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54 East 1st Street 1BNew York, NY 10003

For Sale

$570,000

Smart Buyer Rebate $1,750

Rare East Village Open Loft w/ Garden

This home can easily be flexed to a 1 Bedroom- See renderings.

Modern design with exposed brick and white wooden floors throughout. Airy. Bright. Silent. Nearly 12' high ceilings. W/D in unit. Plenty of storage throughout maximizing the ceiling height including a large extra space above hallway. A contemporary kitchen features an Italian cook top, microwave & convection oven, spacious cabinetry and glass tiles. Bathroom with deep bathtub, large mirrors, plenty glass shelves. Towards the back of the apartment a 10 feet folding glass door leads to a garden shared only with apartment next door. Extra light comes into the apartment by 2 giant glass block windows-5 in total creating a feeling of openness. This home also has sound-proofing. Pin drop quiet. Private. Very unique and rare.

This pied-à-terre has been lovingly cared for and maintained by the same owner for the past 35 years. The open-plan concept can easily be reconverted back to its original one-bedroom layout. The possibilities for personalizing your own home are endless.

This coop is well-run, financially sound with low maintenance, a favorable sublet policy, pets are allowed. Co-purchasing, Gifting, Guarantors are considered on a case-by-case basis. The building has been most recently updated with a brand new roof, new video intercom, and a new boiler recently installed.??Located on the tree lined block between 1st and 2nd Avenues, with a Citi-Bike docking station across the street, this place offers quick access to public transportation, with subway and bus stations on both corners. Right in front, a park with a squash court. Three supermarkets within walking distance. All the restaurants, bars and clubs that the East Village is famous for!

Listed by Hillel Chanan Fried

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License #10301213249

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Compass

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(929) 444-5554

Last updated September 06, 2025

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Source: REBNY #RLS20044744

Listing Facts

  • TypeCo-op
  • NeighborhoodBowery
  • Days on Prevu11
  • HOA/Maint. Fees$905/month

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/28/2025
Listed by Compass
$570,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $570,000 and a 20% 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 54 East 1st Street 1B

Association

Amenities

  • Pets Allowed: Building Yes

Fees

  • Association Fee: $905.00 Monthly

Exterior

Construction

  • Number Of Units Total: 24
  • Property Condition: Excellent
  • Stories Total: 6
  • Year Built: 1910
  • Entry Level: 1

Measurements

  • Lot Size Dimensions: 20
  • Lot Size Units: SquareFeet

Interior

Features

  • Interior Features: High Ceilings

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: East Village
  • Tax Block: 00443
  • Tax Lot: 0050

Utilities

Equipment

  • Has Cooling: Yes

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.