Lower East Side corner condos finally unveiled with asks from $2.45M

The condos at 265 East Houston Street have been in the works for nearly a decade

By Zoe Rosenberg@zoe_rosenberg May 19, 2017, 1:30pm EDT

After seven years in the works, the new condo building at 265 East Houston Street has finally dropped a few of its apartments onto the market. The ten-story building’s been a long time in the making: The Suffolk Street corner site was previously occupied by a two-story pentecostal church whose demolition in 2010 destabilized the neighboring building, displacing a neighborhood daycare (but no matter, that building’s gone now too and is giving rise to—you guessed it—more apartments).

The site laid dormant for three years after the incident, with construction fencing and a first rendering of the condo-to-be appearing in 2014. Fast forward to 2017, and developer Central Construction Management has finished the building. Three of its seven apartments are now on the market with MNS, each of which are two-bedroom, two-bathroom spreads asking $2.45 million, $2.46 million, and $2.55 million (h/t BuzzBuzzHome). A three-bedroom duplex has yet to hit the market.

At their current asking prices, the apartments are averaging a price per square foot of $1,776. Three blocks to the west, Ben Shaoul’s similarly new condo at 196 Orchard Street is averaging a price per square foot of $2,300.

The apartments are accessed by way of a private keyed elevator and come with Italian Carrera marble kitchens and master bathrooms, white oak floors, and Watermark Designs hardware in the kitchens and bathrooms. The apartment’s come with a 421-a tax abatement. A first look inside the building, below.