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332 E 6th St
New York, NY 10003
332 East 6th Street · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 6,750 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | R7-2 - residential and commercial | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,750 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | R7-2 - residential and commercial |
ABOUT 332 E 6TH ST , NEW YORK, NY 10003
A luxury six-story, walk-up apartment building located on the south side of East 6th Street between 1st and 2nd Avenues. The entire building underwent a gut renovation in 2016 that included the build out of an expansive resident accessible rear deck space, upgraded common areas, and fully updated mechanicals. Current ownership also has approved plans for a restoration of the facade from Landmarks they are currently undergoing. The apartments feature Chef's range kitchens, custom granite countertops, dishwashers, stackable washers/dryers, wide plank oak floors, and custom lighting. 8 of the units are 3-BRs and 4 are 2-BRs. Upon being renovated, the units were leased immediately at near market rents showing the high demand for apartments in the immediate vicinity. Furthermore, each unit has a gas boiler (tenants pay) reducing operating expenses in perpetuity. There is potential upside in the RS units along with adding an an addition using the 2,950 SF of air rights subject to Landmarks approval. The property is surrounded by highly frequented neighborhood spots such as Tompkins Square Park, Upstate, The Eddy, Mighty Quinn's, The Mermaid Inn, and Mayahuel. In addition, the building is within walking distance to the 2nd Avenue F train stop and the Astor Place 6 train stop. This is a great opportunity to acquire a low maintenance and high cash flowing multi-family asset in the heart of the East Village.
PROPERTY TAXES
| Parcel Number | 0447-0022 | Improvements Assessment | $1,123,830 |
| Land Assessment | $187,200 | Total Assessment | $1,311,030 |
PROPERTY TAXES
