126 1st Avenue, New York, NY 10009
East Village, Downtown Manhattan, Manhattan
5 Stories
11 Units
Built in 1920
Welcome to 126 1st Avenue, a building located in East Village, Downtown Manhattan, Manhattan in New York, NY.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1920.
Though it was most recently altered (aka renovated) in 1998.
From what we gather, there are a total 11 residential units.
Finally, 126 1st Avenue was most recently sold on Oct 30, 1997 for $830,000.
The market value for the land that the building sits on has been listed at $195,000.
In addition, improvements upon the building have an added value of $3,143,000.
In total, the total market value of the property as a whole is $3,338,000.
According to local assessors, the total value of the building is currently valued at $1,742,400.
Specifically, the value of the land that the property sits on has been assessed at $87,750.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
1998
Building Condition
unknown
Construction Type
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Residential Unit Count
11
Residential Building Floor Area
6,800
Commercial Building Floor Area
2,160
Retail Building Floor Area
2,160
Building
Property Class
Commercial
Standard Land Use Code
Retail/residential (mixed use)
County Land Use Code
unknown
Sanborn Map Number
102 020
Ownership
Current Owner's Name
126 FIRST AVENUE LLC
Neighborhood
Sanitation District Borough
1
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610032001001
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning Commercial Overlay 1
C1-5
Geography
Account Number
1-00435-0006
Borough Block Lot
1004350006
Mailing Carrier Code
C025
Mailing Full Street Address
98 CUTTERMILL RD STE 390
Mailing Street
CUTTERMILL
Mailing 4-Digit Zip Code
3008
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-02-08 19:35:29
More About The Building
In total, the building area is listed as 8,960 square feet.
To break it down, the depth of the building was measured at 90 square feet and the front is listed as 24 square feet.
In comparison, the lot area is listed as 2,433 square feet.
The depth of the property lot was measured at 100 square feet and the front at 24 square feet.
The building itself has 8,960 square footage of total floor area.
Out of that, 6,800 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 126 1st Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the East Village area have a median price of $4,495.
Those in the 25th percentile, have a price around $3,598.
While those in the 75th percentile, have a price around $5,400.
Typically, the buildings in this area have a median sqft of 800.
That means that the median price per sqft is around $7.
In other words, the price per sqft for buildings in the 25th percentile is $6.
While the price per sqft for buildings in the 75th percentile is $7.
As a breakdown, we've included the following stats:
- There are currently a total of 127 studio listings.
The median price for these types of listings is $2,995.
That's $7.48 price per sqft.
- There are currently a total of 318 one bedroom listings.
The median price for these types of listings is $3,795.
That's $6.57 price per sqft.
- There are currently a total of 461 two bedroom listings.
The median price for these types of listings is $4,495.
That's $6.47 price per sqft.
- There are currently a total of 170 three bedroom listings.
The median price for these types of listings is $5,495.
That's $5.79 price per sqft.
- There are currently a total of 19 four bedroom listings.
The median price for these types of listings is $7,446.
That's $6.32 price per sqft.
About The Area
126 1st Avenue is located in New York County, New York.
There are 1,634,989 people living here.
There are 753,385 households.
Most of these households have an average family size of 3.09 people.
According to the census, 77% are currently renting while 23% own their homes.
The median age of this population is around 36.7 years old.
On average, most folks in the county are unmarried.
About 40% of folks speak a language other than English in this area.
The area's employment rate is currently around 62.9%.
Speaking of employment, the median income is $75,513.
Most folks will commute by public transportation for around 31.4 minutes.
Finally, we know that 13% of residents in the area have graduated with their high school degree.
Additionally, 32% and 29% have their Bachelor's and Master's degree, respectfully.
Moving on to the urban area level.
New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people.
Based on census records, there are 6,707,347 registered households.
Families in this area are on average made up of 3.42 people per household.
Most folks are unmarried.
They are also typically around 37.8 years old.
Does diversity matter to you? Right now, 40% of folks speak a language other than English here.
About 50% rent while 50% purchased their homes.
Right now, the community is made up of 25% of residents who have graduated with at least a high school degree.
On top of that, 22% have a Bachelor's degree and 16% have a Master's degree.
The employment rate is currently around 59.7%.
Those employed, have a median income of $68,319.
$2,995
Studio Median Rent
PUBLIC TRANSIT
1 Av
(0.32 mi - 8 min walk)
MTA New York City Transit
Astor Pl
(0.36 mi - 8 min walk)
MTA New York City Transit
2 Av
(0.36 mi - 8 min walk)
MTA New York City Transit
3 Av
(0.39 mi - 9 min walk)
MTA New York City Transit
8 St-NYU
(0.44 mi - 10 min walk)
MTA New York City Transit
Nearby Schools
(within attendance boundary)
185 1st Ave, New York, NY 10003
Public
•
Elementary
•
Grades PK to 5
New York City Geographic District # 1
600 E 6th St, New York, NY 10009
Public
•
Middle School
•
Grades 6 to 8
New York City Geographic District # 1
105 E 106th St, New York, NY 10029
Public
•
High School
•
Grades 6 to 12
New York City Geographic District # 4
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.
