6 E 2nd St

Jones Lang Lasalle (“JLL”) has been retained on an
exclusive basis to arrange for the sale of 6 East 2nd Street
(“The Property”), a four-story 6,420 square foot mixeduse building located on the north side of East 2nd Street
between Bowery and 2nd Avenue at the nexus of the East
Village, NoHo and Nolita. The property is the former home
of Ramones’ lead singer Joey and bassist Dee Dee and
hosted one of the band’s earliest shows. Nearby Albert’s
Garden is where the band paid $125 in 1976 for a blackand-white picture from Punk Magazine, featuring a brickwall background, for their debut album titled “Ramones.”
This image on East 2nd Street is considered one of the most
important and definitive music images of the 1970s. Situated
in one of the most desirable pockets in Lower Manhattan,
the Property presents a unique opportunity for an investor
or owner-user to obtain a cash-flowing asset with potential
for tremendous upside.
The 1,605 square foot lot currently houses three free-market
residential units which are each approximately 1,605 square
feet and can be flexed to four-bedroom residences. These
exceptionally spacious full-floor lofts are perfect for an
end-user. Significant in-place cash flow with potential for
upside, by renovating units two and four, coupled with little
management fees and operating expenses adds to the allure
for a user or investor. The property is also Tax Class 2A
which means taxes cannot increase more than 8% per year
and no more than 30% over five years which solidifies this
property as an exceptional user or investment opportunity.
6 East 2nd Street sits in a preeminent downtown location
steps from the iconic Great Jones and Bond Streets which
are home to restaurants il Buco, Bond St, Lafayette Grand
Café and Bakery, Bar Primi and many more. A few nearby
shops include trendy Kith, Adidas for the sporty and REI
for the adventurous. Only minutes from New York’s premier
shopping corridor, Broadway in Soho, any needs are easily
accessible within a 15 minute walk from the Property.
Nearby Greenwich Village is home to NYU with over
60,000 students and contributes to the desirability of the
neighborhood.
The central location of 6 East 2nd Street has extremely
attractive transportation options. The Bleecker Street 6
station is a five minute walk and two stops away from Union
Square providing access to the 4 5 N Q R W L trains
which makes access to other neighborhoods in Manhattan
and Brooklyn seamless. For those yearning for greenery,
Washington Square Park, Tompkins Square Park and Union
Square are all within walking distance from the Property.