223 East 2nd Street, New York, NY 10009

This seven-story masonry walk-up at 223 East 2nd Street was built in 1900 and features an ornate brick facade with terracotta detailing, arched windows, and a decorative cornice. The building includes six open loft units totaling 13,260 square feet residential, plus 1,925 square feet of ground-floor commercial space and a basement. A flat rooftop provides unobstructed Manhattan skyline views, and an existing elevator shaft infrastructure is in place for future installation. Interior ceiling heights vary by floor, including double-height loft scale on the fifth floor and a private terrace on the second floor, with additional configurations on the third through seventh floors.

The property sits on a 2,165 square-foot lot measuring approximately 24.75 feet by 88.25 feet. The building is described as having grandfathered volume in an area where current zoning no longer permits the same height. The tenancy is registered as an IMD, with one unit covered and one coverage application filed. Two tenants currently occupy two floors, and the building will be delivered vacant except for Units #3 and #4.

For buyers or operators seeking a distinctive mixed-use redevelopment or value-add project, the existing layout provides both residential loft-scale floor plates and street-level commercial space. With its retained original building character, rooftop access, and elevator shaft readiness, it supports a range of conversion and repositioning approaches within the constraints of the property’s current IMD registration and planned delivery conditions.