75 First Avenue (Serhant LLC)
For further proof that a New York City residential project should never be counted out, look to 75 First Avenue. Plans for a new residential tower on the site were first proposed in 2004, but construction didn’t commence until 2016. From there, construction stalled between a dispute with the original construction manager, a change of architects, and the pandemic. However, construction of the eight-story building appears to be nearing completion, and listings have returned to the market.
Current availabilities start at $995K for one-bedrooms and $1.995 million for two-bedrooms. The building's average price of $1,844 per square foot is well above the local average of $1,381 per square foot and serves as a testament to the desire to live in the East Village – CityRealty listings show only 78 units for sale in the neighborhood, and nearly half the building’s units entered contract in less than two months when sales initially launched in 2017.
In this article:
Cantilever detail
When developer Colonnade Group first announced the project, they named HTO Architects as the designer. However, revised permits listed Fischer + Makooi Architects as the designers of record. The building took shape with the help of development rights from a neighboring Rite Aid that allowed for greater square footage and a small cantilever over the drugstore. While the building is smaller than originally planned in response to activists calling for a height limit in the area, it is nevertheless much taller than its nearest neighbors. The glass and metal facade also stands in stark contrast to the brick buildings on either side.
75 First Avenue is well situated near Tompkins Square Park, the Houston Street Whole Foods, and East Village mainstays and new Lower East Side hot spots alike. Local transportation options include the Second Avenue F, the Astor Place 6, the First Avenue L, and a choice of bus lines.
75 First Avenue is well situated near Tompkins Square Park, the Houston Street Whole Foods, and East Village mainstays and new Lower East Side hot spots alike. Local transportation options include the Second Avenue F, the Astor Place 6, the First Avenue L, and a choice of bus lines.
↓ All units feature interiors by Stefan Pasquarelli, floor-to-ceiling windows, wide plank cashmere oak floors, and in-unit Miele washer/dryers.
↓ Kitchens come outfitted with white and beige matte lacquered cabinetry, white Carrara marble countertops, and Miele appliances.
↓ All bedrooms feature custom walk-in closets.
↓ Primary baths have walk-in showers, Nubledo Raw marble walls, and Piasentina flame-finished stone floors.
↓ Select units have private terraces.
↓ Penthouse units offer roof terraces and top-of-the-line finishes.
↓ Residents arrive through a glass entrance door to a welcoming attended lobby.
↓ A residents' lounge features a yellow travertine fireplace, wet bar, dining area, and big-screen TV.
↓ A fitness center comes with state-of-the-art cardio and strength equipment.
↓ A landscaped roof terrace looks out on stunning city views.
Would you like to tour any of these properties?
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
