$5,900,000
●
Townhouse -
In Contract
83 E 2nd Street #HOUSE
Manhattan, NY 10003
10 Beds
6 Baths
6907 Sqft
$32,595
Estimated Monthly
$0
HOA / Fees
0.69%
Cap Rate
About This Property
*– VACANT – 2-UNIT TOWNHOUSE
– EACH THE SIZE OF 1 SINGLE-FAMILY HOUSE! | 25' WIDE
– (approx.) 6,900 INTERIOR SF + 1,000 SF ATTACHED CELLAR + 1,920 EXTERIOR SF
– Free-Market – Not Landmarked.
– PERFECT FOR:*
*– INVESTOR?* – RENT BOTH UNITS FOR AN EASY 5.5% – 6%+ CAP RATE
*– SAVVY BUYER?* – LIVE IN ONE & RENT THE OTHER – PAYS FOR ITSELF IN UNDER 5 MONTHS
*– PRIMARY HOMEOWNER?* – CONVERT THIS INTO A LARGE SINGLE-FAMILY HOME
*Seriously – DO NOT MISS THIS DEAL!!*
--------
DETAILS BELOW:
THE HOUSE:
Beautiful 25-foot-wide townhouse (approx. 6,900 square feet) configured as two loft-like, high-rent, triplex units, each with multiple outdoor spaces – three oversized terraces plus a garden, approx. 1,920 square feet in total. Delivered vacant, the property presents an ideal opportunity for an investor ready to lease both units, a purchaser desiring to live in one unit and lease the other for additional income or even for conversion back into a single-family home.
Originally built in 1900 and completely renovated including the addition of two floors, the building's two light-filled units are in excellent condition and function almost like separate single-family homes – each as spacious floor-through units on three levels, with high ceilings, modern kitchens, wood-burning fireplaces, up to five bedrooms and three full baths in each, and multiple areas of outdoor space.
--------
UNIT 1:
Approx. 4,000 square feet - features up to 5 bedrooms / 3 full baths (including an optional, separate 1-bedroom/1 bath garden level apartment). Its spacious windowed kitchen adjoining a massive living and dining area offers high-end appliances and overlooks the garden. There is an internal wooden staircase between the floors, high ceilings, and huge windows throughout, two sets of washer/dryers, a wood-burning fireplace, a ductless air conditioning system, a home gym/office, and approx. 1,000 square feet of outdoor space, including a garden and an elevated lounge deck.
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UNIT 2:
Approx. 3,000 square feet and features five bedrooms and three full baths. The large kitchen with high-end appliances and breakfast bar opens into an oversized living/dining area with a wood-burning fireplace and dramatic arched windows. There is an internal staircase between each high-ceilinged floor, two separate sets of washer/dryers, a ductless air conditioning system, plus a wet bar and two elegant terraces – one facing downtown and the other facing north with skyline vistas that include the Empire State Building.
--------
LOCATION:
Located on a charming tree-lined block, the house is ideally situated in the hip East Village, close to Nolita, Soho, and Greenwich Village/NYU, with trendy restaurants, shopping, transportation, and entertainment options in all directions. The house is also close to the nearby mega-developments of Essex Crossing and the new Gemini Rosemont complex, which boast such retail as Trader Joe's, Whole Foods, the Essex Market food stall vendors, Target, and Regal Cinemas, to name a few.
– EACH THE SIZE OF 1 SINGLE-FAMILY HOUSE! | 25' WIDE
– (approx.) 6,900 INTERIOR SF + 1,000 SF ATTACHED CELLAR + 1,920 EXTERIOR SF
– Free-Market – Not Landmarked.
– PERFECT FOR:*
*– INVESTOR?* – RENT BOTH UNITS FOR AN EASY 5.5% – 6%+ CAP RATE
*– SAVVY BUYER?* – LIVE IN ONE & RENT THE OTHER – PAYS FOR ITSELF IN UNDER 5 MONTHS
*– PRIMARY HOMEOWNER?* – CONVERT THIS INTO A LARGE SINGLE-FAMILY HOME
*Seriously – DO NOT MISS THIS DEAL!!*
--------
DETAILS BELOW:
THE HOUSE:
Beautiful 25-foot-wide townhouse (approx. 6,900 square feet) configured as two loft-like, high-rent, triplex units, each with multiple outdoor spaces – three oversized terraces plus a garden, approx. 1,920 square feet in total. Delivered vacant, the property presents an ideal opportunity for an investor ready to lease both units, a purchaser desiring to live in one unit and lease the other for additional income or even for conversion back into a single-family home.
Originally built in 1900 and completely renovated including the addition of two floors, the building's two light-filled units are in excellent condition and function almost like separate single-family homes – each as spacious floor-through units on three levels, with high ceilings, modern kitchens, wood-burning fireplaces, up to five bedrooms and three full baths in each, and multiple areas of outdoor space.
--------
UNIT 1:
Approx. 4,000 square feet - features up to 5 bedrooms / 3 full baths (including an optional, separate 1-bedroom/1 bath garden level apartment). Its spacious windowed kitchen adjoining a massive living and dining area offers high-end appliances and overlooks the garden. There is an internal wooden staircase between the floors, high ceilings, and huge windows throughout, two sets of washer/dryers, a wood-burning fireplace, a ductless air conditioning system, a home gym/office, and approx. 1,000 square feet of outdoor space, including a garden and an elevated lounge deck.
--------
UNIT 2:
Approx. 3,000 square feet and features five bedrooms and three full baths. The large kitchen with high-end appliances and breakfast bar opens into an oversized living/dining area with a wood-burning fireplace and dramatic arched windows. There is an internal staircase between each high-ceilinged floor, two separate sets of washer/dryers, a ductless air conditioning system, plus a wet bar and two elegant terraces – one facing downtown and the other facing north with skyline vistas that include the Empire State Building.
--------
LOCATION:
Located on a charming tree-lined block, the house is ideally situated in the hip East Village, close to Nolita, Soho, and Greenwich Village/NYU, with trendy restaurants, shopping, transportation, and entertainment options in all directions. The house is also close to the nearby mega-developments of Essex Crossing and the new Gemini Rosemont complex, which boast such retail as Trader Joe's, Whole Foods, the Essex Market food stall vendors, Target, and Regal Cinemas, to name a few.
Unit Size
6,907Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$854
Property Type
Townhouse
Property Taxes
$3,624
HOA Dues
-
Year Built
1900
Listed By
Last updated: 6 days ago (RLS #PRCH-7585588)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 22, 2024 | In contract | - | |
In contract | |||
Jan 2, 2024 | Price Decreased |
$5,900,000
↓ $350K
(5.6%)
|
|
Price Decreased | |||
Dec 6, 2023 | Relisted | $6,250,000 | |
Relisted | |||
Dec 5, 2023 | No longer available | - | |
No longer available | |||
Oct 23, 2023 | Price Decreased |
$6,250,000
↓ $500K
(7.4%)
|
|
Price Decreased |
Show More
Property Highlights
Fireplace
Interior Details
Bedroom Information
Bedrooms: 10
Bathroom Information
Full Bathrooms: 6
Interior Information
Interior Features: Wet Bar, Breakfast Bar, Bookcases, Builtin Features, Tray Ceilings, Chandelier, Crown Molding, Den, Entrance Foyer, Eatin Kitchen, Granite Counters, High Ceilings, Hisand Hers Closets, In Law Floorplan, Kitchen Island, Kitchen Window, Open Floorplan, Pantry, Recessed Lighting, Storage, Smart Home
Appliances: Built In Gas Range, Bar Fridge, Built In Refrigerator, Dishwasher, Disposal
Living Area: 6907
Room Information
Laundry Features: In Unit
Rooms: 23
Fireplace Information
Has Fireplace
Wood Burning
Fireplaces: 2
Exterior Details
Property Information
Year Built: 1900
Building Information
Other Structures: Guest House
Outdoor Living Structures: Building Deck, Building Patio, Building Terrace, Deck, Patio, Terrace, Balcony, Rooftop
Pets Allowed: Building Yes, Yes
Lot Information
Garden
Lot Size Dimensions: 25.0 x 83.33
Lot Size Source: PublicRecords
Land Information
Tax Lot: 0028
Tax Block: 00443
Financial Details
Tax Annual Amount: $43,493
Location Details
Subdivision Name: East Village
Stories Total: 6
View: Skyline
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
House
7
Beds
5
Baths
5,200 ft²
$1,173/ft²
$6,100,000
Sep 12, 2017
$6,100,000
Dec 3, 2018
-
Condo
4
Beds
2.5
Baths
6,000 ft²
$1,167/ft²
$6,999,000
Feb 25, 2015
-
Feb 5, 2021
$2,112/mo
Condo
4
Beds
2.5
Baths
6,000 ft²
$1,166/ft²
$6,995,000
Aug 27, 2013
-
Feb 5, 2021
$2,112/mo
Sold
Townhouse
Stu
-
5,200 ft²
$1,250/ft²
$6,500,000
Jun 24, 2013
$6,500,000
Mar 19, 2015
-
Co-op
3
Beds
3
Baths
5,000 ft²
$1,218/ft²
$6,090,000
Mar 20, 2014
$6,090,000
Apr 7, 2015
$1,988/mo
Sold
Condo
3
Beds
2.5
Baths
3,000 ft²
$1,883/ft²
$5,650,000
May 17, 2012
$5,650,000
May 15, 2013
$1,994/mo
Active
House
6
Beds
6
Baths
7,868 ft²
$635/ft²
$4,995,000
Apr 18, 2023
-
$11,517/mo
In Contract
Co-op
3
Beds
4
Baths
6,000 ft²
$1,167/ft²
$7,000,000
Aug 1, 2023
-
$8,574/mo
Active
Condo
2
Beds
2
Baths
5,000 ft²
$1,099/ft²
$5,495,000
Jun 27, 2023
-
$6,997/mo
Active
Townhouse
5
Beds
6
Baths
3,920 ft²
$1,453/ft²
$5,695,000
Oct 5, 2023
-
$2,238/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/05/2023
|
|
10 Bed
|
6 Bath
|
6907 ft²
|
$6,750,000
10 Bed
6 Bath
6907 ft²
|
-
-
|
-
|
Paul Gavriani
Engel & Volkers New York Real Estate LLC
|
Building Info
83 East 2nd Street
83 East 2nd Street, New York, NY 10003
- 2 Units
- 2 Units for Sale
About Downtown Manhattan
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