Wednesday, October 9, 2024

East Village building with Ramones history is back on the sales market

Images via LoopNet 

An East Village building at 6 E. Second St. with a lot of Ramones history is once again on the sales market. 

A listing for the four-level building just east of the Bowery — at Joey Ramone Place — recently appeared on LoopNet, with an asking price of $10.8 million. 

A loft in the four-level building was the longtime home of Arturo Vega, the artistic director of the Ramones and creator of the band's iconic logo. 

Jones Lang Lasalle has the listing, which plays up the Ramones' connection to the building's history: 
The property is the former home of Ramones' lead singer Joey and bassist Dee Dee and hosted one of the band's earliest shows. Nearby Albert's Garden is where the band paid $125 in 1976 for a black-and-white picture [ed note — taken by longtime EV resident Roberta Bayley] from Punk Magazine, featuring a brick-wall background, for their debut album titled ... This image on East 2nd Street is considered one of the most important and definitive music images of the 1970s. Situated in one of the most desirable pockets in Lower Manhattan, the Property presents a unique opportunity for an investor or owner-user to obtain a cash-flowing asset with potential for tremendous upside. 
There are three residential units and a retail space (the John Derian Company). 

No. 6 was listed for $7.25 million in the summer of 2020 and, according to public records, sold for $5.8 million in November 2021. 

The building also has a nice rear view of the New York Marble Cemetery on Second Avenue...
Other onetime residents here include Fayette Hauser, John Flowers and Pam Tent of the Cockettes. 

As for the Ramones, plenty has been written about their relationship with the space (Joey and Dee Dee lived here early on, the band signed their first contract on Vega's coffee table, etc.)... and here's footage of the band playing in the loft in February 1975...

7 comments:

  1. It's a great location. Don't have $10+ Million, though. Price has doubled in 5 years. (Sigh.)

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    Replies
    1. This will make a good investment for your kids ;)

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  2. They didn’t play in 6400 sq ft loft. The whole building is probably 6400 sq ft. They would have played in a 1500 sq ft loft, which is even better

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  3. At this point, I can recognize real estate agents and their clients at 10 paces. Walked by there a half hour ago and saw two people looking at it and thought something is being sold here. Twice the price in just a few short years. Predatory capitalism really does absolutely nothing for the neighborhood or community.

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  4. Thank you for this!
    New York Marble Cemetery

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  5. So the buyer is essentially flipping the property after a couple of years. This kind of real estate shit only benefits the seller & the agent.

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  6. Did I read the brochure wrong or does it imply you are buying the cemetery (green space) as well?

    ReplyDelete

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