The five-story townhouse at 407 E. Sixth St. between First Avenue and Avenue A is now on the sales block.
Cushman & Wakefield has the listing, which notes that the building can be converted into a single-family home. Also, according to the listing, the recent renovations here apparently made it a very quiet place to live...
Originally built in the early 1800s this townhouse now consists of 4 high-end residential apartments, all of which are free market, and thus the building is positioned for an easy conversion to a single family home. The garden floor (a few steps down) and 2nd floor consist of a beautiful and spacious duplex apartment that has 5 bedrooms, 3 bathrooms, 2 laundry rooms and an 800SF rear yard/garden. The 3rd, 4th and 5th floors consist of 3-bedroom, 2-bathroom apartments.
As a bonus, the basement has a large open finished storage space (approx. 700SF) with rear yard access. From 2014-2016, the property underwent a high-end gut renovation, including steel superstructure, high efficiency heating/cooling, full insulated hurricane windows (eliminating the need for security gates), all LED lighting, complete closed cell urethane insulation, soundproofing, steel superstructure with foundation footings/grade beams, silicone integrated roof coating on top of new EDPM roof system, separately metered utilities/systems are new from the street throughout the building, all exterior walls are protected with brick ties/rods.
The result is one of the best built, most energy efficient, sound-proofed properties in NY. This property is ideal for an investor to operate the building as a 4 family (plus bonus space) and utilize the air rights down the road, or for an owner/user who can occupy all or a portion of this gut renovated gem.
Asking price: $9.5 million.
The building has been on the market several times through the years, most recently in July 2012, when it was seeking $3.5 million. Public records indicates that the property sold for $3.6 million in December 2012. That sound-proofing really pays off.
