Friday, August 7, 2015

Put all your eggs together and buy The Robyn

Residents started moving into The Robyn, the 33-unit luxury rental at 316-318 E. Third St., late last summer.

Now the whole building between Avenue C and Avenue D has arrived on the market.

Here's the listing via Cushman & Wakefield:

The building, known as “The Robyn,” was completed in 2014 using high quality, energy-efficient materials and features a virtual doorman, video security, and a common patio. Each apartment features stainless steel appliances and granite kitchens, baths, and in-unit washer/dryers. In addition, multiple residences feature private outdoor space. The building is 100% leased at a below market average in-place rent of $59/NSF.

The property benefits from a 421a tax abatement with eight years remaining. The building is centrally located in the East Village and within steps of the Lower East side providing a tremendous variety of the city’s best restaurants and nightlife. It is also steps from the 14D bus stop and four blocks from the F train stop at 2nd Avenue. This is an excellent opportunity for an investor to purchase a high cash flowing, low maintenance asset in the heart of the East Village.

No word on the price in the listing.

And is East Third Street between Avenue C and Avenue D really "in the heart of the East Village" like the listing says? (You actually don't have to answer that.)

The lot was formerly home to a single-family residence. Preservation groups to try to protect the circa-1835 house from demolition, but the Landmarks Preservation Commission rejected a hearing.

Image via Cushman & Wakefield

Previously on EV Grieve:
Another parcel of East Village land ready for development

33-unit, Karl Fischer-designed building rising at former home of Community Board 3 member

Landmarks Preservation Commission rejects hearing for 316 E. Third St., paving way for 7-floor condo

Lovely townhouse with bucolic gardens on East Third Street ready for "creative expansion"

316 E. Third St. has been demolished

This Robyn laid some luxury apartments on East 3rd Street; pet spa included


Gojira said...

I hope that despicable two-faced hypocrite Barden Prisant is choking on the money he made by selling his lovely townhouse while simultaneously selling out the neighborhood he claimed to love so much.

Anonymous said...

Waiting a minute: it's in the East Village and steps away from the Lower East Side? Is this a parallel universe?

Scuba Diva said...

"The East Village is, face it New Yorkers, the Lower East Side."

—Gail Parent, Sheila Levine is Dead and Living in New York