6 Saint Marks Pl - Storefront FOR SALE


New York, NY 10003- East Village
$10,380,000 USD
212-776-1200
6 Saint Marks Pl, New York, NY for Sale
$10,380,000 USD
Storefront - FOR SALE
1/40
null | Request Cap Rate

NEW


6 Saint Marks Pl
New York, NY 10003
East Village


HIGHLIGHTS

  • Prime East Village location - St. Marks Place between 2nd and 3rd Avenue
  • 15,600 SF mixed-use asset with retail and office
  • Strong in-place cash flow
  • Future potential conversion opportunity
  • User opportunity

OVERVIEW

Lee & Associates has been exclusively retained to sell 6 St. Marks Place, located in the heart of the East Village. The building was originally built by Thomas Davis in the 1830s as part of a row of townhomes which was home to author James Fenimore Cooper before becoming the long-term home of the Turkish bathhouses and Mondo Kim’s during most of the 20th century. Today the elevatored property is anchored by long term retail tenant Barcade with a jujitsu studio and karate dojo above, as well as 2 vacant floors that are ideal for a user. The building is fully sprinkled throughout with each tenant having its own HVAC unit. Recent Building renovations include a 2017 roof replacement($180k), a 2020 upgrade of the hydraulic elevator panel and an October 2025 installation of a new sprinkler water main ($60k). The current building offers stabilized cash flow in one of Manhattans most sought after areas as well as the opportunity to re-tenant floors 3 and 4, and the future potential for residential conversion.

FOR SALE DETAILS

PRICE

$10,380,000 USD

PRICE/SF

$665 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R8B, C6-1

APN/PARCEL ID

0463-0012

ASK ABOUT THIS PROPERTY

Thomas GamminoLee & AssociatesMore Info
212-776-1200

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Thomas GamminoLee & AssociatesMore Info
212-776-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.