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121 E 7th St, New York, NY, 10009

5beds
5baths
7,492sqft
$3,595,000
$480price/sqft
$22,434/moest. monthly cost
$897,360/yrincome needed

About This Home

PRIME EAST VILLAGE PROPERTY W/ APPROVED PLANS Invest in one of the most exciting NYC neighborhoods the East Village. This property is perfect for a single family conversion, or a 8-10 unit condo or rental conversion. We are selling the property with approved plans for a multi family with 8 units. This is situated on the perfect block with close access to Astor Place, NYU, The new Wegmans and so much more that this amazing neighborhood offers. Please email for a set up and the approved plans. ADDRESS: 121 EAST 7TH STREET NY NY 10009 BLOCK #: 435 LOT #: 42 TOTAL ZONING LOT:22'-0" x 97'-6" = 2,145.00 S.F. ZONE: R8B TOTAL PROPOSED FLOOR AREA: Approx 10,000 sq. feet OCCUPANCY CLASS: R-2 CONSTRUCTION CLASS: II-B JOB DESCRIPTION: PROPOSED 1.5-STORY ENLARGEMENT W/ CELLAR MIX-USE BUILDING

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
99
BikeBiker's Paradise

Schools

3/10
S.T.A.R. Academy - PS 63Grades PK-50.2 mi
6/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Interior Area

  • Total structure area: 7,492
  • Total interior livable area: 7,492 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,178$218,136
Home Insurance *$891$10,692
Property Taxes $2,127$25,524
Electricity $1,238$14,857
Total$22,434$269,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$769,165/yr
40% on housing$673,020/yr
45% on housing$598,240/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$480This listing

vs Other Active Listings

Avg $/sqft

ZIP 10009$837
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10009$908
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-11Price change$3,595,000
2026-05-26Listed for sale$3,950,000
2026-05-13Listing removed$4,250,000
2026-01-05Price change$3,750,000
2025-11-19Listed for sale$3,995,000
2014-06-20Listing removed$3,300
2013-10-03Listed for rent$3,300

For Sale by Agent

AgentAnte Jakic
BrokerageCompass

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