Building Details

Stories 5

Listing Agency: Baseline Real Estate Advisors

Listed By: Michael Sherman · License #NY 10491210823

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Sep 2 at 12:49AM

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Investment Insights

Based on property information with market context.

This five-story walk-up apartment property contains 14 residential units and offers 25 feet of frontage. The building is fully occupied, with an established residential configuration.

Located at 506 E 6th St in New York’s East Village, the property sits near Avenue A and E 6th St. Tompkins Square Park is one block away, and the 4, 6, and F trains are within steps of the building.

Key Highlights

• 14‑unit apartment building
• Five‑story walk‑up configuration
• 25 feet of frontage

Property Analytics

Property Profile

Current Use

Affordable House Renovation Construction Company

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Pet Grooming Service Buffet Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14

Residential units

100%

Occupancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

15,844

Businesses Nearby

Explore this area Business Placement

Demographics for 10009, NY

61,716

Population

32,375

Households

1.9

Avg Household Size

36

Median Age

63%

College-Educated

87%

High-School Grad

0.6 sq mi

ZIP Area

102,860

Density / Sq Mi

$87,963

Median Household Income

$84,069

Median Earnings

$1,925

Median Rent

$690,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-story residential property with full occupancy and proximity to transit and Tompkins Square Park.

Where is this apartment building located?

The property is located at 506 E 6th St New York, NY.

What are key features of this property?

This property features: 14‑unit apartment building; Five‑story walk‑up configuration; 25 feet of frontage