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Updated 3 hours ago

514 East 5th Street


New York, NY

Studio
1 Bath

200 Sq. Ft.

Available starting May. 1st
Studio • 1 Bath
$2,375 - $2,680
200 ft2
2 Available
Managed By: MetroNest, LLC
A
$2,375+
Available May 1st, 2026
View
Unit 18
$2,375+
Available Jun 1st, 2026
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View Rented Units
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2 Beds • 1 Bath
$3,990
200 ft2
0 Available
Managed By: MetroNest, LLC
13-14
$3,990
Rented
View
Where you'll live
Street View
Map View
Satellite View
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 3 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
Photos Floor Plans Amenities
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:
$85,500
per year
Rent report

514 East 5th Street Rent vs. New York Average

 514 East 5th Street      New York Average
Studio
$2,375
$3,774
$0
$1,250
$2,500
$3,750
$5,000

514 East 5th Street is asking 37% less than the average studio apartment in New York.

If you upsized to an average priced New York 1 bedroom apartment, you would pay 0% more per month.

514 East 5th Street provides 64% less square footage than the average New York studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
514 East 5th Street
Studio $2,375 $11.90 $7,125
New York Average
Studio $3,774 $6.90 $11,323
1BR $3,779 $5.60 $11,336
2BR $4,266 $4.60 $12,798
3BR $4,325 $3.10 $12,976
4BR $8,443 $6.50 $25,329

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 754 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
16% 45% 28% 8% 2%
Available Units in New York
Studio 271
1BR 754
2BR 474
3BR 126
4BR 27
Location
Nearby Colleges
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?
This property has 1 unit available for move-in on May 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.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
514 East 5th Street has a studio unit starting at $2,375.
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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