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Updated 4 hours ago

518 East 5th Street


518 East 5th St New York, NY

Studio
•
1 Bath

200 Sq. Ft.

Available starting Aug. 1st
Floor plans
Studio • 1 Bath
$2,550
200 ft2
1 Available
Managed By: MetroNest, LLC
12A
$2,550
Available Aug 1st, 2026
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View Rented Units
1 Bed • 1 Bath
$3,750
640 ft2
0 Available
Managed By: MetroNest, LLC
01DU
$3,750
Rented
View
1 Bed • 1 Bath
$2,995
400 ft2
0 Available
Managed By: MetroNest, LLC
B
$2,995
Rented
View
2 Beds • 1 Bath
$4,200
400 ft2
0 Available
Managed By: MetroNest, LLC
15-17
$4,200
Rented
View
3 Beds • 2 Bath
$4,000
600 ft2
0 Available
Managed By: MetroNest, LLC
02DU
$4,000
Rented
View
Where you'll live
Street View
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518 East 5th Street
518 East 5th Street
518 East 5th Street
Location ratings
Walk Score®
100
Walker's Paradise
Amenities
Hardwood Floors
Gated Entry
Short Term Lease
Fees & leasing info
Lease & Fees
Lease Length:

None

Property details
Description

Located minutes from iconic Tompkins Square Park and vibrant St. Marks Place, 518 East 5th Street is a convenient and affordable choice for an East Village rental.
This classic six-story building situated in the heart of the East Village apartment building features multi-bedroom shares and convenient amenities, including four-bedroom rental apartments, keypad entry, surveillance and an intercom. 518 East 5th Street offers short-term (3 + months), ultra-short term (minimum 2 months) academic lease term, summer rentals, and long-term lease options, as well as extended stay furnished apartments. 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 in this East Village apartment building have private gardens which provide a fantastic garden views for rear-facing apartments.
The East Village is close to NYU -- which means that undergraduate and graduate students from around th

Additional Details
Total Unit Count: 19
Last Updated: Updated 4 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 518 East 5th Street by bedroom type below.
Studio
Suggested income:
$91,800
per year
Rent report

518 East 5th Street Rent vs. New York Average

 518 East 5th Street      New York Average
Studio
$2,550
$4,089
$0
$1,350
$2,700
$4,050
$5,400

518 East 5th Street is asking 38% less than the average studio apartment in New York.

If you upsized to an average priced New York 1 bedroom apartment, you would pay 2% more per month.

518 East 5th Street provides 62% less square footage than the average New York studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
518 East 5th Street
Studio $2,550 $12.80 $7,650
New York Average
Studio $4,089 $7.80 $12,266
1BR $4,175 $5.90 $12,526
2BR $4,782 $3.90 $14,345
3BR $4,795 $3.50 $14,385
4BR $8,019 $7.40 $24,058

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 723 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% 42% 29% 8% 2%
Available Units in New York
Studio 311
1BR 723
2BR 506
3BR 135
4BR 27
Location
Nearby Colleges

New York University

CUNY Bernard M Baruch College

The New School

Touro College

Touro College

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 0.7 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 on August 01, 2026.
What's the square footage of the available units?
It's 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?
518 East 5th Street has a studio unit starting at $2,550.
Where is this property located?
This property is at 518 East 5th St in New York, NY. It's 1.3 miles northeast from the center of New York.
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