RealtyLens
for saleRealtyLens property overview
$850,000

123 3rd Ave Apt 5D

Manhattan, NY, 10003
View more Manhattan, NY property pages
1Beds
1Baths
536Sqft
$1586$/sqft

Listing Notes

-Condo -Investor friendly -Washer/dryer in unit Residence 5D at the premier, full-service 123 Third Condominium is a sophisticated one-bedroom, one-bathroom home perfectly positioned at the crossroads of Union Square, Greenwich Village, Gramercy, and the East Village. Thoughtfully designed with modern finishes and an ideal layout, this elevated residence offers a rare blend of comfort, style, and convenience in one of downtown Manhattan's most vibrant neighborhoods. With extra-tall ceilings and expansive wall-to-wall, triple-pane, sound-insulated picture windows, the home is filled with beautiful natural light while maintaining exceptional tranquility. Wide-plank flooring runs throughout, and the open-concept living and dining area provides ample space for entertaining, relaxing, or working from home. The sleek chef's kitchen features custom Poliform Italy lacquered cabinetry, white Caesarstone countertops, Dornbracht fixtures, disposal, and a full suite of seamlessly integrated Miele appliances, including a vented hood. Clean lines, abundant storage, and premium craftsmanship make this kitchen as functional as it is elegant. The bedroom is bright and serene, offering generous closet space and a peaceful retreat from city life. The spa-like bathroom is clad in floor-to-ceiling honed Carrara marble and appointed with a quartz vanity, Duravit soaking tub with bench and shower, backlit medicine cabinet, and polished chrome Dornbracht fixtures. Additional highlights include an in-unit LG washer/dryer, multi-zone central air and heat, and smart climate control via Nest thermostat. 123 Third Avenue is a boutique, LEED-certified condominium offering only one to four residences per floor and an exceptional suite of amenities. Residents enjoy 24-hour doorman service, two elevators, cold storage, a windowed fitness center, and a multimedia lounge that opens onto a beautifully landscaped furnished courtyard complete with a Viking grill and outdoor screening area available for private gatherings. Just outside your door are Trader Joe's, Whole Foods, Westside Market, Union Square Greenmarket, acclaimed restaurants, neighborhood parks, and effortless transportation via the 4, 5, 6, N, Q, R, and L subway linesall within moments.

Market Insights

Above nearby median+29%

$1586/sqft vs a nearby median of $1232/sqft.

Nearby median$1232/sqft
Nearby properties12
Property size536 sqft
  • +29% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 536 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$717k$660k$774k · 61% confidence
vs ask $850k+$133k (+15.6%)

Asking price is about 15.6% above where comps + adjustments land — there is room to negotiate.

$1,257/sqft median across 4 tight comps × 536 sqft= $673k
  • Transit access+$27k +4.0%
  • High-density walkability+$13k +2.0%
  • Modern construction+$10k +1.5%
  • Virtually staged−$7k −1.0%
Cumulative NYC adjustments+$44k+6.5%

Property Read

FreshnessCurrent market data

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

Market Position+29% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

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
15 days
Last price change
No change recorded
Listed
Apr 27, 2026
Photos
13 photos
Property type
condos
Status
for sale
Last sold
Jun 9, 2011 · $605,858

Features & Amenities

DoormanElevatorGymSecurity FeaturesDishwasherNew ConstructionRecreation FacilitiesWasher DryerElevatorChefs KitchenOpen ConceptDenSpa Like EnsuiteSpa Like BathroomSoaking TubPark

Photos

Building Facts

Year built
2009
Stories
17
Total units
48
Residential units
47
Building area
1.10 ac
Lot size
4,426 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$850,000for 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.