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291 Cherry Street B1New York, NY 10002

For Sale

$995,000

Smart Buyer Rebate $12,375

Motivated Seller!!!-- Bring ALL offers.
Show-Stopping Value Meets Downtown Style at 291 Cherry Street, Unit B1: Gracious 2BR w/ Bridge Views | Best Value Downtown!

Welcome to Unit B1 at 291 Cherry Street — a rare, oversized two-bedroom, one-bathroom condominium in the vibrant Two Bridges neighborhood that offers space, value, and endless potential in one of Manhattan’s most exciting, evolving enclaves.

This ground-floor gem features an expansive layout with a king-sized primary bedroom, a generously sized second bedroom, and an abundance of closet space throughout. The spacious living and dining area easily accommodates entertaining, working from home, or cozy nights in. The kitchen’s practical design offers a perfect canvas for personal customization—ideal for creating your dream home.

With low monthlies, strong financials, and the flexibility only true condo ownership provides, Unit B1 delivers unmatched value in a market where both space and affordability are rare.

Location is everything: Nestled between the Lower East Side and Chinatown, Two Bridges has been called “once quiet, now at the edge of change” by The New York Times. Widely regarded as one of Manhattan’s fastest-changing markets, Two Bridges is experiencing a significant rise in both interest and investment per square foot. You're just moments from the East River Esplanade, Essex Market, and multiple subway lines (F, M, J, Z, B, D, 6), and steps to an ever-expanding roster of cultural and culinary hotspots.

Whether you're upsizing, rightsizing, or simply launching your next chapter in New York, this is the opportunity you’ve been waiting for. Don’t miss your chance to own in one of Manhattan’s emerging hidden gems. Schedule your showing today!

Listed by JAY M PEGRAM

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License #10491211814

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EXP Realty NYC

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(917) 755-1414

Last updated September 02, 2025

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Source: REBNY #RLS20036969

Listing Facts

  • TypeCondo
  • NeighborhoodTwo Bridges
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu54
  • HOA/Maint. Fees$599/month
  • Taxes$4,440.72/year
  • Size991 sqft
  • Price per sqft$1,004

Amenities

  • Pets Allowed
  • Pied-A-Terre Allowed

Location

Mortgage Calculator

Listing History

07/15/2025
Listed by EXP Realty NYC
$995,000

Estimated Closing Costs

Total
$31,216
Attorney Fees
$4,000
Title Insurance
$4,478
Bank Attorney
$1,500
Mortgage Recording Tax
$17,238
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $995,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 291 Cherry Street B1

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Fees

  • Association Fee: $599.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Property Condition: Good Condition
  • Stories Total: 3
  • Year Built: 1986
  • Entry Level: 1

Financial

Taxes

  • Tax Annual Amount: $4,440.72

Interior

Features

  • Interior Features: Dining Area

Measurements

  • Living Area: 991
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Lower East Side
  • Tax Block: 246
  • Tax Lot: 7501

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Other Equipment: Intercom

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.