Townhouse living on 5th Street for $7.5 million

There's a new listing for 526 E. Fifth St., a single-family residence between Avenue A and Avenue B.

Here are a few highlights via the listing at Compass:

526 East 5th Street is a 20 foot wide single family townhouse spanning over 5,200 square feet across four stories. Originally built in 1900, a modern restoration led by renowned architect Annabelle Selldorf resulted in masterful engineering paired with character rich details. The impressive features include a 35 foot deep extension, exceptional light through four exposures, wide plank reclaimed floors, and a triple exposure windowed kitchen.

And!

One of the highlights of this home is the entire fourth floor devoted to the master suite. Stretching across this level is the oversized master bedroom with a wood burning fireplace, dressing room, incredible windowed bathroom, and sunlit private den with exposed beams. This one-of-a-kind bathroom is lined with custom Moroccan fish scale tiles and features a dual vanity, claw foot tub and oversized stall shower. The charming den has floor-to-ceiling sliding glass doors with a juliet balcony, a black marble powder room and a spiral staircase leading to the roof deck.

Additional amenities include a roof deck with treetop and downtown Manhattan views, a full sized laundry room on the garden level, brand new wiring and mechanicals, central AC, massive storage cellar and Citiquiet windows.

The listing has many interior shots... and in case you wondered what happened to the signage from Allied Hardware on Second Avenue. (Icon Realty wouldn't renew their lease.) We heard that the hardware store owners sold the sign for $100...



The asking price is $7.5 million.

Several years ago the multiple-dwelling building became a single-family residence. The new townhouse arrived on the market for $8.45 million in 2013.

An LLC called 526 E. 5th Street with a Brooklyn address bought the building for $3.2 in 2011. It changed hands to an LLP in 2015 for $6.5 million, per public record. It's unclear if any actual humans were living here.

This East Village residence has its own screening room

There are new listings for 310 E. Ninth St. near Second Avenue, where the Google Street View car immortalized these people enjoying some Mud Coffee on the front stoop...

Per the Corcoran listing:

Brand New Exclusive ... 3500SF (approx) Exquisite Residence featuring 3 Floors of Living with 3 Bedrooms, 2.5 Bathrooms, Parlor Level with Master Suite, Garden Level with Private Backyard/Patio ...

The Formal Parlor Room with Wood-Burning Fireplace and 11’ Ceilings defines elegance and is the perfect way to welcome guests into your home. The Spacious Master Suite has an Elevated Bedroom, Dressing Area, extra-large Soaking Tub and Separate Shower Enclosure. Descend the Staircase to the Garden Level with its 20' Ceilings, Wall of Windows exposing the Tranquil Backyard/Patio and allowing Bright, Southern Light to dramatically illuminate the residence. Chefs will revel in the restaurant-worthy Kitchen with Granite Countertops, Stainless Steel Appliances, Wolf Stove and Hood, SubZero Fridge, Miele Dishwasher, Exposed Wood-Beam Ceilings and great cabinetry.

Another Wood-Burning Fireplace, Wall of Exposed Brick and Recessed Lighting provide a cozy feel to the enormous Living Room. The Recreation/Screening Room Level is outfitted with a Projector and Movie Screen.

Sadly, no photos of the screening room.

Oh. Price: $17,500.

Some unknown LLC bought the building in May 2010 for $3.2 million. Anyway, if this rental is too much, then there's another unit at 310 for just $12,500.

Another former East Village funeral home now on the market

On Monday, we had an update on the former Sigmund Schwartz Gramercy Park Chapel on Second Avenue ... there's news about another former East Village funeral home now, though nothing quite as dramatic as a three-story extension courtesy of Ramy Issac that will happen on Second Avenue...

The former Brettschneider Funeral Home at 49 Seventh St. just east of Second Avenue is on the market for $5.2 million. The funeral home moved out in 2005 (or was it early 2006?).

The Corcoran listing notes that three of the five units received gut renovations in 2006. And here's part of the rest of the listing:

Exceptional investment opportunity for five free market apartments in a prime East Village location ... Erected between 1857-1862, this well-maintained 25'x74' townhouse is built on a 25'x93.5' lot with a garden, totaling 6,826 interior square feet. Each of the five apartments occupies an entire floor ... Four of the five apartments can be delivered vacant. With the exception of the first floor one-bedroom apartment, each rent paying occupant is on a month-to-month lease, paying below market rents of $3,800, $3,900, and $4,000 per month. There is significant potential for rent increases, as similarly sized apartments in the neighborhood command higher prices. The first floor occupant will remain for an additional ten year lease term.

Here's a shot of how the funeral looked a few years ago ...

[Via Flickr]

356 E. Eighth St. back on the market

The building at 356 E. Eighth St. between Avenue C and Avenue D has been on the market a few times in recent years...

And the listing appeared again last Friday. It's now going for $3.75 million. Here are the details via Streeteasy:

AMAZING EAST VILLAGE TOWNHOUSE OPPORTUNITYPOSSIBLE OPTION TO CREATE A SINGLE FAMILY RESIDENCE, OWNERS RESIDENCE PLUS INCOME, OR INVESTMENT PROPERTY. This historic townhouse is located on a beautiful tree-lined street, just a block away from Tompkins Square Park in the chic East Village! With approx. 3000sf already built, and 6211sf in total potential use, this is the ultimate investment opportunity. The building consists of 4 fair market apartments and a basement level. The current rent-roll potential is $144,000, but with minor renovations to each unit could reach $164,000 (potential cap-rate over 4%). The building borders a huge and beautiful planted garden offering views from the building’s east side. The lot size is 18.5 X 97.5 and the building is 18.5 X 40 with the potential to extend at least 25 additional feet from the back of the building (the first floor has already been extended). First floor: Owner’s bi-level floor thru with private deck and garden. Second Floor: 2 bedroom floorthru with one bath paying $3000/mo. Third Floor: 1 bed with home office, wide plank floors, amazing garden views paying $2600/mo. Third Floor: 2 bedroom, great views paying $2825/mo. BUILDING CAN BE DELIVERED VACANT WITHIN 90 DAYS. The annual taxes are an exceptionally low $1,139! BE THE THIS BEAUTIFUL TOWNHOUSE’S FIRST OWNER IN ALMOST 30 YEARS

Previous listings didn't mention anything about being delivered "vacant" though.

Inside the homes of two East Village chefs

Today, the Post's real-estate section goes inside the East Village homes of two local restaurateurs — chef Eduard Frauneder of Avenue C's Edi & the Wolf and Nicholas Morgenstern of Fifth Street's Goat Town.

From the Frauneder piece:

[T]he artwork that’s now occupying most of Frauneder’s time are the sketches of the outdoor space at Edi & the Wolf. He hopes to turn the space into a 35-seat “wine garden” this spring, with special “hyper-seasonal” tasting menus to be offered Thursday to Saturday.

“That rustic feeling inside will translate into the back yard,” he says. As will the tenor of the restaurant — one based on the heuriger’s casual, all-embracing approach.

“That’s the spirit of the East Village, too,” Frauneder says. “Where the politician sits next to the truck driver. Where they can eat something simple but good.”

And from the Morgenstern piece... he has a desiccated wasp nest in his apartment and he describes the communal area behind his East Third Street apartment as "an East Village version of 'Melrose Place.'"

[Frauneder photo by Zandy Mangold via the Post]

All you need is cash on East Sixth Street

At $269,000, this two-room studio on East Sixth Street is one of the least-expensive homes on the market. (And the seller reduced the price by 10 percent last week...)





Here's the listing ... do those last three words give you pause?

East Village charmer! This lovely two-room studio has been recently renovated and boasts a modern kitchenette with a Gaggenau range, and cheerful custom bath with yellow and white penny tile. Classic prewar details include original pressed-tin ceilings, exposed brick and exposed beams. The layout of this studio is very functional, with sliding doors separating the sleeping quaters from the front of the apartment. Great light and open city views make this well-worth the walk up to the fifth floor! CASH BUYERS ONLY

Your chance to "escape from the world" on East 12th Street

Over here at 407 E. 12th St. between Avenue A and First Avenue, there's a new listing for a condo penthouse for the terrace lover in you. (And you.) Sure, I could talk it up, but let's have the listing do that...

CONDO PENTHOUSE WITH 2 TERRACES
This very special triplex home with 2 private terraces includes a large planted roof terrace and is an oasis in the heart of the East Village. Enter into a large living room/dining room combination with a modern galley kitchen and a powder room. A dramatic staircase with double height ceilings leads you to the second floor Master that contains a separate sitting room, private bath and the first terrace. Continue on to the third level to the second bedroom with an additional loft suitable for storage or sleeping, and another full bath. From here you can enter your very private roof deck with electricity and water, a wonderful space for entertaining or as an escape from the world. The apartment has a north/west exposure with wonderful light and skyline views and a top of the line full size washer and dryer.

And here it is...







Two terraces equals two raging keggers at a time! But the price is a little more on the champagne side: $1.299 million.