Investor opportunity at a conservative 6.5% CAP Rate, post renovation, or the chance to create your own vision as an end user! A rare East Village condominium with a large private outdoor space, this charming home offers exceptional character, scale, and potential in a prime downtown location.
South-facing windows in the living room fill the home with natural light and highlight its soaring 12 foot ceilings, exposed brick, working fireplace with mantle, ornate crown molding, and stunning original plaster medallion. The existing kitchenette can be retained, while an upper-floor residence in the building provides precedent for expanding the kitchen into the living and dining area, creating an opportunity to reimagine the space to suit your needs.
The generously sized bedroom accommodates a king-size bed and additional furnishings, with whitewashed brick and lush green views providing a serene backdrop. Step directly outside to the home's large private terrace, an uncommon amenity in the East Village and an ideal setting for morning coffee, entertaining, or simply enjoying a quiet moment above the city. Original wide-plank hardwood floors throughout further enhance the warmth and character of this special home.
Located in a boutique four-residence condominium, the building offers a truly intimate setting in the heart of the East Village. Step outside and you're immediately surrounded by the neighborhood's celebrated restaurants, nightlife, cafés, and downtown energy. Pets are welcome, making this an ideal full-time residence or pied-à-terre.
Conveniently located near Union Square, Astor Place, and Tompkins Square Park, with access to the L, 6, R, and W subway lines. Please note: the residence is located on the second floor of a walk-up building, one flight above street level.
A distinctive home with original character, meaningful outdoor space, and the opportunity to make it entirely your own.