- Year built
- 1963
- Type
- Cooperative, over a ground-floor retail base
- Units
- 40
- Floors
- 7
- Landmark
- No
- Amenities
- On-site residential garage (by availability, at additional cost), renovated central laundry, renovated hallways
- Pets
- Cats permitted; no dogs, per brokerage records
- Financing
- 80 percent maximum (20 percent minimum down) per brokerage records
2 King Street is a structural anomaly in one of downtown's most supply-constrained pockets: a post-war elevator co-op in a neighborhood that otherwise offers almost exclusively 19th-century rowhouses, walk-up tenement stock, converted lofts, and a thin layer of high-priced new condos. The blocks around it are landmarked in nearly every direction — the Charlton-King-Vandam Historic District across Sixth Avenue holds the city's largest concentration of intact Federal and Greek Revival rowhouses, the SoHo-Cast Iron Historic District begins to the southeast, and the Sullivan-Thompson designation of 2016 wrapped the surrounding South Village blocks. Inside that preserved fabric, a 1963 elevator building with a laundry room, a live-in super, and a residential garage is a category of one, and it trades accordingly: this is one of the few entry-priced ways to own at the SoHo/Village seam.
The location does most of the work. King Street's eastern block is tree-lined and low-rise, listing records fairly describe the setting as the point where SoHo meets the Village, and the transit stack is exceptional — the C/E at Spring Street is a block away, the 1 at Houston/Varick a short walk, with the full West 4th Street interchange ten minutes north. Hudson Square's office-and-media build-out (and the retail and restaurant layer that followed it) has steadily upgraded the blocks west of Sixth Avenue, while the building's own retail base keeps the corner active.
What the building is not also matters, and the board's framework says it plainly: no dogs, no pieds-à-terre. This is a primary-residence house with owner-occupant economics — 80 percent financing permitted, modest carrying costs, post-war layouts that use space efficiently — in a zip code where most ownership alternatives start seven figures higher. Buyers priced out of loft SoHo and townhouse-block Greenwich Village should understand this building as the corridor's value mechanism, not a compromise on location.
Architecture and unit composition
The building rises seven stories in post-war brick, wrapping the corner with frontage on King Street, Sixth Avenue, and MacDougal Street — a triple exposure that gives a high share of the roughly 40 apartments corner light or open-avenue outlooks, and gives the top floor loft-like proportions with midtown skyline views per listing records. The mix is studio-through-two-bedroom in character: efficient post-war layouts with defined dining alcoves (several convertible to home offices or second bedrooms), windowed kitchens in many lines, and generous closets. Listing records also note central air in the building's marketing — verify the mechanical setup unit by unit. Renovation quality varies line to line, from estate condition to fully opened renovations, and the pricing tracks it.
Building operations
Self-service mechanics with real infrastructure: no doorman, but a video intercom and key-fob entry system, a live-in superintendent, an updated central laundry room, renovated hallways, an elevator, and — genuinely rare at this price tier downtown — an on-site residential garage, offered by availability at additional cost. The retail base on Sixth Avenue contributes commercial income to the cooperative; your attorney should review its lease terms and contribution in the financials during diligence. Policy specifics beyond the documented framework (cats only, no pieds-à-terre, 80 percent financing) should be confirmed with the managing agent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $15,259/yr
- Per unit / month range
- $0 – $32
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Dec 12, 2024 | 7A | $1,355,000 |
| Jan 27, 2023 | 5E | $1,150,000 |
| Nov 7, 2022 | 4B | $1,100,000 |
| Dec 29, 2021 | 7B | $998,875 |
| Aug 4, 2021 | 2E | $875,000 |
| Mar 30, 2020 | 4A | $1,370,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00519-0036) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What to know if you’re buying
Buy the location math. The premium product in this pocket — SoHo lofts, Charlton-King-Vandam townhouses, the new Hudson Square condos — prices most buyers out. 2 King Street delivers the same blocks, the same transit, and the same restaurant geography at post-war co-op pricing. That spread is the whole thesis.
The usage policies are strict — confirm they fit your life. No dogs and no pieds-à-terre are firm framework per brokerage records. Investors and part-time users should look elsewhere; primary-residence buyers benefit from exactly that discipline in the shareholder base.
The financing framework is generous for a co-op. 80 percent financing materially widens the buyer pool relative to the 50–75 percent caps common in prime-corridor co-ops. Run the Co-op Board Qualification Calculator before offering, and verify current requirements.
Underwrite the corner, not just the apartment. Sixth Avenue is a real avenue: south- and east-facing lines get light and openness with traffic sound; King Street-facing lines get the tree-lined quiet. Visit at rush hour and price the exposure honestly.
Verify the unverified. Sublet policy, flip tax, co-purchase and guarantor postures, and the retail lease's contribution to building income are thinly documented publicly. We confirm each against management documents during diligence.
What to know if you’re selling
Position against the neighborhood's price floor, not its ceiling. Your buyer is someone who wants SoHo/Village life and has been repriced out of lofts and townhouses. Marketing that names the structural scarcity — elevator co-op stock barely exists in this pocket — outperforms generic "charming co-op" copy.
Lead with the practical stack. Garage, laundry, live-in super, key-fob security, 80 percent financing: these are the features that convert downtown renters into buyers. State them plainly and early.
Condition honesty wins at this tier. The building's spread between original and renovated lines is visible in its closing history. Price to condition with the Renovation Cost Calculator math in hand, and let same-building comparables anchor the conversation.
Comparable buildings
If you're considering 2 King Street, also evaluate:
- 2 Charlton Street — the mid-century full-service co-op two blocks north; the closest like-for-like post-war alternative, with a doorman at a higher carry
- 77 Bleecker Street (Bleecker Court) — Village loft-style co-op ownership at a comparable entry price point
- 250 Mercer Street — the NoHo/Village loft alternative at entry-tier downtown pricing
- 421 Hudson Street (The Printing House) — the converted-loft condo alternative in Hudson Square
- 565 Broome Street — Renzo Piano's twin-tower condo at the SoHo/Hudson Square transition; the new-construction ceiling for the pocket
- 1 Morton Square — the full-service West Village condo alternative at a materially higher price point
The Roebling Team at 2 King Street
The Roebling Team at Compass works Greenwich Village, SoHo, and the broader downtown ownership market as a core practice area. We publish this building profile because buyers and sellers at the SoHo/Village seam deserve building-specific intelligence — policy framework, corridor scarcity analysis, and honest comparables — not generic neighborhood commentary.
If you're considering a transaction at 2 King Street, a 30-minute consultation is the right starting point.