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Updated 2 hours ago

516 East 5th Street


New York, NY

Studio
•
1 Bath

200 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$2,625
200 ft2
1 Available
Managed By: MetroNest, LLC
Updated about 2 hours ago

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Unit 15
$2,625
Available Now
View
View Rented Units
2 Beds • 1 Bath
$2,675
200 ft2
0 Available
Managed By: MetroNest, LLC
Updated over 1 month ago

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-
$2,675
Rented
View
2 Beds • 1 Bath
$3,795 - $4,125
400 ft2
0 Available
Managed By: MetroNest, LLC
Updated over 1 month ago

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03-5
$3,795
Rented
View
01DU
$4,125
Rented
View
Where you'll live
Street View
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516 East 5th Street
516 East 5th Street
516 East 5th Street
Location ratings
Walk Score®
100
Walker's Paradise
Amenities
Gated Entry
Short Term Lease
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Other:

We may ask to interview your pet during the approval process

Restrictions:

Pets not allowed in furnished rentals

Lease & Fees
Lease Length: None
Property details
Description

Located minutes from the shaded, leafy Tompkins Square Park and vibrant St. Marks Place, 516 East 5th Street is a convenient and affordable choice for an East Village apartment rental.

This classic six-story building situated in the heart of the East Village features multi-bedroom shares and convenient amenities, including four-bedroom rental apartments, keypad entry, surveillance and an intercom. The building is part of an identical string of period buildings along the street, which make a striking impression on anyone who passes by. Certain ground floor units have private gardens which provide a fantastic garden views for rear-facing East Village apartment rentals.

The East Village is close to NYU -- which means that undergraduate and graduate students from around the globe will find the apartments at 516 E 5th street a good fit. Not only are they a great value, but the multi-bedroom and co-living shares are perfect for college students, young professionals and beginning families a

Additional Details
Total Unit Count: 19
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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Photos Floor Plans Amenities
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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 516 East 5th Street by bedroom type below.
Studio
Suggested income:
$94,500
per year
Rent report

516 East 5th Street Rent vs. New York Average

 516 East 5th Street      New York Average
Studio
$2,625
$3,565
$0
$1,200
$2,400
$3,600
$4,800

516 East 5th Street is asking 26% less than the average studio apartment in New York.

If you upsized to an average priced New York 1 bedroom apartment, you would pay 13% more per month.

516 East 5th Street provides 59% less square footage than the average New York studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
516 East 5th Street
Studio $2,625 $13.10 $7,875
New York Average
Studio $3,565 $7.30 $10,694
1BR $4,100 $6.70 $12,299
2BR $4,642 $4.80 $13,927
3BR $6,368 $4.40 $19,104
4BR $11,629 $6.70 $34,887

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 888 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
18% 35% 24% 12% 9%
Available Units in New York
Studio 462
1BR 888
2BR 615
3BR 304
4BR 234
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 6 min 3 min
Nearby Hospitals
Name Distance
New York Eye And Ear Infirmary 0.52 mi.
Mount Sinai Beth Israel 0.61 mi.
Nyu Hospital For Joint Diseases 0.69 mi.
Nearby Fire Stations
Name Distance
Washington Volunteer Fire Department 0.87 mi.
Hudson Volunteer Fire Department 1.13 mi.
Chelsea Fire Department 1.15 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
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?
516 East 5th Street has a studio unit starting at $2,625.
Where is this property located?
This property is at 516 East 5th Street in New York, NY. It's 1.3 miles northeast from the center of New York.
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