Updated 11 years ago
Off Market
6 Saint Marks Place
East Village, Manhattan | Third Ave & Second Ave
15,200 Square FeetMixed Use
$16,750,000
floors5
Lot Size26'x120'
Built Size26'x110'
ZoneR8B
Building TypeLow-Rise
RE Taxes$172,125
Price Per SF
$1,102
Outdoor space and views
- Terrace
Building Amenities
- Voice Intercom
- Elevator
Property Description for 6 Saint Marks Place
An elevatored, five story plus lower level mixed-use building located on the south side of Saint Mark’s Place between 2nd Avenue and 3rd Avenue. The ground floor is currently vacant but is expected to be leased out shortly. The 2nd floor is leased to an art gallery and cafe through November 2018 who pays $11,000/month and 20% of the real estate taxes. Floors 3-5 are occupied by a karaoke lounge who has a lease in-place through September 2031. The karaoke lounge is currently paying $28,000/month and 50% of the total real estate taxes. This is an excellent opportunity for an investor to receive a steady stream of cash flow from the in-place units in a rapidly growing neighborhood.
Listing History for 6 Saint Marks Place
Now
03/19/2015
POM by James P. Nelson
Cushman & Wakefield
2015
Building Details for 6 Saint Marks Place
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1900
Floors5
Transit and Citi Bike
Subway
Astor Pl
0.1 miles
8 St-NYU
0.18 miles
3 Av
0.31 miles
Bleecker St
0.35 miles
14 St-Union Sq
0.38 miles
Citi Bike
Cooper Square & Astor Pl
0.07 miles
Lafayette St & Astor Pl
0.11 miles
Contact Agents
Contact Agents
James Nelson
Cushman & Wakefield
Caroline Hannigan
Cushman & Wakefield
Matthew Nickerson
Cushman & Wakefield
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: 55573TH
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