The Tortola Condominium

The Tortola Condominium is a condo located 509 East 6th Street, in Alphabet City, New York. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 1997. But was most recently renovated and altered in 1998. The official lot area is listed as 2,272 square feet. The building itself is 25 feet wide and 63 feet long. In total, 509 East 6th Street has a total floor area of 9,629 square feet. Of that, 5,714 square feet are used for residential purposes. About 3,915 square feet of the building are used for commercial purposes. There are a total of 65 units. Of those, 64 are residential units. There are 1 commercial units. 509 East 6th Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. There are 11 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 210 days Meaning, listings tend to sell at a median of $1,274 price per square foot. The transaction that took the longest to complete was unit 3R, listed on Feb 17, 2015 for $845,000. This particular unit ultimately sold 321 days later for $842,619. The most recent transaction was for unit 4R, which was first advertised on Jul 08, 2022, sold for $780,000 on Dec 22, 2022. Fun fact, the oldest transaction we have on record took place on May 27, 1977. See the full transaction history for The Tortola Condominium below.

Alphabet City, where 509 East 6th Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $812,500. For interested buyers, that means the building's median asking price is around 0.61% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.