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78 Ridge St APT 1F, New York, NY, 10002

2beds
2baths
1,973sqft
$1,250,000
$634price/sqft
$7,761/moest. monthly cost
$310,440/yrincome needed

About This Home

INCREDIBLE SPACE AND VALUE This oversized duplex two bedroom** CONDOMINIUM offers an enormous 1,973 square feet of total living space at just over $700 per square foot! The home was recently repainted and flooring freshly finished. Upstairs features kitchen, dining, living room, bedroom and full bathroom with 10'6" ceilings. Downstairs is a massive recreational space suited for a second bedroom or artist's studio, music room, home office, gym, or media room and features a half bath. Few homes in Manhattan offer this kind of square footage at this price point. Located at The River Ridge, a boutique condominium on the Lower East Side, the building offers video security and central laundry. Set between Rivington and Delancey, you're in very close proximity to Essex Crossing and surrounded by incredible dining, culture, and nightlife, with public transport moments away. **Please note the rooms currently configured and/or marketed as bedrooms in this apartment do not meet the legal requirements for bedrooms under applicable New York City building and housing codes. Legally a one bedroom unit with recreation room.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
97
BikeBiker's Paradise

Schools

4/10
Ps 140 Nathan StrausGrades PK-80.1 mi
4/10
Ps 142 Amalia CastroGrades PK-50.1 mi

Construction

Condition

  • Year built: 2008

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,973
  • Total interior livable area: 1,973 sqft

Property

Details

  • Parcel number: 003431006
  • 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 WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Strong Wind
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 $6,320$75,840
Home Insurance *$376$4,512
Property Taxes $739$8,868
Electricity $326$3,912
Total$7,761$93,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$266,091/yr
40% on housing$232,830/yr
45% on housing$206,960/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

$634This listing

vs Other Active Listings

Avg $/sqft

ZIP 10002$1,114
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10002$675
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
2026-04-29Listed for sale$1,385,000
2022-04-23Listing removed--
2022-04-06Price change$4,975
2022-02-28Listed for rent$5,465
2021-02-06Listing removed--
2021-02-01Listed for rent$3,995
2020-12-13Listing removed$4,000
2020-11-24Price change$4,000
2020-11-06Listed for rent$4,500

For Sale by Agent

AgentJoshua Doyle
BrokerageCompass

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