East Village Garden-Style Condo Opportunity – 236 E 6th Street
Address: 236 East 6th Street, New York, NY, 10003
Asking Price: $1,808,000
Cap Rate: 4.80%
Sale Type: Investment or Owner-User
Asset Type: 2-Star Garden Apartment Condominium
Location: CBD – East Village
Building Class: C
Stories: 5
Units in Building: 10
Gross Building Area (GBA): 10,500 SF
Typical Floor Size: 2,100 SF
Units per Acre: 167/AC
Rent Type: Market
Property Overview:
236 E 6th Street presents a rare opportunity to acquire a condominium unit in a charming garden-style residential building in the heart of the East Village. Whether you’re an investor looking for strong in-place income or an owner-user seeking a foothold in a creative and culturally vibrant downtown neighborhood, this offering delivers on value, lifestyle, and long-term upside.
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Key Highlights:
✔ 4.80% Cap Rate: Solid income-producing unit with immediate returns in one of NYC’s most resilient rental markets.
✔ Historic East Village Setting: Located on a tree-lined block surrounded by cafes, independent shops, NYU, and Tompkins Square Park.
✔ Flexible Use: Ideal for an owner-occupier, long-term investor, or pied-à-terre buyer seeking downtown convenience.
✔ Well-Maintained Building: Quiet, low-rise condo structure with community feel and lower carrying costs compared to full-service towers.
✔ Market-Rate Potential: Unit is not rent-stabilized, offering flexibility in leasing and tenant profile.
Building Summary:
- Price: $1,808,000
- Cap Rate: 4.80%
- Use Type: Residential Condominium
- Units in Building: 10
- Stories: 5
- Building Class: C
- Gross Building Area: 10,500 SF
- Rent Type: Market
Conclusion:
236 E 6th Street is a unique condo investment with built-in income and significant lifestyle appeal in the East Village—a neighborhood that continues to attract a strong tenant base and long-term demand. Whether you’re building your portfolio or seeking a personal-use asset with income, this opportunity checks all the boxes.
Contact us today for floor plans, financials, or to schedule a private tour.
