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2/431 East 6th Street

New York NY 10009

1
750 sq. ft.
Other
Currently for sale - view listing

Overview

Just featured in Curbed magazine: https://www.curbed.com/2023/06/an-east-village-synagogue-inhabited-by-artists-is-for-sale.html The 1920's synagogue has an interesting history and has undergone renovations by notable artists in the 1980s, including William Wegman, Jack Sal, and photographer Timothy Greenfield-Sanders. It is located just two blocks away from the picturesque Tompkins Square Park and a few doors east of The Brant Foundation. The second-floor artist's space in the synagogue is a bright and open loft filled with charm and period details. It features three tall arched windows that offer a view to the south, overlooking the tree-lined 6th Street. The loft includes a quaint kitchen and a beautiful dining room at the front of the space. In addition, there is a wonderfully renovated marble bathroom with a thick Italian glass shower. Towards the back of the loft, there is a drawing room that also serves as a bedroom, currently furnished with a king-sized bed. One notable advantage of this space is that it can be rented from day one without the need for board approval. This makes it a desirable option for investors and allows for indefinite rental arrangements. 431 East 6th Street is a Tenants in Common, investor-friendly building. Cash-only purchase is required. Co-purchasing, pied-a-terre, and short-term rentals within NYC guidelines of 30 days or more are all allowed. The tenants in common presents a unique structure with more flexible building rules which include No Board Approval and no rental restrictions. Also, there is a strong possibility for future conversion to a condominium bldg which would greatly increase the value of the building along with the ability to get financing for the units if you so chose. . Overall, the renovated artist's loft in the 1920's synagogue offers a unique and charming living space, with historical significance and proximity to the scenic Tompkins Square Park and a few doors down from The Brandt Foundation.

Features

1 bathroom
750 sq. ft. floor area
Other

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Local market activity for other properties in New York

In the last 12 months, 4 other properties similar to 2/431 East 6th Street, have been sold.

This represents a 33% decrease in other properties sales when compared to the previous 12 months.

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