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Available for the first time in over 20 years, this exceptional East Village two-family townhouse presents a rare opportunity to acquire a vacant, move-in-ready multi-unit property in one of Manhattan's most dynamic neighborhoods. Measuring 22 feet wide by 42 feet deep on a 97-foot lot, the property is located within an R8B zoning district and Opportunity Zone, offering additional upside through 5, 504 square feet of unused development rights and future expansion potential. The existing structure maintains a current certificate of occupancy for two-family residential use and is currently configured as two expansive three-bedroom duplex residences.
Both residences are owner-occupied and will be delivered vacant at closing, creating exceptional flexibility for owner-occupancy, rental income, multi-generational living, or future redevelopment and reconfiguration. Each unit is separately metered with independent systems for heat, hot water, and central air conditioning. Meticulously maintained from the foundation to the roof, the property is in outstanding condition with minimal improvements needed, offering immediate usability while preserving long-term value-add potential.
The upper three-bedroom duplex features both a private terrace and roof deck, while the lower three-bedroom duplex opens onto a deep landscaped rear garden beautifully planted and shaded by mature trees. The house is semi-detached and shares only one wall with the neighboring townhouse. It enjoys abundant natural light, privacy, and flexible living arrangements rarely found in a two-family townhouse.
Located on a quiet, tree-lined stretch of East 6th Street enjoying minimal vehicular traffic, this home offers a peaceful residential setting just moments from Tompkins Square Park, the East Village waterfront, and the soon-to-be completed East River Park. Outside your door, the neighborhood's vibrant cultural fabric unfolds through an eclectic mix of renowned restaurants, cafés, independent boutiques, and art galleries.
Unit 1 3 Bedrooms, 2. 5 Bathrooms + Private Backyard (22' x 32')
From the stoop of this classic townhouse you'll enter the parlor level floor outfitted as an oversized loft-like living space that flows seamlessly into a massive open kitchen. The kitchen is complete with an oversized island, rainforest green marble countertops, Danish-inspired cabinetry, Miele dishwasher and fridge, Wolf range, and Turbo Chef double oven. Walk out the back door to find the rear yard lushly planted and canopied by a magnificent mature maple tree. The downstairs sleeping quarters enjoys 3 windowed bedrooms including a primary suite with en-suite bath and full access to the garden. Two additional bedrooms are served by a second full bath on this level. This duplex unit is well-maintained and move-in ready. It has central air conditioning and individual HVAC throughout, a washer dryer, and 10'7" ceilings.
Unit 2 3 Bedrooms, 2. 5 Bathrooms + Private Terrace & Roof Deck
Accessed through a separate entrance in the townhome's vestibule, a set of stairs brings you up to the second floor and immediately onto a spacious full floor living space, kitchen, and dining area. Beyond the rear dining room, glass doors lead to a terrace spanning the full width of the house. A full bathroom and washer/dryer complete this level. On the second level of this upper duplex, the sleeping quarters encompass 3 bedrooms and 2 bathrooms. The primary bedroom is massive, complete with an en-suite bathroom and working gas fireplace. The two rear-facing bedrooms are served by a second full bathroom. Topping off this apartment is a huge finished roof deck blasted with light which provides for a second outdoor space for this home.
Whether utilized in its current configuration, enhanced through renovation, expanded to maximize available zoning, or held as a long-term asset in a high-demand location, this is a rare chance to acquire a substantial East Village property with scale, flexibility, and future upside.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$5,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,400,000 | $4,400,000 | $4,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $433 | $433 | $433 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,983 | $27,092 | $37,130 |
| Total Monthly Payment | $25,541 | $27,650 | $37,688 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.