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Updated 2 hours ago

514 East 5th Street


New York, NY

Studio - 2 Bed
•
1 Bath

200 Sq. Ft.

Available starting Aug. 1st
Floor plans
Studio • 1 Bath
$2,675 - $2,800
200 ft2
1 Available
Managed By: MetroNest, LLC
Unit 08
$2,675+
Available Aug 1st, 2026
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2 Beds • 1 Bath
$4,500
200 ft2
1 Available
Managed By: MetroNest, LLC
13-14
$4,500
Available Sep 1st, 2026
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Where you'll live
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514 East 5th Street
514 East 5th Street
514 East 5th Street
Location ratings
Walk Score®
100
Walker's Paradise
Amenities
Gated Entry
Short Term Lease
Fees & leasing info
Lease & Fees
Lease Length:

None

Property details
Description

Located minutes from the shaded, leafy Tompkins Square Park and vibrant St. Marks Place, 514 East 5th Street is a convenient and affordable choice for an apartment rental in East Village.
This classic six-story building situated in the heart of the East Village features multi-bedroom, co-living shares and convenient amenities, including four-bedroom rental apartments, keypad entry, surveillance and an intercom. This East Village apartment building offers short-term (3 + months), ultra-short term (minimum 2 months) academic lease term, summer rentals, and long-term lease options. 514 East 5th Street is part of an identical string of period buildings along the street, which make a striking impression on anyone who passes by. Certain rear-facing apartment units have fantastic garden views.
This building is close to NYU -- which means that undergraduate and graduate students from around the globe will find the East Village apartments at 514 E 5th street a good fit. Not only are they a gr

Additional Details
Total Unit Count: 18
Last Updated: Updated 2 hours ago
Contact Number: (212) 533-1300
Office Hours
Monday: 9:00 AM - 7:00 PM
Tuesday: 9:00 AM - 7:00 PM
Wednesday: 9:00 AM - 7:00 PM
Thursday: 9:00 AM - 7:00 PM
Friday: 9:00 AM - 7:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Xchange Telecom Corp. 1000.0 1000.0
Verizon Communications Inc. 940.0 880.0
Charter Communications 940.0 35.0
Starry, Inc. 200.0 200.0
Nuvisions Solutions, LLC 100.0 100.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 514 East 5th Street by bedroom type below.
Studio
Suggested income:
$96,300
per year
2 Bedroom
Suggested income:
$162,000
per year
Rent report

514 East 5th Street Rent vs. New York Average

 514 East 5th Street      New York Average
Studio
$2,675
$3,846
$0
$1,250
$2,500
$3,750
$5,000
2BR
$4,500
$4,372
$0
$1,500
$3,000
$4,500
$6,000

514 East 5th Street is asking 3% more than the average 2 bedroom apartment in New York.

If you upsized to an average priced New York 3 bedroom apartment, you would pay 20% more per month.

If you downsized to an average priced New York 1 bedroom apartment, you would pay 4% less per month.

514 East 5th Street provides 79% less square footage than the average New York 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
514 East 5th Street
Studio $2,675 $13.40 $8,025
2BR $4,500 $22.50 $13,500
New York Average
Studio $3,846 $7.40 $11,538
1BR $4,203 $6.00 $12,609
2BR $4,372 $4.60 $13,116
3BR $5,450 $4.20 $16,350
4BR $7,956 $6.00 $23,867

Availability in New York

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 782 1BR units on the market in New York. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
19% 42% 29% 8% 2%
Available Units in New York
Studio 353
1BR 782
2BR 541
3BR 154
4BR 34
Location
Nearby Colleges

New York University

CUNY Bernard M Baruch College

The New School

Touro College

Touro College

Campus Buildings and Attractions
Distance Walking Biking Driving
Stern School of Business 0.8 mi 16 min 6 min 2 min
Kimmel Center for University Life 0.9 mi 17 min 6 min 3 min
Bobst Library 0.9 mi 17 min 5 min 3 min
School of Law 1.0 mi 20 min 5 min 3 min
Nearby Hospitals
Name Distance
New York Eye And Ear Infirmary 0.5 mi.
Mount Sinai Beth Israel 0.6 mi.
Nyu Hospital For Joint Diseases 0.68 mi.
Nearby Fire Stations
Name Distance
Washington Volunteer Fire Department 0.85 mi.
Hudson Volunteer Fire Department 1.12 mi.
Chelsea Fire Department 1.13 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 01, 2026.
What's the square footage of the available units?
The available units are 200 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 514 East 5th Street in New York, NY. It's 1.3 miles northeast from the center of New York.
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