Total Est. Monthly Carrying Cost:
$29,437 ($6.40/ft2)
Note: the above is based on a down payment of 20% ($950,000),
which is the minimum amount permitted by the building.
Description
RENOVATED 25 FOOT LOFT BUILDING IN PRISTINE CONDITION
First offering. An impeccably maintained artist's studio, luxurious residence, and commercially zoned art gallery in this storied East Village Loft building are now available for purchase.
There is approximately 4600 SF of legal live/work space which includes a sun-filled dramatic double-height living area, 4 bedrooms, 5 bathrooms, and a separate art gallery (possible sound studio) with direct street access.
The property was once the home and studio to a renowned photographer and has been renovated to include modern conveniences with C/A/C.
The residence and studio have unobstructed S/E light and all rooms are well proportioned.
The current offering represents a 5/8's share of the building and its configuration presents many unique opportunities.
431 E 6th Street is a historical building known for its well-regarded residents.
Priced for immediate sale at 4,750,000
Additionally, there is a possibility to purchase a top floor unit in the building for additional space with a wonderful roof terrace.
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