$12,000
Updated 10 months ago
Off Market

242 East 7th Street, 5

East Village, Manhattan | Ave C & Ave D

5 Rooms2 Beds1.5 Baths1,600 Square FeetCo-op

$12,000
Lease Term12-24 Months
Rent Per SF
$90
The price shown reflects the monthly rent only and does not include any additional fees. Please review the listing description for a summary of all fees related to renting this apartment.

Listing Features

  • BuiltIns
  • Corner Apartment
  • Dining Alcove
  • Entry Foyer
  • High Ceilings [16']
  • Mezzanine
  • Original Details
  • Penthouse/Top Flr
  • Recessed Lighting
  • Triplex
  • Walk-in Closet
  • Washer / Dryer
  • Arched Windows
  • Oversized Windows
  • Skylights
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Terrace
  • City Views
  • East Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Virtual Doorman

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 East 7th Street, 5

This spectacular triplex penthouse delivers a sense of scale and serenity rarely found in Manhattan. Encompassing approximately 1,600 square feet of interior space, the residence is flooded with natural light from three exposures and crowned by a stunning skylight that bathes all three levels in sunlight. Elegant, custom glass staircases serve as both a design centerpiece and a light conduit, creating a seamless flow throughout the home.

An expansive private terrace of 400 square feet offers the perfect outdoor escape, beautifully positioned at the rear of the property for maximum privacy. The current layout includes a gracious one-bedroom with a mezzanine level that can easily transform into a second bedroom, library, or office. A thoughtfully conceived alternate floor plan is also available, offering three full bedrooms and bathrooms along with an additional 200 square feet, without diminishing the open, airy grandeur of the living space.

The kitchen is crafted for both beauty and performance, featuring handcrafted ivory cabinetry by Plain English, sealed limestone countertops, and a professional-grade Viking range with exterior ventilation. Every element has been curated for understated luxury.

The bathrooms are refined and serene. The primary en suite bath is particularly striking, with a custom glass shower enclosure, freestanding soaking tub sculpted from honed Corian, oversized Carrara marble finishes, a heated towel warmer, and designer fixtures by Agape. A Duravit toilet adds the final touch of quiet sophistication.

The primary suite opens directly onto the terrace through an entire wall of glass, offering a rare connection between indoor comfort and outdoor tranquility. The mezzanine level features expansive built-in shelving and a generously sized closet. A stylish powder room on the main level includes a washer and dryer and can be upgraded to a full bath if desired.

This penthouse is the crown jewel of a landmarked building with a rich architectural history. Originally constructed in 1905 as a synagogue, the property was converted into a boutique cooperative in 1985 and retains its unique character. The building offers remarkably low monthly maintenance and a flexible sublet policy, making this residence both a distinctive home and a wise long-term investment.

Just moments from Tompkins Square Park and within close proximity to the F, 6, and L trains, this home enjoys immediate access to the best of downtown living. Exceptional dining, boutique shopping, and cultural destinations surround you, with neighborhood favorites like Lavagna and Gemma just blocks away. Whether you're seeking a peaceful retreat or a striking space to entertain, this penthouse delivers an unmatched lifestyle of quiet luxury.

Application fee: $20 per application

Security deposit: Equal to one month's Rent

At lease signing: First month and security due.

No utilities included

Utilities are billed per use


Listing History for 242 East 7th Street, 5

Now
10/09/2025
POM by Honda Jayathilake
Douglas Elliman
06/16/2025
$12,000
Initial Rent by Honda Jayathilake
Douglas Elliman

Building Details for 242 East 7th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePre-War
AccessWalk-up
Year Built1905
Financing Allowed80%
Floors/Apts3/5
Learn More About the Building

Transit and Citi Bike

Citi Bike

E 7 St & Ave C
0.04 miles
E 5 St & Ave C
0.1 miles

Contact Agent

Contact Agent

Honda Jayathilake
Douglas Elliman

East Village | Manhattan

Quick Profile

The East Village has two distinct moods. By day, it is quiet and peaceful. Everyone is out and about, either working or relaxing at Tompkins Square Park, strolling or jogging along the East River, or hanging out in one of the subsets of cultural activity, such as St. Mark’s Place. 

But then night falls, and the East Village comes to life, keeping the entertainment and nightlife going long after the other neighborhoods have called it quits for the night. People from all five boroughs flock to the dive bars and speakeasies, head for their favorite cafes and restaurants, or drop in to a music venue to listen to hot tunes or cool jazz and dance the night away. Don’t worry, you don’t have to “know somebody” to gain admittance to even the most popular venues. You won’t find velvet ropes, bouncers, or and a waiting list at the door of most places. Just walk right in and enjoy yourself.

Be prepared for the increased population during fall through spring, when NYU is in session. College students will be everywhere, contributing to the youthful essense of the neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 654043