Conquest New York
Research Memo · Manhattan

East Village.

Entry-level FAANG + post-MBA, prizes nightlife + park walk, mostly 1BR co-ops + small condos

Generated ·By Conquest · Denza·Cohort: 93 active · median $1.3M · $1,626 PSF·⤓ Download PDF
Sources

Where this memo's data comes from.

We cross-check every claim against multiple authoritative sources before generating the essay. If a source disagrees or is missing, we say so.

Cotality · REBNY RLS (active inventory)as of Jun 29, 2026
Active
93
Asking · median
$1.3M
PSF
$1,626
DOM
74d
Cotality active feed in our pipeline does not currently include closed-sale rows; sold-side metrics are sourced from ACRIS.
Sold · 12mo
94
Sold · median
$1.9M
Trust rules applied to this memo
  • Only one closed-sale source (acris) is available. Cite the source by name when referencing sold-side numbers.
§1 · Underwriting Snapshot
Active Inventory
93
listings on market
Active · Median
$1.3M
all bedroom counts
Median PSF
$1,626
$/sqft · live cohort
Median DOM
74d
days on market
Sold · 12mo (ACRIS)
94
closed deeds, ≥$50K
Sold · Median (ACRIS)
$1.9M
ground truth · NYC.gov
§2 · The Read

The cohort, in plain terms.

East Village posted 93 active listings at a median ask of $1,335,000 and $1,626 per square foot, with a median days-on-market of 74. That DOM figure sits meaningfully above the sub-60-day pace typical of Nolita and the Lower East Side proper, signaling that sellers are absorbing real time-on-market friction before transacting. The active pool includes six loft listings and six new-construction units — together roughly 13% of current supply — which tend to anchor the upper end of the asking range and skew aggregate PSF upward. The spread between that $1,335,000 median ask and the closed-side figure is the more consequential data point: ACRIS records 94 deeds in the trailing 12 months at a $1,862,500 median closed price, a gap of roughly $527,000 above the current active median. That divergence reflects composition more than negotiating dynamics — the active inventory at any snapshot moment captures units that have not yet cleared, while ACRIS closings capture what buyers actually paid for units that did, a cohort that skews toward larger and better-positioned product.

Within that closed universe, ACRIS records show meaningful stratification by building. 425 East 13th Street logged three closings at a $2,970,000 median, the highest in the dataset, while 242 Broome Street recorded three closings at $2,250,000. Both sit well above the neighborhood's closed median, consistent with the premium attached to larger floorplates or gut-renovated product in this submarket. At the opposite end, 199 Bowery and 143 Avenue B posted medians of $917,500 and $860,000 respectively across a combined ten ACRIS-verified closings, illustrating the roughly 3.5-to-1 price range that exists within a single ZIP code. Compared to the West Village, where active PSF regularly clears $2,000 and median closed prices exceed $2.5 million across a broader transaction base, East Village represents a lower absolute entry point with wider internal dispersion. Relative to Alphabet City immediately to the east, the active inventory here is deeper and more liquid on a per-listing basis, though the 74-day DOM confirms that pricing discipline remains the primary determinant of execution speed.

§3 · Loft + New Construction

The two cohorts you actually came for.

Active loft conversions

Pre-1930 envelope · ≥1,200 sqft · condo or condop

  • 209 E 2ND Street · 6
    2BR · 1,238 sqft · 1906 · PSF $1,494
    $1.9M
  • 115 4th Avenue · 4E
    1BR · 1,236 sqft · 1905 · PSF $1,416
    $1.8M
New construction

Built 2020+ or sponsor sale

  • 533 E 12th Street · 7B
    1BR · 602 sqft · 2021 · PSF $1,993
    $1.2M
  • 75 1ST Avenue · 6C
    1BR · 609 sqft · 2021 · PSF $2,118
    $1.3M
  • 256 E 4th Street · GARDEN
    3BR · 1,813 sqft · 2026 · PSF $1,848
    $3.4M
§4 · Building Leaderboard

Per-building liquidity, side-by-side.

Asking-side data from the active Cotality (REBNY RLS) feed. Closing-side data from ACRIS deeds (NYC.gov), last 12 months, ≥ $50,000 consideration only — gifts and intra-family transfers excluded. Median throughout; the high/low pair is the actual range across all units in that building.

BuildingActive asksAsking range (low · median · high)Closings · 12moClosing range (low · median · high)Liquidity
01
330 Grand Street
9
$1.0M·$1.1M·$1.7M
No current inventory
02
199 Bowery
6
$670K·$918K·$1.5M
No current inventory
03
143 Avenue B
4
$634K·$860K·$1.1M
No current inventory
04
328 Grand Street
3
$1.3M·$1.4M·$1.4M
Insufficient data
05
242 Broome Street
3
$2.2M·$2.3M·$2.5M
Insufficient data
06
425 East 13Th Street
3
$1.6M·$3.0M·$3.0M
Insufficient data
07
199 Chrystie Street
2
$2.3M·$2.3M·$2.3M
Insufficient data
08
250 East Houston Street
2
$112.3M·$112.3M·$112.3M
Insufficient data
09
215 Avenue B
2
$625K·$963K·$1.3M
Insufficient data
10
75 First Avenue
2
$1.2M·$1.6M·$2.0M
Insufficient data
Asking range: low / median / high of list_price across all currently-active listings in the building (Cotality REBNY RLS). Median, never average — resistant to a single high-end outlier.
Closing range: low / median / high of document_amt from ACRIS recorded deeds at this building’s tax block + lot, last 365 days. Excludes deeds < $50,000 — gifts, intra-family transfers, nominal $1 deeds.
Liquidity: ACRIS closings ÷ active asks. ≥ 2× = Liquid · 1-2× = Active comps · 0.25-1× = Thin trading · < 0.25× = No recent sales. Sold-out buildings (≥4 closings, 0 active) get “No current inventory”.
Discount-to-ask: median ACRIS closing price ÷ median active asking price − 1, computed only when both numbers are present at the building level.
Distribution strip plot: each teal dot = one ACRIS closing in the last 12 months. Brass vertical line = median active asking price. If the line sits to the right of the cluster, asking is above where deals actually clear; inside the cluster = at-market; left of the cluster = ask is below recent prints.
§5 · Buyer Memo

If I were representing a buyer here today.

Senior-broker memo, not investment advice. Compliance: we are a brokerage; this is tactical posture, not a recommendation.

East Village — Buyer Tactical Memo

East Village is a 93-unit active market with median ask at $1,335,000 ($1,626/PSF) and inventory aging to 74 days — meaningful softness on the ask side that creates room to work.

1. Stale inventory targets: No single building dominates current active listings, but with median DOM at 74 days, press your search for anything listed 90d+ on East 13th Street corridor, Avenue B, and the Grand Street pocket — those sellers have already absorbed carrying cost and market noise.

2. New-construction/sponsor tours: Six active new-construction listings are live now — prioritize touring those immediately; sponsor deals move on pace, not on negotiation, and early positioning matters.

3. Off-market angle — 330 Grand Street: Nine ACRIS-verified closings at median $1,150,000 with zero current active inventory; a cold approach to owners here targets a liquid cohort with demonstrated willingness to transact.

ACRIS shows a 12-month sold median of $1,862,500 against a $1,335,000 ask median — negotiate from the ask side hard; aging days are your leverage.

§6 · Commute decoded

Time-on-the-clock, not distance-on-a-map.

Wall Street
Transit
15m
Walking
35m
Hudson Yards
Transit
18m
Walking
40m
Bryant Park
Transit
13m
Walking
30m
§7 · Cohort profile

Who actually buys here.

Median age
35
years
HHI · p50
$162K
median household income
HHI · p75
$285K
75th percentile
Owner-occupier
38%
of unit stock
Top industriesTechCreativeEducation

Cohort indicators sourced from public US Census ACS 5-year + Denza first-party transaction data. Refreshed quarterly.

§8 · Frequently asked

Direct answers, in advance.

What's the median price in East Village?

Across 93 active listings, East Village's median list price is $1.3M at $1,626 per square foot. Median days on market is 74.

What kinds of buildings dominate East Village?

2 active loft listings (pre-1930 envelope, ≥1,200 sqft, condo or condop). 3 new-construction or sponsor-sale listings active. Top building by transaction volume in the past 12 months: 330 Grand Street.

How does East Village compare to neighboring areas?

Our research memo compares the East Village cohort to peer neighborhoods on PSF, building age, and active inventory. Read the §2 essay for the side-by-side. Tap any of the comparable-neighborhoods cards below to read the corresponding memo.

Can I work with a Denza broker for East Village?

Yes. Conquest is an active New York real estate brokerage; our AI handles initial discovery and a licensed broker negotiates and closes. AI-only path rebates up to 1.5% of the buyer-side commission at close. Full concierge with broker representation rebates up to 0.75%.

Where does the data come from?

Active listings: REBNY-licensed Cotality (CoreLogic) Trestle MLS feed, refreshed every 6 hours. Cohort indicators: US Census ACS 5-year. Citation-only headlines: Miller Samuel public Elliman reports. None of this redistributes raw MLS rows; we publish only neighborhood-level aggregates and per-listing pages with full attribution to the listing brokerage of record.

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