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G 1/431 East 6th Street

New York NY 10009

1
2
1500 sq. ft.
Other
Currently for sale - view listing

Overview

Amazing Artist Gallery Live/Work Opportunity. In 1858 artist renovated building in the East Village! On the same block as the Brandt Foundation. These two units can be combined to create a massive amount (over 1500 sq.ft.) of live/ work/gallery space for a Gallerist, Artist, or any residential end-user. Also perfect for an Investor, as they can be rented out from Day 1 with no board approval needed. This "Tenants in Common" building would require an All Cash Purchase. This building's flexible sublet policy (30 Day Minimum) and low monthlies make for the perfect investment or live/work opportunity. The two units have a total maintenance charge (which includes the real estate taxes) of $992 per month. Building owners are discussing the possibility of converting the building to condominium ownership after the next sale. The ground floor Alcove Studio, Unit G1 is zoned for residential/commercial with possible retail use and can be the perfect place to call your home while you operate your creative business below. The sub-level Gallery space, Unit G has a flexible layout depending on the end user's needs and features a full bathroom. Only a few doors away from the Peter Brant Foundation, this gallery was utilized for over thirty years as a painting and photography Studio of the famous artist William Wegman and later for a few years as the gallery space for The Bruce High-Quality Foundation.

Features

1 bedroom
2 bathrooms
1500 sq. ft. floor area
Other

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Local market activity for 1 bedroom other properties in New York

In the last 12 months, 5 one-bedroom other properties similar to G 1/431 East 6th Street, have been sold.

This represents a 400% decrease in one-bedroom other properties sales when compared to the previous 12 months.

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