16
Map
$680,000
●
Co-op -
Off Market
625 E 6TH Street #3
Manhattan, NY 10009
Studio
1 Bath
$4,054
Est. Monthly
$715
HOA / Fees
3.50%
Cap Rate
About This Property
Loft like space with character and charm. The unit is approx.
685 s/f and on the 3rd floor in a walk-up building. It has high
ceilings, hardwood floors, exposed brick walls, decorative
fireplace and large windowed kitchen. The bedroom area can be
easily separated by walls and a door since it is currently open.
Washer/dryer can be installed with the board approval. Monthly
maintenance is only $715. The building has a common garden, plus a
communal botanical garden is directly across the street. There is a
common storage in the basement. Pet friendly laid back co-op.
Notes:
All showings including open houses are by appointment only. No shoes in the unit.
Notes:
All showings including open houses are by appointment only. No shoes in the unit.
Unit Size
-
Days on Market
59 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$715
Year Built
1910
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 6 months ago (RLS #RPLU-33422901720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Apr 28, 2024 | Price Decreased |
$699,000
↓ $36K
(4.9%) | |
| Price Decreased | |||
| Feb 27, 2024 | Listed by Corcoran Group | $735,000 | |
| Listed by Corcoran Group | |||
| Jul 27, 2011 | Sold to Anna Ternheim | ||
| Sold to Anna Ternheim | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 1
Laundry Features: Building Other
Rooms: 2
Has Fireplace
Decorative
Fireplaces: 1
Has Basement
Exterior Details
Year Built: 1910
Outdoor Living Structures: None
Pets Allowed: Building Yes, Yes
Tax Lot: 0048
Tax Block: 00389
Utilities Details
Cooling Type: Window Units
Location Details
Subdivision Name: East Village
Stories Total: 5
View: Other
Association Fee: $715
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
Stu
2
Baths
-
$700,000
Oct 13, 2022
$700,000
Apr 14, 2023
$1,394/mo
Condo
Stu
1
Bath
614 ft²
$1,140/ft²
$700,000
May 1, 2022
$700,000
Aug 17, 2022
$1,532/mo
Co-op
1
Bed
1
Bath
600 ft²
$1,125/ft²
$675,000
Jan 15, 2016
$675,000
Jun 30, 2016
$650/mo
Co-op
1
Bed
1
Bath
-
$675,000
Feb 25, 2019
$675,000
Jun 25, 2019
$650/mo
Co-op
1
Bed
1
Bath
600 ft²
$1,165/ft²
$699,000
Apr 24, 2018
$699,000
Sep 17, 2018
$538/mo
Active
Condo
Stu
1
Bath
465 ft²
$1,718/ft²
$799,000
Aug 16, 2024
-
$1,578/mo
In Contract
Co-op
1
Bed
1
Bath
500 ft²
$1,320/ft²
$660,000
Jul 27, 2023
-
$831/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/27/2024
|
Studio
|
1 Bath
|
-
|
$735,000
Studio
1 Bath
|
$680,000
-7.48%
08/09/2024
|
-
|
Haruno Arai
Compass
| |
|
07/24/2022
|
1 Bed
|
1 Bath
|
685 ft²
|
$850,000
1 Bed
1 Bath
685 ft²
|
$800,000
-5.88%
12/07/2022
|
Ippei Iwashiro
Corcoran Group
| ||
|
02/25/2019
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$675,000
06/25/2019
|
Ippei Iwashiro
Corcoran Group
| ||
|
07/29/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
|
06/26/2017
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
Steven W Gold
Corcoran Group
| |
|
10/04/2016
|
1 Bed
|
1 Bath
|
-
|
$750,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
01/15/2016
|
1 Bed
|
1 Bath
|
600 ft²
|
$675,000
1 Bed
1 Bath
600 ft²
|
$675,000
06/30/2016
|
Ippei Iwashiro
Corcoran Group
|
Building Info
About Downtown Manhattan
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Listed by: Haruno Arai
Listing Courtesy of Corcoran Group
Last Updated: 6 months ago
Last Checked: 6 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Corcoran Group
Last Updated: 6 months ago
Last Checked: 6 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
