Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
50 E 1ST Street #3
Interested in this property?
Active For Rent Co-op

$3,450/mo

50 E 1ST Street #3

East Village, Manhattan

50 EAST 1 STREET

MLS® #RLS20082393

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

Studio

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1910
Ownership Co-op
Neighborhood East Village
Floor 1 of 5

Property Highlights

  • Exposure: North facing
  • Style: WalkUp architecture
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 5
Exposure North
Pets Yes
Year Built 1910
Architectural Style WalkUp
Furnished Unfurnished
Basement Other
Parcel # 0443-0052-00050-000-0000003
Block/Lot 00443/0052

Listing History

Event Date Price Change
Listed Apr 8, 2026 $3,450 -
Currently May 1, 2026 $3,450 -

Description

Move in ready, modern parlor-floor alcove studio located on a vibrant East Village block, directly across from the Second Avenue F train. The apartment features high ceilings, north-facing living space, exposed brick, and walnut hardwood floors, blending classic character with modern upgrades.

The newly updated kitchen is outfitted with all Bosch appliances, including a dishwasher, microwave, and refrigerator, plus a garbage disposal and LG washer/dryer for ultimate convenience.

The building offers a shared garden, bike storage, and allows co-purchasing and pied-à-terre ownership. Subletting is permitted after two years with annual board approval, adding long-term flexibility. Low maintenance: $500/month.

Apartment Features

Newly updated kitchen with all Bosch appliances

LG washer/dryer in unit

High ceilings

Walnut hardwood floors

Exposed brick

North-facing living area

Building Features

Common garden

Bike storage

Pets allowed (case-by-case)

Board approval required

Transportation & Lifestyle

F train (Second Ave) directly across the street

6 / F / M / B / D trains within 5 minutes

Equinox 5 minutes away

Surrounded by top restaurants, cafés, and nightlife

Easy access to LES, SoHo, and Bowery

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

None

Appliances

Washer Dryer Allowed

Building Information

Rental Details

Available

4/8/2026

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$3,450

Security Deposit

$3,450

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$288
Est. nightly rate
65%
Avg. occupancy
$5,616
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

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 cooperatives, historic low-rise walk-ups, and a growing selection of modern boutique condominiums that offer luxury amenities in Downtown Manhattan.

East Village Live Market Data

View Neighborhood

Active Listings

109

Median Asking Price

$1.29M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

13

Price Reduced

24%

Sold (30 Days)

3

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 5/1/26, 12:00 PM EST

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Location

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50 E 1ST Street #3, East Village, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $183,900
Land Value: $28,920
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,728 SF
Building Area: 2,088 SF
Built FAR: 1.21
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: casa by case,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or [email protected].

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20082393
First Listed: 4/8/2026
On Market: 4/8/2026
Price Changed: 4/8/2026
Contract Date: 4/8/2026

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - Christopher Brent Seberhagen

Listing Contact: (212) 710-1900

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 4:00 PM UTC

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