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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
108 active listings · Median $550K
Calculating market narrative...
A condo-dominant submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings sitting longer than a year ago.
Median asking rent in East Village sits at $5,148/month, matching the 5-year high. Rents are up +15.7% year over year and +90.6% over the past 5 years. Median sale price stands at $550K, 67.6% below the 5-year high recorded in Feb 2024. Sale listings are clearing 41 days slower than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Mar 2026.
The East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its active street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperativ...
Stations: Second Ave (0.49 mi), Delancey St-Essex St (0.64 mi)
Midtown: 17 min (F express from Second Ave)
| School | Grades | Dist |
|---|---|---|
| P.S. 034 Franklin D. Roosevelt | PK-5 | 0.20 mi |
| P.S. 015 Roberto Clemente | PK-5 | 0.25 mi |
| The STAR Academy - P.S.63 | PK-5 | 0.35 mi |
| P.S. 020 Anna Silver | PK-5 | 0.59 mi |
| I.S. 140 Tompkins Square Middle School | 6-8 | 0.61 mi |
| Henry Street School for International Studies | 6-12 | 0.90 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in East Village
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Properties in East Village
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For East Village buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
Over 30% of NYC homebuyers speak a primary language other than English. A bilingual agent can mean the difference between closing and losing a deal.
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The median sale price in East Village is $550K. Condos sit at a median of $1.3M and co-ops at $698K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
No. The median sale price in East Village is currently 67.6% below the 5-year high recorded in February 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in East Village have a median of 77 days on market. That is 41 days slower than the same point a year ago. Roughly 11.9% of active listings have recorded a price cut, suggesting some negotiating room.
East Village is broadly balanced right now, with median days on market at 77 days and 11.9% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
East Village offers both co-ops and condos. Condos are the higher-priced segment at a $1.3M median, with co-ops at $698K.
Roughly 11 homes change hands each month in East Village across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in East Village is $5,148/month. Live RLS listings show studios at $3,450, 1-bedrooms at $4,395, 2-bedrooms at $6,638, 3+ bedrooms at $8,300 per month. Rents are up 15.7% year over year.
Yes. The median asking rent in East Village is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in East Village has risen 90.6% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of East Village, median sale prices range across Gramercy Park at $1.2M, Lower East Side at $983K, Nolita at $35K, Stuyvesant Town/PCV at $0. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
East Village is served by the F, J, M, Z trains. The commute to Midtown Manhattan runs roughly 17 minutes from Second Ave.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like East Village, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in East Village, I will guide you every step of the way.
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