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111 Third Ave

111 Third Ave

111 Third Ave
Condominium Building
New York, NY 10003-5518
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

155 Units
17 Stories
1964 Year Built
$1.4M Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • East Village Community School Rated A-
  • Basketball Court
  • Rooftop Deck
  • City View
  • 5 min walk to Stuyvesant Square

A mid-century gem in the heart of the East Village

111 3rd Avenue, completed in 1964, stands as a 17-story high-rise at the vibrant intersection of East Village, Union Square, and Gramercy Park. This full-service condop building houses 155 units, offering a range of living spaces from cozy studios to spacious three-bedroom apartments. The building's simple, utilitarian design features a grid of windows and a predominantly white facade, blending seamlessly into the eclectic neighborhood streetscape. As a former commercial structure known as the International Tailoring Company Building, 111 3rd Avenue has been thoughtfully converted into residential lofts, preserving its industrial heritage while providing modern comforts for its residents.

Versatile layouts with contemporary finishes

111 3rd Avenue offers a diverse array of floor plans to suit various lifestyles. Studios range from 475 to 600 square feet, providing efficient living spaces with clever storage solutions and, in some cases, sleeping alcoves that can be easily converted into separate bedrooms. One-bedroom units span 550 to 750 square feet and are priced between $685,000 and $1,000,000, featuring open-concept living areas and renovated kitchens with stainless steel appliances and granite countertops. Two-bedroom apartments, ranging from 1,000 to 1,300 square feet, offer ample space for families or those seeking a home office. These units typically rent for around $5,000 per month and may include up to two bathrooms. The largest offerings are the three-bedroom units, measuring 1,200 to 1,300 square feet with two bathrooms, commanding rents of approximately $8,500 per month. Many apartments boast hardwood floors, large windows providing abundant natural light, and city views. Some units feature exposed brick walls, adding character to the living spaces. Kitchens in renovated units often include dishwashers, gas ranges, and ample cabinet space. Bathrooms have been updated with modern fixtures, marble tiles, and glass-enclosed showers or soaking tubs. Select apartments offer unique features such as custom built-ins, barn doors, and in-unit washer/dryers. Corner units are particularly desirable, with some offering panoramic views of the Manhattan skyline, including landmarks like the Empire State Building and the Williamsburg Bridge.

Elevated living with thoughtful amenities

111 3rd Avenue provides a comprehensive suite of amenities designed to enhance residents' daily lives. The crown jewel is the beautifully landscaped roof deck, offering 360-degree views of the city skyline and featuring a bocce court for leisurely recreation. This space serves as a perfect retreat for morning yoga, quiet meditation, or evening relaxation. The building's newly redesigned courtyard includes a half-court basketball area and a BBQ grill, ideal for outdoor gatherings and casual sports. A full-time doorman staffs the recently renovated lobby, ensuring security and convenience for residents and their guests. The live-in superintendent attends to building maintenance and resident needs promptly. Additional amenities include laundry facilities, a bike storage room, and a package room for secure deliveries. The building is pet-friendly, accommodating to the needs of animal-loving residents. 111 3rd Avenue embraces modern living with its flexible policies, allowing pied-à-terre ownership and unlimited subletting after the first year of residency. The building also permits co-purchasing and parents buying for children on a case-by-case basis, making it an attractive option for various living situations.

A vibrant tapestry of culture and convenience

The East Village, home to 111 3rd Avenue, is a dynamic neighborhood that seamlessly blends its countercultural roots with modern urban living. This area, known for its eclectic mix of residents, diverse dining options, and vibrant nightlife, offers an unparalleled New York City experience. Culinary enthusiasts will find themselves in a gastronomic paradise. The neighborhood boasts an array of dining options, from upscale establishments to beloved local haunts. Notable eateries include Momofuku and its sister bakery Milk Bar, known for innovative Asian-fusion cuisine and creative desserts. The area also hosts a variety of international cuisines, including Ukrainian pierogies at Veselka, Spanish tapas at Casa Mono, and authentic Japanese ramen at Ippudo. Shopping options abound, with a mix of trendy boutiques, vintage shops, and major retailers. The iconic Strand Bookstore, housing 18 miles of books, is a bibliophile's dream just a few blocks away. For everyday necessities, residents have easy access to Trader Joe's, Whole Foods, and the soon-to-open Wegmans at Astor Place. The Union Square Greenmarket, operating four days a week, offers fresh, locally-sourced produce and artisanal goods. Entertainment and cultural venues are plentiful in the area. Webster Hall, a historic concert venue, hosts a variety of musical acts. For movie enthusiasts, the Angelika Film Center and Village East Cinema offer a mix of mainstream and independent films. Green spaces provide a respite from the urban hustle. Tompkins Square Park, a neighborhood staple, offers basketball courts, playgrounds, and hosts various community events. Union Square Park, just a short walk away, features its own array of amenities and serves as a popular gathering spot. The neighborhood's proximity to New York University (NYU) infuses the area with a youthful, academic energy, contributing to the diverse and dynamic atmosphere that defines the East Village.

Unparalleled connectivity in the heart of Manhattan

111 3rd Avenue boasts an exceptional location for transportation, offering residents seamless access to various parts of New York City and beyond. The building's prime position at the convergence of the East Village, Union Square, and Gramercy Park provides multiple public transit options within easy walking distance. The 3rd Avenue-14th Street station, served by the L train, is mere steps from the building's entrance, offering quick access to Brooklyn and crosstown Manhattan. Just a short five-minute walk away, the 14th Street-Union Square station serves as a major transit hub, with access to the 4, 5, 6, L, N, Q, and R trains. This station provides direct routes to Midtown, the Financial District, and Brooklyn, making commutes and city exploration effortless. For those preferring to travel above ground, several bus routes operate in the vicinity, offering additional flexibility for navigating the city. Cyclists will appreciate the neighborhood's bike-friendly infrastructure, with numerous bike lanes and Citi Bike stations nearby. The building's bike room offers secure storage for residents' personal bicycles. For those traveling beyond the city, three major airports are within reach. LaGuardia Airport is approximately a 20-minute drive, while Newark Liberty International and John F. Kennedy International airports are about 25 and 30 minutes away by car, respectively. The FDR Drive, accessible within minutes, provides a quick route up and down Manhattan's east side, as well as connections to major bridges and tunnels for travel to other boroughs and beyond. The neighborhood's high walk score means that many daily errands and activities can be accomplished on foot, reducing the need for transportation for many residents. This combination of walkability and excellent public transit options makes 111 3rd Avenue an ideal location for those seeking convenient city living without the need for a personal vehicle.

Available Condos

Building Details

Recreation

  • Basketball Court
  • Community Basketball Court

Outdoor Features

  • Community Barbecue Grill
  • Courtyard

Amenities

  • City Views
  • Doorman
  • Rooftop Deck
  • Theater or Screening Room
  • Laundry Facilities
  • Bike Room
  • Resident Manager or Management On Site
  • Controlled Access

Condo Association

  • $1,467 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,172 - $1,801

Building Design

  • Co-Op
  • High-Rise Condominium
  • Elevator

Activity

Views

45

Unit Information

Unit
8K
PHK
Beds
--
--
Baths
1 Bath
1 Bath
Sq Ft
550
0
Price
$695,000
$675,000
Price / Sq Ft
$1,264 / Sq Ft
--
List Date
03/05/2025
05/29/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$1,433,872
1 Bedroom Units
Sq Ft Range
550 - 700
Est. Values
None Available

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Biker's Paradise

Bike Score®

96 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

57 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

See Area Agents

Property Taxes

Range in Assessed Values
$312K - $3.5M
Range of Taxes in Building
$33,064 - $368,061
Range of Taxes per Sq Ft
$34.90 - $53.33

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Property Management
Gould Investors LP
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.