Construction watch: 183 Avenue B

Three-plus years have passed since we checked in at 183 Avenue B between 11th Street and 12th Street. 

The rendering recently arrived on the plywood for the 8-floor, 12-unit residential building in the works... oh!

Here's more about the project via its website:

The Village Garden Condominium is a stylish bright building, standing out above its neighbors. All units are flooded by natural light. Lower floors provide views of the beautiful historic buildings of the Lower East Side; upper floors afford sweeping views of the neighborhood and Tomkins Square Park.

And...

The two full-floor penthouse units include two terraces, perfect for inviting friends or a romantic evening. The delight of your private outdoor space can be appreciated during the morning sunrise or in the evening with a glass of wine. 

In January 2017, Corcoran listed the property with a $4.75 million ask. The building — with air rights intact — sold for that exact amount in April 2017, per public records. The DOB permit lists Richard Pino via the Tompkins 183 LLC as the owner.

The existing four-story building was later demolished on this lot in early 2020.

Work on the new condoplex remains in the foundation phase. There's a December 2024 completion date listed on the plywood rendering. 

Demolition watch: 183 Avenue B

It appears that the four-story building that was 183 Avenue B has been demolished...



As we reported back in June, there are plans for a new 8-floor residential building here between 11th Street and 12th Street.

According to the permit filed with the city, the building will have 12 residential units with ground-floor retail.

New York Yimby pointed out that the units will "most likely [be] rentals based on the average scope of 689 square feet."

In January 2017, Corcoran listed the property with a $4.75 million ask. The building — with air rights intact — sold for that exact amount in April 2017, per public records. The DOB permit lists Richard Pino via the Tompkins 183 LLC as the owner.

Units in the building had apparently been recently renovated, per the listing at the time ...



... and there was a nice outdoor space out back....

Prepping 183 Avenue B for demolition

Prepwork is underway to demolish 183 Avenue B, the four-story building between 11th Street and 12th Street.

The sidewalk bridge recently arrived ... as well as the warning notices about baiting for rats...



As we reported on June 13, reps for the owner of No. 183 have filed plans for a new 8-floor residential building here.

According to the permit filed with the city, the building will have 12 residential units with ground-floor retail. (The demo permits were filed with the city in April.)

In January 2017, Corcoran listed the property with a $4.75 million ask. The building — with air rights intact — sold for that exact amount in April 2017, per public records. The DOB permit lists Richard Pino via the Tompkins 183 LLC as the owner.

183 Avenue B will be demolished for a new 8-story residential building

Reps for the owner of 183 Avenue B have filed plans for a new 8-floor residential building.

According to the permit filed with the city on Tuesday, the building will have 12 residential units with ground-floor retail.

New York Yimby, who first reported on the filing, note that the units will "most likely [be] rentals based on the average scope of 689 square feet."

First, however, the current four-story building must be demolished. Those demo permits were filed with the city in April.

In January 2017, we reported that Corcoran listed the property with a $4.75 million ask. The building — with air rights intact — sold for that exact amount in April 2017, per public records. The DOB permit lists Richard Pino via the Tompkins 183 LLC as the owner.

As previously reported, there were reports of damage to No. 183 in early 2013 during the never-ending construction next door at what became the luxury rentals known as The Hub.


[EVG photo from June 2014]

183 Avenue B, with potential to double in size, is for sale

The building between 11th Street and 12th Street just arrived on the market.

Here's the listing via Corcoran:

Acquire a classic East Village, mixed-use building, with unbelievably low taxes of $4029 annually. The building features six income producing studio apartments over a vacant retail store ready for immediate occupancy, a large garden, and substantial build-able air rights. The residential portion is fully occupied, providing income from day one, with all tenants on one-year 'free-market' leases.

The retail component is in the heart of the East Village and a short walk from densely populated Stuyvesant town. For a user it's exceptional — the store will be delivered vacant, allowing for immediate operation. 183 Avenue B has the potential to be almost doubled in size with 3400 SF of additional build-able air rights and no landmark restrictions, making it an ideal live/work opportunity. Gut renovated four years ago, this is a clean, solid investment asset, with room to grow.

The asking price: $4.750 million.

Several years back, there were reports of damage to No. 183 during the never-ending construction next door of the luxury rentals known as The Hub.