607 E. Sixth St. near First Avenue is the most recent East Village property to appear on the market. Here's the Massey Knakal listing:
A 21‘ 5” wide, 5 story multifamily walk-up apartment building. The building is approximately 5,061 sq. ft. and is currently configured with 5 apartments. The property also benefits from additional unused air rights, southern light, some original detail, and a large 37’ deep garden. As the units are all free market, making the building great single family conversion or live plus invest opportunity.
The price: $3.5 million.
And this is just the latest building to hit the market with both air rights and single-family aspirations.... such as this one on Avenue D ... this one on Avenue B ... or this one on Seventh Street ...