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for saleRealtyLens property overview
$1,999,000

407 E 12th St Apt 1RSE

Manhattan, NY, 10009
View more Manhattan, NY property pages
2Beds
2.5Baths
1,383Sqft
$1445$/sqft

Comps

Listing Notes

Beautiful East Village Duplex with Private Garden Step into this stunning 1, 383 sq. ft. south-facing duplex featuring 2 bedrooms, 2.5 bathrooms, and a private garden, located in an intimate 27-unit boutique condominium in Manhattan's East Village. Apartment 1RSE is one of the building's most exceptional homes, offering a seamless blend of modern renovation and loft-like design. Overlooking the quiet, open courtyard, the residence is flooded with natural light throughout the day. On the main level, you'll find a spacious living room and dining area, complemented by an open chef's kitchen with a Miele dishwasher, professional-grade Thor gas range, and convection oven. A striking sunroom extends off the living space, creating a treehouse-like retreat with direct access and views to the lush private garden. The upper floor features a primary suite with ensuite bathroom, a well-proportioned second bedroom, and a stylish guest bath. The unit also has a half bath on the first floor. A newly installed, fully vented washer and dryer add to the convenience. Generous closet space and thoughtful storage solutions are found throughout the home. Building Highlights Boutique condo with only 27 units Landscaped roof deck On-site superintendent & package area Pet-friendly Flexible ownership options, including parental purchasing, foreign buyers, and pied- -terre Perfectly situated at 407 East 12th Street, this residence offers the best of downtown living just moments from Union Square, Tompkins Square Park, Trader Joe's, and the East Village's celebrated restaurants, bars, and boutiques.

Market Insights

Below nearby median-21%

$1445/sqft vs a nearby median of $1821/sqft.

Nearby median$1821/sqft
Nearby properties8
Property size1,383 sqft
  • -21% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,383 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.68M$2.44M$2.92M · 50% confidence
vs ask $2.00M−$683k (−34.2%)

Asking price is about 34.2% below the fair value — likely to draw competing offers if it's still on market.

$1,821/sqft median across 6 tight comps × 1,383 sqft= $2.52M
  • Transit access+$101k +4.0%
  • Pre-war character+$63k +2.5%
Cumulative NYC adjustments+$164k+6.5%

Property Read

FreshnessCurrent market data

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

Market Position-21% 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 Read4 items 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
49 days
Last price change
No change recorded
Listed
Mar 24, 2026
Photos
15 photos
Property type
condos
Status
for sale
Last sold
Dec 28, 2018 · $1,986,075

Features & Amenities

ElevatorOutdoor SpaceWasher DryerTwo Or More StoriesRental PropertyEnsuiteViewsChefs KitchenDen

Photos

Building Facts

Year built
1900
Stories
5
Total units
27
Residential units
27
Building area
26,408 sqft
Lot size
8,490 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,999,000for 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.