Wednesday, April 20, 2011

Another building for 'single family conversion' — with air rights!


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 ...

2 comments:

  1. On the bright side. If the conversion happens, the neighbors will only have to endure one uber-entitled family and their staff, instead of five market-rate apartments full of uber-entitled 24 Hour Party People.

    ReplyDelete
  2. that's a pretty big backyard

    ReplyDelete

Your remarks and lively debates are welcome, whether supportive or critical of the views herein. Your articulate, well-informed remarks that are relevant to an article are welcome.

However, commentary that is intended to "flame" or attack, that contains violence, racist comments and potential libel will not be published. Facts are helpful.

If you'd like to make personal attacks and libelous claims against people and businesses, then you may do so on your own social media accounts. Also, comments predicting when a new business will close ("I give it six weeks") will not be approved.