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Off Market
1/4

195 Henry St
New York, NY 10002


HIGHLIGHTS

  • 16 Apartments & Two Stores Two Blocks from East Broadway Subway Station
  • 100% Rent Stabilized Units
  • Located in Heart of Lower East Side
  • Two Blocks from East Broadway Subway Station
  • $546 Per Square Foot

OVERVIEW

Marcus & Millichap is the exclusive sales broker for 195 Henry Street, a mixed-use building between Clinton and Jefferson Streets. The subject property contains sixteen one-bedroom rent stabilized apartments and two stores. Both stores are vacant and are currently used as storage space. The subject property measures 25 feet by 72 feet totaling approximately 9,151 square feet and sits on a 25 x 87.5 foot R7-2/C1-5-zoned lot (maximum 3.44 floor area ratio). The building is neither landmarked nor in a historic district. The subject property is two blocks from the East Broadway F-train station. The subject property directly across the street from Gouverneur Hospital, which is the largest freestanding ambulatory care center in New York State and serves approximately 50,000 patients a year. 195 Henry Street is a five-minute walk from One Manhattan Square, an 815-unit condominium tower completed in September 2019. The development is expected to bring thousands of new residents into the area.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

9188

STORIES

5

YEAR BUILT

1910

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0285-0009