THE CONDO BOOK PROJECT

650 East 6th Street Condominium

650 East 6th Street, Manhattan, NY 10009

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Overview

Units
5 residential
Subway
13 min walk to 1 Av L2 Av F, 13 min
Principals
Terry Martinolle
Average $/sf
$1,866Homes in Schedule A, as first offered
Common charges
$1,809–$2,601 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 - December 31, 2023
Offering price
$6.05 million total

The sponsor of record is East Village LLC, represented by Starr Associates, LLP. The offering plan runs 443 pages. The sponsor has filed 5 amendments, the latest in October 2025. The nearest other condo plan on file is 67 Avenue C Condominium, next door.

Plan CD220089 · New · accepted Aug 24, 2022 · AG record ↗

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FigureThis building1Acacia 11824 units · 0.4 miaccepted 2022No. 142 Flatiron37 units · 1.5 miaccepted 2023
Common ChargesPer Square Foot / Month$1.54Highest$0.42$0.76
Average Offering PricePer Apartment$2.51MLowest$5.57M$3.41M
Average PricePer Square Foot$1,866Below peers$1,904$2,082
Property TaxesPer Square Foot / Month$1.17Below peers$1.54$1.33
Average Unit SizeSquare Feet1,345 SFSmallest2,926 SF1,640 SF

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Unit mix, closings, budgets, finishes and the team, against Acacia 118 and No. 142 Flatiron, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed100% of the homes in Schedule A5 of 5
Closing prices vs. Schedule A2 homes: $4,655,000 at closing against $4,925,000 in Schedule A (p. 51)−5.5%
Average closing price2 homes, on their Schedule A square feet$1,895 / SF
Closingsfirst and latest recordedSep 21, 2023 – Feb 26, 2025

Sales recorded with the Department of Finance (ACRIS) through Jun 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 5 closings
HomeRecordedClosing priceSchedule ADifference
#5Sep 21, 2023$2,210,000$2,425,000 p. 51−8.9%
PHOct 2, 2023$2,445,000$2,500,000 p. 51−2.2%
#3Feb 26, 2025$5,815,952one deed, 3 homes$2,150,000 p. 51—
#4Feb 26, 2025$5,815,952one deed, 3 homes$2,225,000 p. 51—
THFeb 26, 2025$5,815,952one deed, 3 homes$3,250,000 p. 51—

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
East Village LLC
Principals
Terry Martinolle
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
Construction lender
SPICE SECURITIES SCOOP SA Compartment 5$11.3 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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