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55 Hester St APT 8C, New York, NY, 10002

2beds
2baths
664sqft
$970,000
$1,461price/sqft
$6,014/moest. monthly cost
$240,560/yrincome needed

About This Home

The Light. The View. The Downtown Energy — Welcome to 55 Hester 8C! You walk in. Sunlight floods the space through a wall of windows, thanks to the apartment’s south-facing exposure, framing breathtaking views of Seward Park and the vibrant Lower East Side beyond. This is more than an apartment — it’s a retreat in the heart of the city. An inviting entry foyer leads to a comfortable living and dining area, perfectly sized for both quiet nights in and casual gatherings. The kitchen is equipped with everything you need: stainless steel appliances, including a full-size dishwasher, a gas range, and ample cabinetry for all your essentials. The bedrooms are generously proportioned, each offering abundant storage, plenty of closet space, and large windows with serene city and park exposures. Soundproof, noise-reducing windows provide exceptional peace and quiet, allowing natural light to pour in while keeping the city’s energy comfortably outside. The Building Advantage 55 Hester is an elevator condominium with smart amenities that make daily living easier: - Resident superintendent - Laundry facilities on-site - Video intercom for security - Trash and recycling rooms on every floor A recently upgraded roof deck — the perfect spot to take in the city skyline Nestled in a dynamic downtown neighborhood that feels like a true hidden gem, you’re steps from Essex Market, Trader Joe’s, and an endless mix of cafes, boutiques, and local favorites. Outdoor lovers will appreciate being close to three iconic bridges — Manhattan, Williamsburg, and Brooklyn — plus the East River Greenway for biking, running, or scenic walks. Commuting is simple with multiple subway lines, express buses, and East River Ferries nearby. CitiBike stations and easy access to the FDR make getting around seamless — whether you’re heading downtown, uptown, or across the river. This is your opportunity to own a bright, inviting home with space, views, and unbeatable downtown convenience — all within a well-maintained boutique condo building. Pets allowed! Floor plan is approximate and for illustrative purposes only.

Getting Around

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

Schools

8/10
Ps 42 Benjamin AltmanGrades PK-50.0 mi
5/10
Ms 131Grades 6-80.2 mi
5/10

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 664
  • Total interior livable area: 664 sqft

Property

Details

  • Parcel number: 003101323
  • 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
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hurricane
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 $4,904$58,848
Home Insurance *$291$3,492
Property Taxes $573$6,876
Electricity $246$2,954
Total$6,014$72,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$206,194/yr
40% on housing$180,420/yr
45% on housing$160,373/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

$1,461This listing

vs Other Active Listings

Avg $/sqft

ZIP 10002$1,113
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
2026-04-27Price change$970,000
2026-02-06Listed for sale$999,000
2026-01-06Listing removed$999,000
2025-09-09Listed for sale$999,000
2011-02-14Sold$631,315

For Sale by Agent

AgentNikolay Afanasyev
BrokerageCITY SPHERE

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