431 East 6th Street, #3

Offered for the first time in over 40 years, Loft 3 at 431 East 6th Street is an exceptionally unique two-bedroom, two-bath, 1,900 square foot residence with its own rich New York City story. In the 80’s, the former abandoned synagogue was purchased by a group of artists as tenants in common, transforming the building into beautiful loft spaces. As the neighborhood reshaped into a cultural artistic hub, the curators created vibrant residential spaces in their new homes.

One of the original owners was legendary artist and photographer, Bill Wegman, known for his black and white portraits of dogs; during his tenure in the building, he shot the cover of the B-52s "Whammy" album, among other notable images.Loft 3 is the last remaining original offering and the most coveted as it is owned by a notable designer who has transformed the space into a high-design space. After a recent gut renovation, the loft presents the perfect blend of classic pre-war character and contemporary splendor. The meticulous restorations have cemented original details such as tin ceilings, moldings, stunning hardwood floors, and an exquisite large skylight in the middle of the home offering pristine sunlight throughout the day. Additionally, the added touches of recessed lighting and modern light fixtures throughout add to the dramatic aesthetic.

Upon entry, you are struck by the enormous eat-in chef’s kitchen with three large windows overlooking the treetops below, room for a full dining table and appointed with top-of-the-line appliances and plethora of culinary storage. With an intuitive flow and a personality all its own, the home offers light-filled interiors, ten expansive windows with three exposures and a palatial dining and living area creating an enviable open flow, ideal for entertaining. The primary bedroom is spacious and lovely with a large walk-in closet and overlooks leafy green trees for a tranquil setting.

An added bonus of a stylish office nook off of the secondary bedroom offers the perfect for work-from-home environment. Equally impressive are the beautifully renovated bathrooms: the primary features a large double-vanity, accented porcelain floors and a large spa-like shower, and the secondary has a crisp and classic fresh white-tiled design. An in-unit washer/dryer and split-system air conditioning complete this well-considered floorplan.

A turnkey offering with low monthlies, this investment represents real value in this economy. 431 East 6th Street is a Tenants in Common, investor-friendly building. Cash-only purchase is required, and a waiver of right of first refusal is issued for the purchase.

Co-purchasing, pied-a-terre, short-term rentals within NYC guidelines of 30 days or more are all allowed. The tenants in common presents a unique structure with more flexible building rules and a possible future condo conversion.

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