What is the rent for a 2-bedroom at 240 1 AVENUE, Manhattan, NY, 10009?

Based on recent listing data, rent for a 2-bedroom at 240 1 AVENUE, Manhattan, NY, 10009 ranges from $4,985 to $7,245 per month, with a median of $6,115.

How does rent at 240 1 AVENUE, Manhattan, NY, 10009 compare to the neighborhood?

Compared to other buildings in the 10009 zip code: 2-bedroom rents are about 22% above the neighborhood median.

Is 240 1 AVENUE, Manhattan, NY, 10009 rent stabilized?

Yes, 240 1 AVENUE, Manhattan, NY, 10009 is rent stabilized with 8768 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 240 1 AVENUE, Manhattan, NY, 10009?

Based on historical listing data, January tends to be the most affordable month to sign a lease at 240 1 AVENUE, 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 240 1 AVENUE, Manhattan, NY, 10009?

The registered owner of 240 1 AVENUE, Manhattan, NY, 10009 is BPP ST OWNER LLC. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 240 1 AVENUE, Manhattan, NY, 10009 a good landlord?

240 1 AVENUE, Manhattan, NY, 10009, owned by BPP ST OWNER LLC, has an overall grade of A (4.3/5) on Lucid Rents. The building has 276 recorded violations. Tenants have left 315 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 240 1 AVENUE, Manhattan, NY, 10009?

240 1 AVENUE, Manhattan, NY, 10009 has an overall grade of A with a score of 4.3 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 240 1 AVENUE, Manhattan, NY, 10009?

Yes, 240 1 AVENUE, Manhattan, NY, 10009 has 276 housing violations and 427 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

Are there eviction filings at 240 1 AVENUE, Manhattan, NY, 10009?

Yes, there are 27 eviction records on file for 240 1 AVENUE, Manhattan, NY, 10009. The most recent was in June 2026. Eviction records are public information sourced from city marshal data.

What amenities does 240 1 AVENUE, Manhattan, NY, 10009 have?

240 1 AVENUE, Manhattan, NY, 10009 offers 17 amenities including Rent Stabilized, Pet Friendly, Has Evictions, Bike Room, Childrens Playroom, Elevator, Fios Available, Gym, and more. View the full amenity list on the building page.

Does 240 1 AVENUE, Manhattan, NY, 10009 allow pets?

240 1 AVENUE, Manhattan, NY, 10009 lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.

Does 240 1 AVENUE, Manhattan, NY, 10009 have laundry facilities?

Yes, 240 1 AVENUE, Manhattan, NY, 10009 offers laundry amenities: Laundry, Dishwasher.

What schools are near 240 1 AVENUE, Manhattan, NY, 10009?

There are 8 schools near 240 1 AVENUE, Manhattan, NY, 10009, including 4 public schools, 1 charter school, 3 private schools. Nearby schools include P.s. M226 (1 min walk), High School For Health Professions And Human Services (1 min walk), Institute For Collaborative Education (1 min walk), Manhattan Comprehensive Night And Day High School (3 min walk), Success Academy Charter School - Union Square (7 min walk), and more.

What public transit is near 240 1 AVENUE, Manhattan, NY, 10009?

240 1 AVENUE, Manhattan, NY, 10009 has 4 transit options nearby. The closest include: bus: E 10 ST/AVENUE A (M8), 0.28 mi away.

Is 240 1 AVENUE, Manhattan, NY, 10009 safe? What is the crime rate nearby?

The 10009 zip code where 240 1 AVENUE, 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 240 1 AVENUE, Manhattan, NY, 10009 built and how many units does it have?

240 1 AVENUE, Manhattan, NY, 10009 was built in 1945, has 13 floors, contains 8812 total units, 8764 of which are residential.

How energy efficient is 240 1 AVENUE, Manhattan, NY, 10009?

240 1 AVENUE, Manhattan, NY, 10009 has an ENERGY STAR score of 83 out of 100 and a site energy use intensity (EUI) of 55.0 kBtu/ft² (2024 data). This is considered an above-average efficiency rating.

What do tenants say about living at 240 1 AVENUE, Manhattan, NY, 10009?

240 1 AVENUE, Manhattan, NY, 10009 has 3 tenant reviews with an average rating of 3.3 out of 5. 0 out of 3 reviewers would recommend this building.

240 1 AVENUE — Rent Intelligence for East Village, NYC

East Village · Manhattan, NY, 10009

Built 194513 floors8,812 unitsBBL 1009720001

Current rent range

$4,985 – $7,245 / mo

1 bedroom band tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★4.3315 reviews

Verified reviewsBSOwned byBPP ST OWNER LLC21 bldgs

240 1 AVENUE

Manhattan, NY, 10009

240 1 AVENUE is a mid-century 1945 building, 13 floors, 8,812 units in East Village, NYC. Owned by BPP ST OWNER LLC. Public records show 1,376 open violations, 427 311 complaints, 20 active litigation matters on file. Tenant-impact history includes 27 evictions. Risk signals: 1 bedbug report. Rent stabilization on file covers 8,768 units (registered 2024). Lucid Rents has 315 verified tenant reviews on this building.

HPD violations276last 7 years · class A, B, C

Evictions filed27last 7 years

Tenant reviews3154.3 ★ avg

Rent-stab units8,812DHCR records

Building age81 ybuilt 1945

311 complaints427last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · February 2026

2 BR

$6,115/mo

30 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: — – —

—Area: $3,495

1 BR

This building: — – —

—Area: $4,200

2 BR

This building: $4,985 – $7,245

22% aboveArea: $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

2 Bed30 listings

$5,000

$5,000

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

237 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

114

brownfields, industrial zones, sanitation

Block-level

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

Worsening

HPDTop Violations

276 total

Paint/Plaster
87
Door/Lock
73
Smoke/CO Detector
20
Water Leak
17
Heat/Hot Water
15

311Top Complaints

427 total

HEAT/HOT WATER
283
UNSANITARY CONDITION
44
PAINT/PLASTER
31
PLUMBING
27
Noise - Street/Sidewalk
20

DOBTop Filings

1,100 total

DOB Violations
1100

EvictionsEvictions

27 filed

Evictions filed
27

Violations by Unit

(65 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class BNOV SENT OUTAug 1, 2026
§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING IN THE BATHROOM LOCATED AT APT 11B, 11th STORY, 1st APARTMENT FROM NORTH AT EAST
Class ANOV SENT OUTJul 21, 2026
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING IN THE 2nd ROOM FROM NORTH LOCATED AT APT 8B, 10th STORY, 1st APARTMENT FROM WEST AT NORTH
Class ANOV SENT OUTJul 21, 2026
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING IN THE 1st ROOM FROM NORTH AT EAST LOCATED AT APT 8B, 10th STORY, 1st APARTMENT FROM WEST AT NORTH
Class ANOV SENT OUTJul 21, 2026
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AND THE NORTH WALL IN THE 1st ROOM FROM NORTH AT WEST LOCATED AT APT 8B, 10th STORY, 1st APARTMENT FROM WEST AT NORTH
Class ANOV SENT OUTJul 21, 2026
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING IN THE KITCHEN LOCATED AT APT 8B, 10th STORY, 1st APARTMENT FROM WEST AT NORTH

See all 276 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.3 /5

★ ★ ★ ★ ★

315 reviews

5★

37%

4★

54%

3★

2★

1★

Pros: Two college girls apt, lived here for three years. Honestly given how messy we lived, there were surprisingly few cockroaches. Nice community Cons: Heating is terrible Advice to landlord: Please provide stronger…

mixedApr 2026

Anonymous

Pros: Good neighbors & Stuytown is a very nice community Cons: Location, Distance to train, obvious that private equity owns the management company

mixedApr 2026

Anonymous

Pros: StuyTown was a great place to get a kind of NY-lite experience, in that, especially in a building like 321 ave c, you feel quite far from the city. In the spring and summer, the walk through StuyTown to the apt is…

positiveMar 2026

Anonymous

View all 315 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

17 amenities

BUILDING

Childrens Playroom
Elevator
Package Room

OUTDOOR

Shared Outdoor Space
Private Outdoor Space

FITNESS

Gym
Storage Space

PARKING & BIKES

Bike Room
Parking

LAUNDRY

Laundry
Dishwasher

PET FRIENDLY

Pet Friendly

OTHER

Rent Stabilized
Has Evictions
Fios Available
Live In Super
Good Cause

04 / 09

Building amenities.

05 / 10

The landlord.

BPP ST OWNER LLC

Portfolio of 21 buildingsEVP OPERATIONS: STEPHANIE SARPONG APPIAHMail: 276 FIRST AVENUE LOOP, New York, NY, 10009

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

View full landlord profile

buildings

4.6

avg score / 5

portfolio grade

nearby owned

Their Other Buildings

Top 5 by score · of 21 total

See all 21 →

Ownership timeline · this building

ACRIS deeds and regulatory filings

1945Building constructed8,812 units · 13 floors
nowBPP ST OWNER LLCOwner of record per HPD registration · manages 21 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

240 1 AVENUE · Manhattan · 40.732° N, -73.982° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby6 min

5 schools nearby1 min

Nearby Transit

BUS

E 10 ST/AVENUE AM8
0.3 mi6 min
E 9 ST/AVENUE AM8
0.3 mi6 min
SAINT MARKS PL/1 AVM8
0.3 mi7 min
E 10 ST/AVENUE BM8
0.3 mi7 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

P.s. M226K-12
0.1 mi1 min
High School For Health Professions And Human ServicesHigh School
0.1 mi1 min
Institute For Collaborative EducationSecondary
0.1 mi1 min
Manhattan Comprehensive Night And Day High SchoolHigh School
0.1 mi3 min

CHARTER SCHOOLS

Success Academy Charter School - Union SquareK-8
0.4 mi7 min

PRIVATE SCHOOLS

Friends SeminaryElementary
0.2 mi5 min
Learningspring SchoolElementary
0.3 mi6 min
George Jackson AcademyMiddle School
0.3 mi7 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 built1945

Floors13

Total units8,812

Rent-stab units8,812

ClassD7

BBL1009720001

1940195019601970198019902000201020202030

1945

Building constructed

8,812 units · 13 floors · class D7

2024

Rent stabilization on file

8,768 stabilized units registered.

now

Current owner: BPP ST OWNER LLC

Portfolio includes 21 buildings.

Recent Activity

20 events

HPDMEDIUMAug 1, 2026
HPD Class B Violation — § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING IN THE BATH
HPDLOWJul 21, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING IN THE 1st ROOM FRO
HPDLOWJul 21, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AND THE NORTH WALL
HPDLOWJul 21, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT ALL WALLS AND THE CEILING IN TH
HPDLOWJul 21, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING IN THE KITCHEN LOCA
HPDLOWJul 21, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING IN THE 2nd ROOM FRO
HPDHIGHJun 15, 2026
HPD Class C Violation — § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSI
EvictionHIGHJun 3, 2026
Eviction Executed — Apt 10-F — Possession
EvictionHIGHMay 27, 2026
Eviction Executed — Apt 01-E — Possession
EvictionHIGHMay 27, 2026
Eviction Executed — Apt 07-C — Possession

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a 2-bedroom at 240 1 AVENUE, Manhattan, NY, 10009?
Based on recent listing data, rent for a 2-bedroom at 240 1 AVENUE, Manhattan, NY, 10009 ranges from $4,985 to $7,245 per month, with a median of $6,115.
How does rent at 240 1 AVENUE, Manhattan, NY, 10009 compare to the neighborhood?
Compared to other buildings in the 10009 zip code: 2-bedroom rents are about 22% above the neighborhood median.
Is 240 1 AVENUE, Manhattan, NY, 10009 rent stabilized?
Yes, 240 1 AVENUE, Manhattan, NY, 10009 is rent stabilized with 8768 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 240 1 AVENUE, Manhattan, NY, 10009?
Based on historical listing data, January tends to be the most affordable month to sign a lease at 240 1 AVENUE, 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 240 1 AVENUE, Manhattan, NY, 10009?
The registered owner of 240 1 AVENUE, Manhattan, NY, 10009 is BPP ST OWNER LLC. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 240 1 AVENUE, Manhattan, NY, 10009 a good landlord?
240 1 AVENUE, Manhattan, NY, 10009, owned by BPP ST OWNER LLC, has an overall grade of A (4.3/5) on Lucid Rents. The building has 276 recorded violations. Tenants have left 315 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 240 1 AVENUE, Manhattan, NY, 10009?
240 1 AVENUE, Manhattan, NY, 10009 has an overall grade of A with a score of 4.3 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 240 1 AVENUE, Manhattan, NY, 10009?
Yes, 240 1 AVENUE, Manhattan, NY, 10009 has 276 housing violations and 427 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Are there eviction filings at 240 1 AVENUE, Manhattan, NY, 10009?
Yes, there are 27 eviction records on file for 240 1 AVENUE, Manhattan, NY, 10009. The most recent was in June 2026. Eviction records are public information sourced from city marshal data.
What amenities does 240 1 AVENUE, Manhattan, NY, 10009 have?
240 1 AVENUE, Manhattan, NY, 10009 offers 17 amenities including Rent Stabilized, Pet Friendly, Has Evictions, Bike Room, Childrens Playroom, Elevator, Fios Available, Gym, and more. View the full amenity list on the building page.
Does 240 1 AVENUE, Manhattan, NY, 10009 allow pets?
240 1 AVENUE, Manhattan, NY, 10009 lists pet-friendly amenities (Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.
Does 240 1 AVENUE, Manhattan, NY, 10009 have laundry facilities?
Yes, 240 1 AVENUE, Manhattan, NY, 10009 offers laundry amenities: Laundry, Dishwasher.
What schools are near 240 1 AVENUE, Manhattan, NY, 10009?
There are 8 schools near 240 1 AVENUE, Manhattan, NY, 10009, including 4 public schools, 1 charter school, 3 private schools. Nearby schools include P.s. M226 (1 min walk), High School For Health Professions And Human Services (1 min walk), Institute For Collaborative Education (1 min walk), Manhattan Comprehensive Night And Day High School (3 min walk), Success Academy Charter School - Union Square (7 min walk), and more.
What public transit is near 240 1 AVENUE, Manhattan, NY, 10009?
240 1 AVENUE, Manhattan, NY, 10009 has 4 transit options nearby. The closest include: bus: E 10 ST/AVENUE A (M8), 0.28 mi away.
Is 240 1 AVENUE, Manhattan, NY, 10009 safe? What is the crime rate nearby?
The 10009 zip code where 240 1 AVENUE, 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 240 1 AVENUE, Manhattan, NY, 10009 built and how many units does it have?
240 1 AVENUE, Manhattan, NY, 10009 was built in 1945, has 13 floors, contains 8812 total units, 8764 of which are residential.
How energy efficient is 240 1 AVENUE, Manhattan, NY, 10009?
240 1 AVENUE, Manhattan, NY, 10009 has an ENERGY STAR score of 83 out of 100 and a site energy use intensity (EUI) of 55.0 kBtu/ft² (2024 data). This is considered an above-average efficiency rating.
What do tenants say about living at 240 1 AVENUE, Manhattan, NY, 10009?
240 1 AVENUE, Manhattan, NY, 10009 has 3 tenant reviews with an average rating of 3.3 out of 5. 0 out of 3 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

8,768

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.

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Building record last updated 5 days ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.