Brand New Condo in New Development

Brand New Condo in New Development

East Village, New York

Starting Bid $1,750,000

Previously $3,442,000

Online Auction

Bidding Opens: Tue Mar 23, 12:00 PM EDT

Bidding Closes: Thu Mar 25, 12:00 PM EDT

Highlights

Auction
Unit 3 ONLY
Previously $3,442,000
Starting Bid $1,750,000

Building
Houston House
New Building in Manhattan's
East Village / Lower East Side

Tour Property
By APPOINTMENT only on
February 23, March 2 & March 7
Email info@prusa.com

Listing Broker
Ryan Serhant, The Serhant Team
Nest Seekers International

Interior SF
1,838 (approx.)

Balcony SF
76 (approx.)

Beds / Baths
2.5 beds / 3 baths 

Est. Costs
Est. Common Charges $1,166/mo
Est. Taxes $2,516/mo

Amenities
State-of-the-art ButterflyMX virtual doorman system, bike storage and package room 

Residence
Private keyed elevator access, wide plank hardwood floors, triple glazed floor-to-ceiling windows with northern & southern exposure, high ceilings, in-home Miele washers/dryers, and stunning kitchens equipped with eat-in peninsulas, marble countertops & backsplashes, chic custom cabinetry, and a suite of fully-integrated appliances from Miele 

How to Participate

Download Brochure Click Here
Review Due Diligence Information Click Here
Receive email access to the Due Diligence Information, which includes Offering Plans and Amendments, and more.
Online Auction Begins March 23 - Register Now Click Here
Bidding begins online at 12pm on Tuesday, March 23 and ends 12pm on Thursday, March 25. Register now.

Observe auction by clicking here.

Tours by appointment on February 23, March 2 & March 7. Email info@prusa.com to RSVP now.

Subject to prior sale. Buyer's Premium 3%. Broker participation invited.

We are pleased to present, along with Ryan Serhant of Nest Seekers International, the first ever online auction for a new condominium in NYC by its developer! Previously $3,442,000, this auction represents a once in a lifetime opportunity to purchase this brand new condominium in the new Houston House condominium development, at a starting bid of only $1,750,000. Schedule a tour by emailing info@prusa.com and register now!

Broker Participation

Click below to download registration form Download

Date: 12/21/2024 Property: Brand New Condo in New Development

The undersigned, on behalf of him/herself along with each of his/her respective affiliates, principals, agents, successors and assigns (collectively, “Bidder”), hereby agrees to the following, in order to access certain information from PRUSA LLC d/b/a Paramount Realty USA (collectively, “PRUSA”) and participate in auction:

1. Bidder hereby acknowledges its interest in Property for purpose of potentially purchasing same and wishes to access certain information, including proprietary and confidential information, pertaining to the Property (the “Due Diligence Information”).
2. Bidder represents that Bidder is at least 18 (eighteen) years of age and, as of the date hereof, hereby recognizes receipt of the Offering Plan (Sponsor File No. CD17-0135) for the HOUSTON HOUSE condominium, located at 298 East 2nd Street, New York, New York (“Plan”).
3. Bidder agrees that the Due Diligence Information, as well as all other information provided in connection herewith, is provided for informational purposes only. Some information was furnished by outside sources and, except as provided in the Plan, PRUSA makes no representations or warranties of any kind about the completeness, accuracy, reliability, suitability, availability or of any other nature regarding any information, including, but not limited to, figures, facts, descriptions, measurements, data, products, services, related graphics, and any representations contained therein. PRUSA hereby expressly advises Bidder not to rely on such information, and to independently conduct any and all studies, investigations, reports, searches and other inquiries before proceeding with the purchase of Property. No warranty or representation, express or implied, is made by sponsor, its listing agent(s) or PRUSA, or their respective employees or agents (collectively, “Seller Group”), as to the accuracy or completeness of any information, except as provided in the Plan.
4. The listing broker for the property is Ryan Serhant (license number 10301209394) with NestSeekers International (license number 10391201239), 594 Broadway, 401, New York, NY, 10012 (“Listing Broker”). PRUSA is a co-exclusive marketing agent and marketing firm specializing in auctions. All references to square footage, dimensions and other numbers are approximate. This offering may be withdrawn, modified or canceled without notice at any time. All auctions with reserve unless explicitly stated as otherwise. Any Starting Bid or Minimum Bid reflected herein applies only to the day(s) and time(s) of auction, which shall conclude upon PRUSA’s declaration of same; Sponsor is not obligated to accept any bid before or after auction. The reserve price for unit 3 is $1,750,000, plus the 3% Buyer’s Premium. A Buyer’s Premium in the amount of three percent of the winning bidders’ bid price will be added to such price to establish the total sales price. Furniture and other personalty is excluded unless explicitly stated as otherwise herein. This is neither an offer to sell nor a solicitation to buy to residents in states where registration requirements have not been fulfilled. No verbal representation may be relied upon. Auction subject to any terms of sale or other information provided by Listing Broker or PRUSA. The complete offering terms are in an offering plan available from Sponsor File No. CD17-0135. Sponsor: 298 East Village Owner LLC, located at 334 East 9th Street, New York, NY 10003. Equal Housing Opportunity.
5.Bidder agrees to keep the Due Diligence Information and all other information provided by Seller Group confidential and agrees not to disseminate same to any third-parties (except to partners, lenders, advisors and others in connection with the purchase of the Property) without the prior written consent of PRUSA. In no event will PRUSA be liable for any loss or damage, including, without limitation, indirect or consequential loss or damage, for any matter in connection herewith or in connection with any information contained in, or accessible through, the Due Diligence Information, including the inaccessibility, malfunction, and/or disfunction of any virtual data room, online bidding platform or website that PRUSA or any other may make available, or otherwise. Notwithstanding anything to the contrary, by its signature below and/or by accessing any information contained in the Due Diligence Information, Bidder agrees to the terms hereof and to the terms of sale, as set forth in the Due Diligence Information or elsewhere by PRUSA, and to forever and unconditionally release PRUSA from any cause or claim, whether in connection herewith, the Property, or otherwise.
6. Bidder agrees not to circumvent, or seek to circumvent, PRUSA in any manner regarding any interest in Property or in any other property or opportunity presented by PRUSA for a period of one year from the date hereof.
7. This agreement shall be governed by the laws of the State of New York. Any claim arising out of or related to this document or any property, auction or transaction(s) contemplated hereunder shall be submitted to binding arbitration conducted by the American Arbitration Association, New York County (or at such venue as may be prescribed by law), pursuant to their rules relating to real estate disputes. The parties agree to submit the dispute to 1 (one) arbitrator chosen pursuant to AAA Rules. This shall be the sole remedy for any resolution of a dispute and the parties hereby consent to the exclusive jurisdiction of the American Arbitration Association.

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