245 E Second St
245 E Second St,
New York, NY 10009
$7,950 - $8,300
3 Beds
Situated within Manhattan’s East Village, Alphabet City is an eclectic neighborhood teeming community gardens, vibrant murals, trendy bars, and diverse restaurants. The neighborhood is revered for its offbeat vibe, walkable layout, and strong sense of community.
Alphabet City features a broad range of rental options, including luxury condos, apartments in pre-war buildings, and historic townhomes. Most of the rentals in the neighborhood are within walking distance of commercial thoroughfares like Avenue A, Avenue B, Avenue C, and Avenue D, as well as the signature green space Tompkins Square Park.
Alphabet City is also convenient to the sprawling John V. Lindsay East River Park, which provides ample opportunities for outdoor recreation close to home. Commuting from Alphabet City is a breeze with access to multiple subway stations, ferry terminals, and the Williamsburg Bridge.
As of August 2025, the average apartment rent in Alphabet City is $2,487 for a studio, $2,790 for one bedroom, $3,684 for two bedrooms, and $4,657 for three bedrooms. Apartment rent in Alphabet City has increased by 1.4% in the past year.
Studio
387 sq ft
Average Sq Ft
$2,487/month
Average Rent
1 BR
507 sq ft
Average Sq Ft
$2,790/month
Average Rent
2 BR
663 sq ft
Average Sq Ft
$3,684/month
Average Rent
3 BR
728 sq ft
Average Sq Ft
$4,657/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.