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East Village Historic 5-Family Building
For Sale
$6,600,000

151 AVE B, New York, NY 10009

Historic 5-family building in the East Village with owner's duplex.

Property Size5,590 SF
Lot Size0.05 Acres
Price / SF$1,180
Days on Market167

Property Features for 151 AVE B

General Information

Standard status Active
Size 5,590 SF
Lot size 0.05 Acres
Property subtype Multi Family

Building Details

Year Built 1849
Listing Agency: Stile Real Estate LLC
Listed By: Elizabeth A Stile
Source: Elliman
Added: Mar 11 Changed: Jul 10 Last Checked: Aug 23 at 7:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stile Real Estate LLC

Investment Insights

Based on property information with market context.

Located in the East Village, this five-family building at 151 Avenue B, built circa 1849, presents a rare opportunity. The building, with a lot size of 23 X 93 and a building size of 23 X 54, offers approximately 5590 sq ft of interior space and 1300 sq ft of combined exterior space. The building area is 4416 sq ft. The property is a rare example of a Gothic Revival style townhouse, featuring original details such as double wood doors, a decorative relief beneath the projecting box cornice, and a well-preserved pointed archway with clustered colonettes. The building comprises four full-floor apartments and a penthouse. The apartments feature high ceilings, original wood floors, and decorative fireplaces with marble and wood mantels. The garden floor apartment, formerly the home of Charlie Parker, includes a private landscaped garden. The parlor floor has original pocket doors and three decorative fireplaces. The third and fourth floors each have two bedrooms, with the fourth floor featuring an open country kitchen and an exposed brick wall in the living room. The penthouse apartment includes a private deck, skylights, and a loft space over the bedroom. The garden and parlor floor apartments can be combined to create an owner's duplex. The building has three designations: The New York City Landmarks Preservation Commission, The State Register of Historic Places and The National Register of Historic Places. The archway is featured in "Bricks and Brownstones" by Charles Lockwood.

Key Highlights

  • Rare East Village opportunity: 5‑family building with owner's duplex potential.
  • Historic significance: Formerly the Charlie Parker Residence, with multiple landmark designations.
  • Prime location: Borders Tompkins Square Park, offering unobstructed park views.

Property Analytics

Current Use

Charlie Parker (Yardbird) ... Museum

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Pet Grooming Service Buffet Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

14,015
Businesses Nearby

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 - Historic 5-family building in the East Village with owner's duplex.
Where is this apartment building located?
The property is located at 151 AVE B New York, NY.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: Rare East Village opportunity: 5‑family building with owner's duplex potential.; Historic significance: Formerly the Charlie Parker Residence, with multiple landmark designations.; Prime location: Borders Tompkins Square Park, offering unobstructed park views.
More about this property
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