Two-Unit Residential Duplex
746 E 6TH Street, Manhattan, NY 10009
For Sale
$5,375,000
Two three-bedroom residences feature separate building systems and private outdoor areas.
Property Size4,752 SF
Lot Size0.05 Acres
Price / SF$1,131
Days on Market56
Property Features for 746 E 6TH Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Opportunity Zone
Taxes and HOA fees
Annual Taxes
Amenities
private backyard
private terrace
roof deck
central air conditioning
washer/dryer
gas fireplace
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Corcoran Group
Listed By:
Glenn E Schiller · License #30SC0737683 (NY)
(212) 941-2561
Source:
Dallien
Added: Sep 15
Changed: Nov 8
Last Checked: Nov 8 at 3:24PM
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 Corcoran Group
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Investment Insights
Based on property information with market context.
This 4,752-square-foot Manhattan townhouse contains two three-bedroom duplex residences, each with 2.5 bathrooms and a separate entrance. The lower residence includes a private backyard; the upper home has a terrace and finished roof deck. Both units have independent heat, hot water, and central air conditioning, and are scheduled for delivery vacant. The property has a certificate of occupancy for two-family residential use and was built in 1899.
The building measures 22 feet wide by 42 feet deep on a 97-foot lot and is zoned R8B. It is also within an Opportunity Zone and has 5,504 square feet of unused development rights. The property is on East 6th Street in the East Village, near Tompkins Square Park and the East River waterfront.
The building measures 22 feet wide by 42 feet deep on a 97-foot lot and is zoned R8B. It is also within an Opportunity Zone and has 5,504 square feet of unused development rights. The property is on East 6th Street in the East Village, near Tompkins Square Park and the East River waterfront.
Key Highlights
- Two three‑bedroom duplex residences, each with 2.5 bathrooms
- 4,752 square feet; 22 feet wide by 42 feet deep on a 97‑foot lot
- 5,504 square feet of unused development rights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,825
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,216,500
$3.2M
Cap Rate 7%
$2,297,500
$2.3M
Cap Rate 9%
$1,786,944
$1.8M
Market Conditions
NOI Build-Up for 4,752 SF
Gross rent
$242.4K $51.00/SF
− Vacancy
−$12.6K −$2.65/SF
EGI
$229.7K $48.35/SF
− OpEx
−$68.9K −$14.50/SF
NOI
$160.8K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,216,500
Cap Rate 7%
$2,297,500
Cap Rate 9%
$1,786,944
Alternative Uses
Best Use
Multifamily LT 5
$2.30M
$2.01M – $2.68M
NOI $160,825 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$2.12M
$1.86M – $2.48M
NOI $148,677 @ 7.0% cap · market cap 2.77%
Theoretical Best
Specialty Retail
$11.83M
$10.35M – $13.80M
NOI $827,988 @ 7.0% cap · market cap 15.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,246
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
$690,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in New York County, NY
Properties on Market for Duplexes in New York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature separate building systems and private outdoor areas.
Where is this duplex located?
The property is located at 746 E 6TH Street Manhattan, NY.
What is the asking price?
The asking price for this property is $5,375,000.
What are key features of this property?
This property features: Two three‑bedroom duplex residences, each with 2.5 bathrooms; 4,752 square feet; 22 feet wide by 42 feet deep on a 97‑foot lot; 5,504 square feet of unused development rights
