What Are the Oldest Condo Buildings in the Lower East Side of Manhattan?

List & Photos of Oldest Condo Buildings in the Lower East Side: https://www.hauseit.com/oldest-condo-buildings-lower-east-side/
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The oldest condo building in the Lower East Side of Manhattan dates back to 1872. Most condo developments in LES today are new construction buildings, and condo conversions are increasingly rare. There are many other historic, pre-war apartment buildings in the Lower East Side, however the vast majority of them are rental buildings, single or multifamily homes or co-op buildings.

In today’s video we will introduce you to some of the oldest condo buildings in the Lower East Side. I’m Nick at Hauseit. In case you’re not already familiar with Hauseit, we are New York City’s largest reduced commission platform for buyers and sellers. Check out our website https://www.hauseit.com to learn how to save up to 6% when selling and save up to 2% when buying here in New York City. So let’s get started!

215 Bowery

215 Bowery was constructed in 1872 and converted to condos in 1990. It was built as the New Amsterdam Savings Bank, and it subsequently served as the headquarters of Germania Bank from 1878 to 1989 before it moved to its newly-built headquarters at 190 Bowery.

Built on an irregularly narrow corner lot at Rivington Street and The Bowery, 215 Bowery features an Italian Renaissance facade which was carved from sandstone quarried in Ohio in the late 19th Century. Actor Nicholas Braun purchased #5R for $1,910,000 in December 2019.

184 Bowery

184 Bowery was built in 1887 and converted to condos in 1999. It features four, full-floor loft apartments and a ground floor commercial unit. The Renaissance Revival style structure was designed by William Graul and originally used as a commercial space.

Subsequently, the building was converted to a hotel in 1924 and artist lofts in 1969, according to the Bowery Alliance of Neighbors. There have been no resales in over two decades, and residents of the building have lived there for lengths of time ranging from 12 to 38 years.

115 Allen Street

115 Allen Street was built in 1889 and converted to condos in 2005. Floors two through five are keyed-elevator, full floor units, while floors six and seven comprise a duplex penthouse with over 2,000 SqFt of outdoor space. Apartment #3 went into contract in just 12 days in July 2020 asking $2,250,000.

2 Prince Street

2 Prince Street was built in 1900 and converted to condos in 1986. It is a boutique, walk-up building with just 10 apartments. The building sits at the corner of Prince and Bowery, the de-facto border between Nolita and the Lower East Side in the heart of Lower Manhattan. The most recent sale was Apartment #4B which sold for $2,300,000 in December 2016.

195 Bowery

195 Bowery was built in 1900 and converted to condos in 2004. The former gaslight factory was originally five stories, but 11 floors were added during the condo conversion to make for a total of 16 stories with one apartment per floor accessible by keyed elevator. The most recent apartment to change hands was Unit #11 which sold for $2,925,000 in September 2018.

15 Rivington Street

15 Rivington Street was built in 1900 and converted to condos in 2006. It is an intimate building with only 5 apartments in total. The most recent sale was Apartment #4 which sold for $2,765,000 in May 2019. The 2,300 SqFt Penthouse, which features a private roof deck, lap pool and outdoor grill, was listed for rent in 2020 asking $16,000/month.

52 Rivington Street

52 Rivington Street was built in 1900 and converted to condos in 1988. It’s an intimate building with just 5 units, one per floor, and there’s no elevator. While very few apartments have changed hands over the years, Apartment #4 sold for $2,250,000 on 11/28/18.

75 Ludlow Street

75 Ludlow Street was built around 1900 and converted to condos in 2007. The 7 story building contains 13 units and a keyed elevator. The most recent sale was #2C which sold for $1,925,000 in November 2019.

17 Orchard Street
155 Henry Street
345 Grand Street
175 East Broadway
142 Henry Street
18 Orchard Street
60 Orchard Street
165 Henry Street
20 Clinton Street

We hope you enjoyed this video, and if you did, please like, subscribe and leave us a comment. We’d greatly appreciate it. I’m Nick at https://www.hauseit.com, and we’ll seen you on the next video!

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