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for saleRealtyLens property overview
$859,000

317 E 111th St Apt 2A

Manhattan, NY, 10029
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2Beds
2Baths
1,110Sqft
$774$/sqft

Listing Notes

Bathed in southern sunshine and spanning an impressive 1, 110 square feet, Apartment 2A at Il Tesoro is the treasure you've been searching for. This pristine, floor-through home offers a rare combination of modern luxury, thoughtful separation of space, and exceptional building value. The heart of the residence is the open kitchen and spacious and sunny living room with ample room for dining and entertaining. The open-concept chef's kitchen is another natural gathering space, with its wide expanse of black granite countertop for food-prep, casual dining, homework, or a glass of wine at the end of the day- whatever the moment calls for. This space is framed by classic subway-tile backsplash, sleek soft-close cabinetry, and a suite of high-end stainless steel appliances, including a brand-new refrigerator, dishwasher, and microwave. Graciously separated from the common areas for maximum privacy, the rear-facing bedrooms offer a quiet retreat. The extra-large primary suite has custom-made closet interiors and a beautiful en-suite bathroom. The second bedroom is also spacious, with generous customized closet setup, and more than enough space for a queen bedroom set. A second bathroom rounds out the living quarters with fresh tiling and a spa-like glass shower. Every detail of the home has been meticulously maintained and upgraded for effortless living, featuring stackable Samsung laundry, two like-new PTAC units for climate control, and Hunter Douglas thermal shades. Apartment 2A also comes with its own private storage at no additional cost. Beyond the front door, Il Tesoro stands as a boutique 21-unit condominium jewel. Residents enjoy access to a newly renovated fitness center equipped with a Peloton bike and rower, as well as a common roof deck with a grill and panoramic views. The building provides modern essentials like a cyber-doorman, video intercom, and bike storage, all while offering significant financial value with a tax abatement that runs through 2036, and heating included in common charges. Located on a quiet block between 1st and 2nd Avenues, you are in the heart of a vibrant community just steps from Jefferson Park's pool and playgrounds, the East River Walk, and Central Park. You will also have your pick of the delicious local restaurants such as La Cocina de Mam, Gaudir, Ricardo Steak House, Cascalote Latin Bistro, Patsy's Pizzeria and many more. With easy access to the 6 train, the M15 Select Bus, and the Q train extension at 96th Street - and 2nd Avenue Subway due to open in 2032 - this home represents the perfect blend of space, light, and neighborhood charm. Call today for a private showing!

Market Insights

Below nearby median-15%

$774/sqft vs a nearby median of $909/sqft.

Nearby median$909/sqft
Nearby properties12
Property size1,110 sqft
  • -15% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,110 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.02M$932k$1.12M · 50% confidence
vs ask $859k−$165k (−19.2%)

Asking price is about 19.2% below the fair value — likely to draw competing offers if it's still on market.

$909/sqft median across 9 tight comps × 1,110 sqft= $1.01M
  • Modern construction+$15k +1.5%
  • Transit access+$5k +0.5%
  • Moderate flood-area edge−$5k −0.5%
Cumulative NYC adjustments+$15k+1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-15% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
11 days
Last price change
No change recorded
Listed
May 1, 2026
Photos
10 photos
Property type
condos
Status
for sale
Last sold
Aug 26, 2014 · $670,000

Features & Amenities

ElevatorGymDishwasherRecreation FacilitiesSwimming PoolModern KitchenOpen KitchenEnsuiteViewsChefs KitchenOpen ConceptPlaygroundDen

Photos

Building Facts

Year built
2008
Stories
7
Total units
21
Residential units
21
Building area
17,600 sqft
Lot size
5,046 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 4, 2026Initial record
$859,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.