NOT LISTED FOR SALE

Estimated Value: $763,000 - $1,068,035

-- Bed
1 Bath
638 Sq Ft
$590/mo HOA Fee

Last Sold December 22, 2022

Last sale price $780,000 $1,223 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,706/month

75 Days on Market

Highlights

  • Pre War Building
  • P.S. 110 Florence Nightingale Rated A
  • 3-minute walk to Tompkins Square Park

About This Home

As of December 2022

Prime East Village Studio Condo that can be easily converted into a 1 Bedroom. Investors welcome!

This studio is flooded with natural light from oversized north, east, and west facing windows in a prime East Village location. The layout makes it easy to convert into a 1 bedroom, with plenty of space to live and dine. Features of this fabulous condo include pristine hardwood floors, oversized windows, a convenient in-unit washer/dryer, and beautiful exposed redbrick walls. The kitchen features a breakfast island, dishwasher, and recently refreshed cabinetry.



A tasteful entryway leads into a grand open concept living space saturated with southern light. The studio is large enough to accommodate distinctive living, dining, and sleeping areas, while the kitchen is equipped with an eat-in island and sleek granite countertops. A wall can easily be added to create a separate bedroom. The bathroom features decorative tiling and a tub/shower combination. An in-unit washer/dryer, custom shelving, and ample closet space complete this wonderful home.

509 East 6th Street is a boutique condominium nestled a block from Tompkins Square Park, and among the most vibrant East Village attractions. It is surrounded by a multitude of trendy restaurants, bars, cafes, and shops, and it is in close proximity to the Lower East Side, Soho and Greenwich Village. The building has an elevator and an intercom system. Nearby subway lines include the L/6/R/W.

Photos are virtually staged.

Last Agent to Sell the Property

John Shaughnessy

Serhant License #10401356671 Listed on: 07/08/2022

Serhant

Co-Listed By

Nicole Palermo

Serhant License #10401250133

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,516

Year Built

  • Built in 1920

Lot Details

  • 2,265

HOA Fees

  • $590 Monthly HOA Fees

Home Design

  • 638 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 8 Units
  • Alphabet City Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,516

Year Built

Built in 1920

Lot Details

0

HOA Fees

$590 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Alphabet City
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 638.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 590.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 2272.0
  • Lot Size Dimensions: 0.05 x 0.0

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 6
  • Year Built: 1920

Tax Info

  • Tax Block: 0
  • Tax Annual: 12516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Dec 22, 2022
Sold by
Zt Properties 1 Llc
Bought by
The Nyc Little Gem Llc
Seller's Agent
John Shaughnessy
Serhant
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
2
Current Estimated Value
$911,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,509
Avg. Annual Appreciation
2.10%
Original Mortgage
$390,000
Outstanding Balance
$378,714
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,426

Purchase Details

Closed on
Dec 18, 2015
Sold by
Alq Llc
Bought by
Zt Properties I Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Nyc Little Gem Llc $780,000 --
Zt Properties I Llc $834,965 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Nyc Little Gem Llc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Off Market $780,000 -- --
12/22/2022 12/22/22 Sold $780,000 -2.4% $1,223 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $799,000 -- $1,252 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,261 $123,130 $15,453 $107,677
2024 $14,261 $114,071 $28,901 $98,603
2023 $12,990 $105,897 $17,231 $88,666
2022 $12,515 $192,397 $28,901 $163,496
2021 $11,619 $153,900 $28,901 $124,999
2020 $11,814 $149,428 $28,901 $120,527
2019 $11,067 $124,506 $28,901 $95,605
2018 $10,361 $81,459 $22,690 $58,769
2017 $10,008 $78,686 $24,964 $53,722
2016 $9,393 $72,858 $28,882 $43,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10816061

Real Estate Board of New York (REBNY)

APN: 0402-1207