What is the rent for a studio at 197 EAST 3 STREET, Manhattan, NY, 10009?

Based on recent listing data, rent for a studio at 197 EAST 3 STREET, Manhattan, NY, 10009 ranges from $2,500 to $3,525 per month, with a median of $3,012.

What is the rent for a 1-bedroom at 197 EAST 3 STREET, Manhattan, NY, 10009?

Based on recent listing data, rent for a 1-bedroom at 197 EAST 3 STREET, Manhattan, NY, 10009 is approximately $3,800 per month.

How does rent at 197 EAST 3 STREET, Manhattan, NY, 10009 compare to the neighborhood?

Compared to other buildings in the 10009 zip code: studio rents are about 14% below the neighborhood median; 1-bedroom rents are about 10% below the neighborhood median.

Is 197 EAST 3 STREET, Manhattan, NY, 10009 rent stabilized?

Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 is rent stabilized with 16 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 197 EAST 3 STREET, Manhattan, NY, 10009?

Based on historical listing data, January tends to be the most affordable month to sign a lease at 197 EAST 3 STREET, Manhattan, NY, 10009, while May is typically the most expensive. Timing your move to January could save approximately 9% compared to peak pricing.

Who is the landlord of 197 EAST 3 STREET, Manhattan, NY, 10009?

The registered owner of 197 EAST 3 STREET, Manhattan, NY, 10009 is NPE3 LLC. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 197 EAST 3 STREET, Manhattan, NY, 10009 a good landlord?

197 EAST 3 STREET, Manhattan, NY, 10009, owned by NPE3 LLC, has an overall grade of A (4.0/5) on Lucid Rents. The building has 1 recorded violation. Tenants have left 1 review. Check tenant reviews for firsthand experiences.

What is the building rating for 197 EAST 3 STREET, Manhattan, NY, 10009?

197 EAST 3 STREET, Manhattan, NY, 10009 has an overall grade of A with a score of 4.0 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 197 EAST 3 STREET, Manhattan, NY, 10009?

Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 has 1 housing violation and 66 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

Has 197 EAST 3 STREET, Manhattan, NY, 10009 had any Department of Buildings violations?

Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 has 9 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.

What amenities does 197 EAST 3 STREET, Manhattan, NY, 10009 have?

197 EAST 3 STREET, Manhattan, NY, 10009 offers 7 amenities including Fios Available, Central Air, Dishwasher, Hardwood Floors, View, Rent Stabilized, Good Cause. View the full amenity list on the building page.

Does 197 EAST 3 STREET, Manhattan, NY, 10009 have laundry facilities?

Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 offers laundry amenities: Dishwasher.

What schools are near 197 EAST 3 STREET, Manhattan, NY, 10009?

There are 10 schools near 197 EAST 3 STREET, Manhattan, NY, 10009, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. 064 Robert Simon (2 min walk), P.s. 020 Anna Silver (4 min walk), School For Global Leaders (5 min walk), Lower East Side Preparatory High School (5 min walk), Manhattan Charter School (7 min walk), and more.

What public transit is near 197 EAST 3 STREET, Manhattan, NY, 10009?

197 EAST 3 STREET, Manhattan, NY, 10009 has 4 transit options nearby. The closest include: bus: COLUMBIA ST/RIVINGTON ST (M14D-SBS, M21), 0.40 mi away.

Is 197 EAST 3 STREET, Manhattan, NY, 10009 safe? What is the crime rate nearby?

The 10009 zip code where 197 EAST 3 STREET, Manhattan, NY, 10009 is located had 2,095 crime incidents in the past 2 years, including 148 violent crimes, 838 property crimes, and 1,109 quality-of-life incidents. Check the neighborhood report card for 10009 for full details.

When was 197 EAST 3 STREET, Manhattan, NY, 10009 built and how many units does it have?

197 EAST 3 STREET, Manhattan, NY, 10009 was built in 1900, has 5 floors, contains 17 total units, 16 of which are residential.

What do tenants say about living at 197 EAST 3 STREET, Manhattan, NY, 10009?

197 EAST 3 STREET, Manhattan, NY, 10009 has 1 tenant review with an average rating of 4.0 out of 5. 0 out of 1 reviewers would recommend this building.

197 EAST 3 STREET — Rent Intelligence for East Village, NYC

East Village · Manhattan, NY, 10009

Built 19005 floors17 unitsBBL 1003990039

Current rent range

$2,500 – $3,800 / mo

2 bedroom bands tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★4.01 reviews

Verified reviewsNLOwned byNPE3 LLC3 bldgs

197 EAST 3 STREET

Manhattan, NY, 10009

197 EAST 3 STREET is a prewar 1900 building, 5 floors, 17 units in East Village, NYC. Owned by NPE3 LLC. Public records show 10 open violations, 66 311 complaints on file. Rent stabilization on file covers 16 units (registered 2024). Lucid Rents has 1 verified tenant review on this building.

HPD violations1last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews14.0 ★ avg

Rent-stab units17DHCR records

Building age126 ybuilt 1900

311 complaints66last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · February 2026

Studio

$3,012/mo

9 listings

1 BR

$3,800/mo

8 listings

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

January

Most expensive

May

JFMAMJJASOND

Potential savings: ~9% by timing your move to January.

Rent vs. area median Manhattan

Studio

This building: $2,500 – $3,525

14% belowArea: $3,495

1 BR

This building: $3,800 – $3,800

10% belowArea: $4,200

2 BR

This building: — – —

—Area: $5,000

3 BR

This building: — – —

—Area: $7,895

4 BR

This building: — – —

—Area: $8,995

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

Studio9 listings

$3,012

$2,995 – $4,000

1 Bed8 listings

$3,800

$3,995 – $5,039

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

East Village

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,163

current quarter

Effective rent

—

per bedroom only

YoY change

4.3%

asking, vs 1 yr ago

10-year change

33%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

234 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

brownfields, industrial zones, sanitation

Block-level

3705

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

1 total

Pest Infestation
1

311Top Complaints

66 total

Blocked Driveway
28
Noise - Street/Sidewalk
11
Noise - Commercial
10
Request Large Bulky Item Collection
8
UNSANITARY CONDITION
2

DOBTop Filings

9 total

DOB Violations
9

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class AVIOLATION DISMISSEDFeb 15, 2022
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.

See all 1 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.0 /5

★ ★ ★ ★ ★

1 reviews

5★

4★

100%

3★

2★

1★

Pros: Charming building in a great street Cons: I saw two mice in my unit and the previous tenant had also seen two other ones Advice to landlord: Handle the mouse situation with greater urgency

positiveFeb 2021

Anonymous

View all 1 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

7 amenities

LAUNDRY

Dishwasher

OTHER

Fios Available
Central Air
Hardwood Floors
View
Rent Stabilized
Good Cause

04 / 09

Building amenities.

05 / 10

The landlord.

NPE3 LLC

Portfolio of 3 buildingsOWNER: FREDRIC LEOPOLDMail: 1159 2ND AVENUE, New York, NY, 10065

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

4.1

avg score / 5

A-

portfolio grade

nearby owned

Their Other Buildings

Top 1 by score · of 3 total

See all 3 →

A-197 E 3rd StManhattan8.2 / 10

Ownership timeline · this building

ACRIS deeds and regulatory filings

1900Building constructed17 units · 5 floors
nowNPE3 LLCOwner of record per HPD registration · manages 3 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

10009 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 10009

Violent148

Property838

Quality-of-life1,109

Total incidents2,095

07 / 10

About this area.

East Village · 10009

197 EAST 3 STREET · Manhattan · 40.723° N, -73.983° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby8 min

7 schools nearby2 min

Nearby Transit

BUS

COLUMBIA ST/RIVINGTON STM14D-SBSM21
0.4 mi8 min
DELANCEY ST/ESSEX STB106T432
0.4 mi8 min
DELANCEY ST/ESSEX STB39
0.4 mi8 min
ESSEX ST/DELANCEY STL92M9M14A-SBS
0.4 mi9 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

P.s. 064 Robert SimonElementary
0.1 mi2 min
P.s. 020 Anna SilverElementary
0.2 mi4 min
School For Global LeadersMiddle School
0.2 mi5 min
Lower East Side Preparatory High SchoolHigh School
0.2 mi5 min

CHARTER SCHOOLS

Manhattan Charter SchoolElementary
0.3 mi7 min
Manhattan Charter SchoolElementary
0.3 mi7 min
Manhattan Charter School IiElementary
0.7 mi14 min

PRIVATE SCHOOLS

Connelly Ctr Education/holy Child MsElementary
0.0 mi1 min
New Amsterdam SchoolElementary
0.1 mi1 min
Keswell SchoolElementary
0.3 mi5 min

The neighborhood

East Village

Alphabet City — Avenues A through D — is the East Village's grittier, more residential sibling. Community gardens dot the blocks, Tompkins Square Park anchors the social scene, and the Dominican and Puerto Rican roots run deep alongside newer craft cocktail spots.

3,621buildings tracked4.2avg LucidIQ$4,200median 1BR

58,418population$83kmedian income90%renters

Community GardensDiverseGrittyNightlifeArtsy

Explore East Village

Neighborhood overview

East Village→

Vibe · top buildings · landlords · schools · transit

Crime in 10009

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in East Village

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Gramercy Park· 0.67 mi Lower East Side· 0.69 mi Midtown East· 0.72 mi Tribeca· 0.74 mi SoHo· 0.85 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1900

Floors5

Total units17

Rent-stab units17

ClassC7

BBL1003990039

19001910192019301940195019601970198019902000201020202030

1900

Building constructed

17 units · 5 floors · class C7

2024

Rent stabilization on file

16 stabilized units registered.

now

Current owner: NPE3 LLC

Portfolio includes 3 buildings.

Recent Activity

20 events

311MEDIUMMar 9, 2026
Noise - Commercial — Loud Music/Party
311MEDIUMOct 4, 2025
UNSANITARY CONDITION — PESTS
311MEDIUMOct 3, 2025
Graffiti
311MEDIUMSep 29, 2025
UNSANITARY CONDITION — PESTS
311MEDIUMSep 16, 2025
Graffiti
311MEDIUMMay 7, 2025
Blocked Driveway — Partial Access
311MEDIUMApr 4, 2025
Blocked Driveway — Partial Access
311MEDIUMApr 1, 2025
Blocked Driveway — Partial Access
311MEDIUMMar 31, 2025
Blocked Driveway — Partial Access
311MEDIUMJan 14, 2025
Blocked Driveway — Partial Access

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 197 EAST 3 STREET, Manhattan, NY, 10009?
Based on recent listing data, rent for a studio at 197 EAST 3 STREET, Manhattan, NY, 10009 ranges from $2,500 to $3,525 per month, with a median of $3,012.
What is the rent for a 1-bedroom at 197 EAST 3 STREET, Manhattan, NY, 10009?
Based on recent listing data, rent for a 1-bedroom at 197 EAST 3 STREET, Manhattan, NY, 10009 is approximately $3,800 per month.
How does rent at 197 EAST 3 STREET, Manhattan, NY, 10009 compare to the neighborhood?
Compared to other buildings in the 10009 zip code: studio rents are about 14% below the neighborhood median; 1-bedroom rents are about 10% below the neighborhood median.
Is 197 EAST 3 STREET, Manhattan, NY, 10009 rent stabilized?
Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 is rent stabilized with 16 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 197 EAST 3 STREET, Manhattan, NY, 10009?
Based on historical listing data, January tends to be the most affordable month to sign a lease at 197 EAST 3 STREET, Manhattan, NY, 10009, while May is typically the most expensive. Timing your move to January could save approximately 9% compared to peak pricing.
Who is the landlord of 197 EAST 3 STREET, Manhattan, NY, 10009?
The registered owner of 197 EAST 3 STREET, Manhattan, NY, 10009 is NPE3 LLC. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 197 EAST 3 STREET, Manhattan, NY, 10009 a good landlord?
197 EAST 3 STREET, Manhattan, NY, 10009, owned by NPE3 LLC, has an overall grade of A (4.0/5) on Lucid Rents. The building has 1 recorded violation. Tenants have left 1 review. Check tenant reviews for firsthand experiences.
What is the building rating for 197 EAST 3 STREET, Manhattan, NY, 10009?
197 EAST 3 STREET, Manhattan, NY, 10009 has an overall grade of A with a score of 4.0 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 197 EAST 3 STREET, Manhattan, NY, 10009?
Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 has 1 housing violation and 66 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Has 197 EAST 3 STREET, Manhattan, NY, 10009 had any Department of Buildings violations?
Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 has 9 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
What amenities does 197 EAST 3 STREET, Manhattan, NY, 10009 have?
197 EAST 3 STREET, Manhattan, NY, 10009 offers 7 amenities including Fios Available, Central Air, Dishwasher, Hardwood Floors, View, Rent Stabilized, Good Cause. View the full amenity list on the building page.
Does 197 EAST 3 STREET, Manhattan, NY, 10009 have laundry facilities?
Yes, 197 EAST 3 STREET, Manhattan, NY, 10009 offers laundry amenities: Dishwasher.
What schools are near 197 EAST 3 STREET, Manhattan, NY, 10009?
There are 10 schools near 197 EAST 3 STREET, Manhattan, NY, 10009, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. 064 Robert Simon (2 min walk), P.s. 020 Anna Silver (4 min walk), School For Global Leaders (5 min walk), Lower East Side Preparatory High School (5 min walk), Manhattan Charter School (7 min walk), and more.
What public transit is near 197 EAST 3 STREET, Manhattan, NY, 10009?
197 EAST 3 STREET, Manhattan, NY, 10009 has 4 transit options nearby. The closest include: bus: COLUMBIA ST/RIVINGTON ST (M14D-SBS, M21), 0.40 mi away.
Is 197 EAST 3 STREET, Manhattan, NY, 10009 safe? What is the crime rate nearby?
The 10009 zip code where 197 EAST 3 STREET, Manhattan, NY, 10009 is located had 2,095 crime incidents in the past 2 years, including 148 violent crimes, 838 property crimes, and 1,109 quality-of-life incidents. Check the neighborhood report card for 10009 for full details.
When was 197 EAST 3 STREET, Manhattan, NY, 10009 built and how many units does it have?
197 EAST 3 STREET, Manhattan, NY, 10009 was built in 1900, has 5 floors, contains 17 total units, 16 of which are residential.
What do tenants say about living at 197 EAST 3 STREET, Manhattan, NY, 10009?
197 EAST 3 STREET, Manhattan, NY, 10009 has 1 tenant review with an average rating of 4.0 out of 5. 0 out of 1 reviewers would recommend this building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

09 / 10

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08 / 09

Similar buildings nearby.

Embed this building’s record

Drop this scorecard into a tenant guide, blog post, or wiki. It updates itself as new violations are filed.

<iframe src="https://lucidrents.com/embed/building/33d55cc4-5e4d-45a9-accd-a350c047c4c3" width="100%" height="220" style="border:1px solid #e2e8f0;border-radius:12px" title="197 EAST 3 STREET, Manhattan, NY, 10009 — LucidRents building record" loading="lazy"></iframe>

Building record last updated September 24, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.