6 Saint Marks Place

Investment Overview

Lee & Associates has been exclusively retained to sell 6 St. Marks Place, located in the heart of the East Village. The building was originally built by Thomas Davis in the 1830s as part of a row of townhomes which was home to author James Fenimore Cooper before becoming the long-term home of the Turkish bathhouses and Mondo Kim’s during most of the 20th century. Today the elevatored property is anchored by long term retail tenant Barcade with a jujitsu studio and karate dojo above, as well as 2 vacant floors that are ideal for a user. The building is fully sprinkled throughout with each tenant having its own HVAC unit. Recent Building renovations include a 2017 roof replacement ($180k), a 2020 upgrade of the hydraulic elevator panel and an October 2025 installation of a new sprinkler water main ($60k). The current building offers stabilized cash flow in one of Manhattans most sought after areas as well as the opportunity to re-tenant floors 3 and 4, and the future potential for residential conversion.

Investment Highlights

• Prime East Village location - St. Marks Place between 2nd and 3rd Avenue
• 15,600 SF mixed-use asset with retail and office
• Strong in-place cash flow
• Future potential conversion opportunity
• User opportunity