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205 Henry Street

205 Henry St, New York, NY 10002, USA
Available Now
$3,300,000
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FOR SALEMixed Use / Multifamily + Retail
Cap Rate
9.56%
NOI
$315,336
Building Size
4,874SF
Lot Size
2088SF
Year Built
2022
Zoning
R7-2
Listing Contacts
Real Estate Broker
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More property details

Tenancy
Multi Tenant
Currently Leased
No
Investment
Owner User
Property Class
B
No of Buildings
1
No of Stories
3
Units
4

Location

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205 Henry Street
About the location

This 24-foot-wide, three-story mixed-use building comes with approved plans for a six-story, ten-unit condominium project. The design includes community facility space on the first floor, with floors two through six featuring two one-bedroom units per floor. The sixth floor also includes a mezzanine level. This property represents a prime development opportunity, as the project is already partially completed—the foundation and basement are built, and all plans and permits are included—saving the developer valuable time and resources.

The zoning allows for a flexible configuration, with the option to build two floors of commercial space and residential units above, or to create an entirely residential building. Additionally, the site offers strong potential for an owner-user setup: the first floor could serve as a store or office, or be converted into parking due to the existing curb cut; the second floor could be used as an office; and the upper floors could serve as personal residence and rental units. Approved plans are available upon request.

Documents

FILE
205 Henry Street OM.pdf
840 KB · Listing document
205 Henry Street
4,874 SF · mixed-use · United States · NY
View OM