311e11: Village Green – 311 East 11th Street

Developed by Michael and Izak Namer, 311 E 11: Village Green was created to define responsible 21st century luxury living. The building is targeted for LEED gold certification, and offers a new wave of eco-friendly and indulgent amenities. Every “I” has been dotted, every “t” has been crossed at 311 E 11 when it comes to sustainability, from the floor to ceiling double insulated windows that increase natural light and reduce noise pollution to the advanced water conservation fixtures, faucets and appliances. 311 E 11 offers discount parking for hybrid vehicles, in hopes of encouraging eco-friendly residents to think one step further; it’s also located within walking distance of organic stores and eateries.

East village condominiums

311 E 11 also offers a lounge upon entry that is sustainably minded and perfect for gathering with friends and family. Designed by Andi Pepper, it’s a hub of a activity and relaxation, leading to the Wellness Center’s Fitness Room, Treatment Rooms and Spa. The building features a highly efficient Daikin central heating and air conditioning system, geothermal heating and coating of the lobby and common areas, advanced water conservation plumbing fixtures, rainwater collection for garden irrigation systems, and a planted green roof to reduce “the heat island” effect.

Units and Pricing

There are currently three available units in the building, two of which are penthouse homes. Penthouse 1A is a two-bedroom, 1,205 square foot residence, while penthouse 2A is a two-bedroom, 1,970 square foot home. Also available is a two-bedroom unit with 1,461 square feet. Penthouse 1A is listed at $1.9M, penthouse 2A at $3.45M. The additional two-bedroom unit is listed for $2.195. Units sold averaged $1,214 per square foot, while the current available units average $1,625 per square foot.

east village green condos

Features and Amenities

As stated above, 311 E 11 has gone above and beyond when it comes to creating a green building. Homes at Village Green offer double insulated Traco floor to ceiling windows to create a light filled space; FSC Certified 4-inch wide solid white oak floors throughout emphasis the airiness of the space. Kitchens at 311 E 11 are sustainably designed with eco-friendly quartz counters, energy efficient appliances from Bosch and Liebherr, and custom made zero-VOC cabinets from Euromobil Italia. Finishes are also eco-conscious, from bronze fittings to Lake Garda backsplash tiles. Master baths at 311 E 11 boast Persian green marble countertops, pure white crystallized glass stone walls, custom Euromobil Italia vanities, and water conserving fixtures and faucets. Many homes at 311 E 11 offer private terraces, landscaped and generously sized.

311e11 Village Green

311 E 11 offers convenient in house recycling facilities, in-suite controls for adjusting room environment, high efficiency Daikin HVAC systems which eliminate boiler use, fresh air in hallways and common areas, state of the art wellness center with fitness and spa facilities, and a lobby heated and cooled with geo-thermal energy.

Location

311 E 11: Village Green is located in the heart of Manhattan’s bustling East Village. Once a Mecca for street kids and drug dealers, the East Village has been revitalized and is now one of lower Manhattan’s most desirable locations. 311 E 11 is located on 11th Street between 1st and 2nd Avenues, putting it just a short walk from the 14th Street L train at 1st Avenue, as well as the transportation hub that is Union Square. The East Village offers a huge variety of shops, restaurants and bars, as well as it’s very own farmer’s market at St. Mark’s church.

Investment Potential

Green design is where the world is headed, and the East Village location just keeps getting more and more valuable. There are only 3 left, and the building is priced very well. These will not last long. A

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