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122 1st Ave #B, New York, NY, 10009

8beds
8baths
6,137sqft
$5,500,000
$896price/sqft
$33,442/moest. monthly cost
$1,337,680/yrincome needed

About This Home

PRIME East Village first avenue Of tremendous value and potential this building has : -8 HUGE floor through railroad style apartments that each occupy half of a floor with two entrances per unit. -2 commercial storefronts/ vented restaurant spaces, currently combined with connected basement and backyard -LOT is 24.33ft X 94ft -BUILDING is 24ft X 50ft

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
98
BikeBiker's Paradise

Schools

4/10
S.T.A.R. Academy - PS 63Grades PK-50.2 mi
6/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 6,137
  • Total interior livable area: 6,137 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 $27,810$333,720
Home Insurance *$1,364$16,368
Property Taxes $3,254$39,048
Electricity $1,014$12,170
Total$33,442$401,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,146,582/yr
40% on housing$1,003,260/yr
45% on housing$891,786/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

$896This listing

vs Other Active Listings

Avg $/sqft

ZIP 10009$825
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)

Price History

DateEventPrice
2024-03-04Listed for sale$5,500,000

For Sale by Agent

AgentJames Barrera
BrokerageFIND Real Estate

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