223 East 2nd Street, New York, NY 10009

$7,000,000
Active for Sale
 
Listing ID 55043109
Property Type Commercial Building
County New York
Neighborhood E. Greenwich Village
FEMA Flood Map fema.gov/portal
   
Virtual Tour
An East Village Original. Grandfathered Volume. 223 East 2nd Street rises seven stories above a block where current zoning no longer permits it. At 15,766 square feet - six open loft units, ground-floor commercial, and a basement - the building offers what architects and developers recognize on sight: original bones, loft-scale floor plates, and a facade that has no contemporary equivalent. Architectural Character • Seven-story masonry walk-up, built 1900 • Brick facade with ornate terracotta detailing - arched windows, decorative cornice, carved stonework • Original wrought iron balustrade staircase • Existing elevator shaft - infrastructure in place for future installation • Unobstructed flat rooftop with open Manhattan skyline views Composition • Total: 15,185 sq ft gross floor area • Residential: 13,260 sq ft across 6 units • Commercial: 1,925 sq ft at street level • Lot: 2,165 sq ft (24.75 ft x 88.25 ft) By Floor • Seventh Floor: Four open exposures, 10'4"" ceilings - penthouse configuration • Sixth Floor: 15'9"" ceilings - double-height loft scale • Fifth Floor: 13'8"" ceilings • Floors 3-4: 9'10"" ceilings • Second Floor: Private terrace 24'9"" x 11'4"" • Ground Floor Commercial: 10'2"" ceilings • Full basement Designation & Structure • Building Class: C4 - Old Law Tenement • Tax Class: 2B • Zoning: Conv Ind/Com Residential • Year Built: 1900 Tenancy • Building is registered as an IMD - 1 unit covered, with 1 coverage application filed • Two tenants currently occupy two floors, and neither is paying rent • The building will be delivered vacant except for Units #3 and #4 • The Narrative Statement has been filed and amended (June 2025) Location East 2nd Street sits at the intersection of the East Village's creative legacy and its continued evolution. Flanked by independent galleries, chef-driven restaurants, and decades of cultural history, the address is steps from Tompkins Square Park and the density of the Lower East Side. This is a block that has never been generic - and a building that proves it.
Property Details
  • 7 Full Baths
  • 15185 SF (AG)
  • 15185 SF (Total)
  • Available 5/28/2026
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • % Cap. Rate
Income/Expenses
  • Gross Income -$0
  • Net Income -$0
  • Operating Exp -$0
  • Management Exp -$0
  • Maintainence Exp -$0
  • Legal Exp -$0
  • Insurance Exp -$0
  • Heat Exp -$0
  • Electric Exp -$0
  • Water Exp -$0
  • Parking Exp -$0
  • Misc Exp -$0
  • Total Exp -$0
Listed By
Global Headquarters
Office: 646-934-2776
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