs from studios and one-bedrooms to two-bedroom homes, with many apartments featuring private outdoor space — balconies and terraces that are a meaningful amenity in a low-rise neighborhood. Interiors are the building's signature: white-oak flooring, custom Italian kitchen cabinetry with quartz counters and stone backsplashes, floor-to-ceiling porcelain bathrooms, central air conditioning, and in-unit laundry across the building.
The furnished landscaped roof deck is the social centerpiece, with open East Village skyline exposure above the surrounding low rooflines. Upper-floor apartments gain light and outlook that the dense neighborhood otherwise limits.
Building operations
The Avant runs a hybrid service model suited to a boutique building: a part-time attended lobby backed by a virtual-doorman video-intercom system, plus an elevator, a fitness center, a resident lounge, a bike room, and purchasable private storage. Confirm coverage hours, current common charges and reserve needs; the hybrid staffing model alone does not establish lower total costs than 24-hour staffed alternatives.
As a 2009 building, the construction and systems are mature, and the condominium has an established operating record. Buyers should review the current financial statements, the reserve fund, any assessment history, and the storage arrangement (storage is typically purchased separately). As a condominium, there is no co-op board admission; purchases run through the condominium's application and right-of-first-refusal process. Confirm financing, pied-à-terre and leasing rules in the current declaration, bylaws and house rules.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant | Refundable Non-refundable |
| Sales Application Processing Fee | Paid by Buyer | When With the application | Amount $1,500 | Refundable Non-refundable |
Rental or lease
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $100 per applicant | Refundable Non-refundable |
| Lease Processing Fee | Paid by Tenant | When With the application | Amount $700 | Refundable Non-refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $250 | Refundable Non-refundable |
Alteration
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Fee | Paid by Resident | When With the application | Amount $500 for minor alteration and $1000 for major alterations (requiring a permit) | Refundable Non-refundable |
| Application Processing Fee | Paid by Resident | When With the application | Amount $250 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $670 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.75 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Virtual doormanSource: The Roebling Team's building profile
- Attended lobby
- YesSource: The Roebling Team's building profile
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, roof deck, bike storage, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $14,630/yr
- Per unit / month range
- $0 – $47
- Modeled exposure split equally across 26 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring prompt corrective action. The owner must install any public protection the inspector specifies (a sidewalk shed, construction fence or structural netting, depending on the condition) and make the repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Use documented apartment areas for $/sf comparisons at The Avant, alongside total prices, layouts and monthly costs. Compare studios and two-bedrooms separately, with adjustments for floor, actual exposure, outdoor space and condition. A neighborhood ranking requires a dated matched transaction sample.
Assess The Avant using dated matched sales, adjusting for outdoor space, floor, exposure, condition and monthly costs before assigning any premium. Identify the dates and sample of matched transactions before judging the strength of apartment-level pricing evidence.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Oct 17, 2024 | 2A | 2 BR · 2 BA · 1,141 sf | $1,595,000 | $1,398/sf | -3.3% |
| Aug 6, 2024 | 5A | 2 BR · 2 BA · 955 sf | $1,445,000 | $1,513/sf | -12.2% |
| Jan 30, 2024 | 5B | 2 BR · 2 BA · 1,034 sf | $1,810,000 | $1,750/sf | -3.7% |
| Dec 28, 2023 | 4ASponsor Sale | 1 BR · 1 BA · 637 sf | $1,050,000 | $1,648/sf | -9.1% |
| Apr 28, 2023 | PHASponsor Sale | 2 BR · 2 BA · 935 sf | $2,000,000 | $2,139/sf | -7.0% |
| Aug 26, 2022 | PHBSponsor Sale | 2 BR · 2 BA · 958 sf | $2,550,000 | $2,662/sf | +0.0% |
| Aug 26, 2022 | PH2Sponsor Sale | 2 BR · 2 BA · 958 sf | $2,150,000 | $2,244/sf | -15.7% |
| Aug 15, 2022 | PHB | 958 sf | $2,150,000 | $2,244/sf | — |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,525/sf (floor-adjusted) across 3 sales. The building has traded as recently as 2026. Median listing discount 0.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-00406-7504; 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.
Closed rents at The Avant, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 2 | $5,497 |
3 closed leases, October 2023 to September 2026. Most recent lease April 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Avant and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with The Avant and its market
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What to know if you’re buying
Condominium ownership plus amenities is the headline. There is no co-op board admission, purchases run through the condominium's application and right-of-first-refusal process, and the amenity package is fuller than almost anything else in the immediate area. Confirm financing, pied-à-terre and subletting rules in the current declaration, bylaws and house rules.
Pay for outdoor space and floor. Private balconies and terraces, upper floors, and roof-deck-adjacent exposures carry the premium. Confirm the specific unit's outdoor space and light in person.
Diligence the boutique financials. Review reserves, any assessment history, and the storage arrangement (often a separate purchase). The operating record is established.
Know the location. East 12th between Avenue A and B is quiet, residential, deep East Village — a walk to the L at First Avenue and the East Village's full restaurant and nightlife scene.
What to know if you’re selling
Lead with the product. Turn-key contemporary finishes, the amenity roster, and private outdoor space are the marketing story in a neighborhood of older stock.
Stage the outdoor space and the roof deck. They are the differentiators that justify the premium.
Price against dated matched sales. To assess any difference from neighborhood condominium pricing, anchor to recent in-building closings adjusted for floor, outdoor space, and condition.
Comparable buildings
If you're considering The Avant, also evaluate:
- 438 East 12th Street — boutique East Village condominium on the same street
- 214 East 14th Street — East Village condominium nearby
- 240 East 10th Street — boutique East Village ownership building
- 311 East 11th Street — small East Village condominium peer
- 1 Avenue B — the 23-unit One Avenue B condominium
- 196 Orchard — full-service downtown condominium with amenities
More East Village buildings
- 511 East 11th Street — 1999 condominium
- 518 East 11th Street — 1900 co-op
- 525 East 11th Street (The Fillmore) — new-construction condominium
- 533 East 13th Street — 1900 co-op
- 536 East 13th Street — 2016 condominium
- 544–546 East 11th Street — 1928 co-op
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.
Considering a move at The Avant?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com