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631 E Sixth St
New York, NY 10009 Alphabet City

$12,500,000 USD

Apartments For Sale  •  6,890 SF

Property Details

• Property Type Apartments
• Total Building Size 6,890 SF
• Lot Size 0.05 AC
• Building Class C
• Year Built 1900
• Zoning R8B

100 Transit Score

100 Walk Score

Highlights

Turnkey Luxury Asset: A fully gut-renovated, 10-unit residential building featuring high-end, modern finishes throughout.

Tax Protection: Highly desirable Tax Class 2B designation, limiting annual assessment increases and stabilizing long-term tax exposure.

Immediate Cash Flow & Full Occupancy: 100% leased with first-month rent concessions already burned off, delivering stabilized, hassle-free revenue.

Modern Tenant Amenity Package: Outfitted with an on-site laundry facility, virtual doorman, and individual tenant-controlled HVAC units.

Low Owner Expenses: Separately metered utilities, with tenants paying all electricity, heating, and cooling costs directly.

Favorable Debt Financing: Includes an attractive assumable loan structure of $7.25M at a 6.48% interest-only rate.

Public Transportation

Commuter Rail	Drive	Walk	Distance
9 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	6 min	-	1.5 mi
14 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH))	6 min	-	1.7 mi
Transit/Subway	Drive	Walk	Distance
1 Avenue (L - New York MTA Subway (The Subway))	4 min	14 min	0.7 mi
Delancey Street (F - New York MTA Subway (The Subway))	3 min	14 min	0.7 mi
Essex Street (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway))	4 min	14 min	0.7 mi
Lower East Side-2 Avenue (F - New York MTA Subway (The Subway))	3 min	14 min	0.7 mi
Astor Place (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway))	5 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
LaGuardia	22 min	-	10.0 mi
Newark Liberty International	24 min	-	13.5 mi
John F Kennedy International	32 min	-	17.9 mi