$995,000
PENDING

Estimated payment $6,223/month

Total Views 2,109
2 Beds
1 Bath
991 Sq Ft
$1,004 Price per Sq Ft

Highlights

  • Community Garden
  • Intercom
  • Laundry Facilities
  • P.S. 110 Florence Nightingale Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Little Flower Playground

About This Home

Motivated Seller!!!-- Bring ALL offers.
Show-Stopping Value Meets Downtown Style at 291 Cherry Street, Unit B1: Gracious 2BR w/ Bridge Views | Best Value Downtown!

Welcome to Unit B1 at 291 Cherry Street — a rare, oversized two-bedroom, one-bathroom condominium in the vibrant Two Bridges neighborhood that offers space, value, and endless potential in one of Manhattan’s most exciting, evolving enclaves.

This ground-floor gem features an expansive layout with a king-sized primary bedroom, a generously sized second bedroom, and an abundance of closet space throughout. The spacious living and dining area easily accommodates entertaining, working from home, or cozy nights in. The kitchen’s practical design offers a perfect canvas for personal customization—ideal for creating your dream home.

With low monthlies, strong financials, and the flexibility only true condo ownership provides, Unit B1 delivers unmatched value in a market where both space and affordability are rare.

Location is everything: Nestled between the Lower East Side and Chinatown, Two Bridges has been called “once quiet, now at the edge of change” by The New York Times. Widely regarded as one of Manhattan’s fastest-changing markets, Two Bridges is experiencing a significant rise in both interest and investment per square foot. You're just moments from the East River Esplanade, Essex Market, and multiple subway lines (F, M, J, Z, B, D, 6), and steps to an ever-expanding roster of cultural and culinary hotspots.

Whether you're upsizing, rightsizing, or simply launching your next chapter in New York, this is the opportunity you’ve been waiting for. Don’t miss your chance to own in one of Manhattan’s emerging hidden gems. Schedule your showing today!

Listing Agent

Jay Pegram

EXP Realty NYC License #10491211814 Listed on: 07/15/2025

EXP Realty NYC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,441

Year Built

  • Built in 1986

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 991 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 7501 / 246

Community Details

Overview

  • Lower East Side Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,441

Year Built

Built in 1986

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Cross Street: Rutgers Slip/Jefferson Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Features: Dining Area
  • Equipment (Other): Intercom
  • Living Area: 991.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 599.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 1986

Tax Info

  • Tax Block: 246
  • Tax Lot: 7501
  • Tax Annual: 4440.72

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,429 $23,632 $1,593 $22,039
2024 $4,429 $23,450 $5,763 $21,735
2023 $4,209 $22,123 $1,797 $20,326
2022 $3,880 $67,670 $5,763 $61,907
2021 $3,841 $67,670 $5,763 $61,907
2020 $3,872 $41,992 $5,763 $36,229
2019 $3,795 $36,519 $5,763 $30,756
2018 $3,461 $18,436 $2,473 $15,963
2017 $3,246 $17,395 $2,431 $14,964
2016 $2,971 $16,411 $2,315 $14,096
2015 $1,760 $16,411 $2,446 $13,965
2014 $1,760 $16,285 $2,840 $13,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $995,000 -- $1,004 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20036969

Real Estate Board of New York (REBNY)

APN: 0246-1002