195 HENRY STREET

For Sale - Manhattan - Chinatown

$4,895,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Chinatown
Property Dimensions
25.0 x 72.0
Property Area
9,151 sq.ft.
Total Units:
16
Stories:
5
NOI
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Price
$4,895,000
Price Per Unit
$305,937
Cap Rate
-%

Listing Description

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.

Property Details

Block/Lot:
285/9
Lot Dimensions
25.0 x 87.5
Lot Area
2,188 sq.ft
Zoning:
R7-2
FAR as Built:
4.18
Max FAR:
6.5
John Stewart Marcus & Millichap
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Sales & Transactions

AddressSale PriceSale DateProperty Type
185 HESTER STREET$18,250,00007/24/2018Mixed Use
77-79 MADISON STREET$12,000,00004/25/2018Mixed Use
63 EAST BROADWAY$5,500,00004/17/2018Mixed Use
185 GRAND STREET$13,500,00003/22/2018Mixed Use
127 MOTT STREET$7,370,00003/02/2018Mixed Use
174 HESTER STREET$8,550,00002/22/2018Mixed Use
360 BROADWAY$46,000,00002/16/2018Mixed Use
102-104 MOTT STREET$14,700,00001/12/2018Mixed Use
41-43 DIVISION STREET$15,500,00012/20/2016Mixed Use
45 MOTT STREET$8,275,00011/16/2016Mixed Use