241 HENRY STREET

For Sale - Manhattan - Lower East Side

$4,000,000

Net Operating Income: Contact Agent

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Key Details

Property Type
MultiFamily
Neighborhood
Lower East Side
Property Dimensions
23.0 x 66.0
Property Area
6,800 sq.ft.
Total Units:
10
Stories:
5
NOI
Contact Agent
Price
$4,000,000

Listing Description

Marcus & Millichap is pleased to offer 241 Henry Street, located between Montgomery Street and Clinton Street in the Lower East Side section of Manhattan.

The subject property is a five-story residential building that consists of one 1-bedroom apartment and 9 2-bedroom apartments. The property is built 23 ft x 66 ft and sits on a 23.08 ft x 80 ft lot with approximately 6,800 gross square feet. The property is zoned R7-2.

This property offers investors the rare opportunity to purchase an apartment building in good condition with a low average rent in the Lower East Side section of Manhattan, New York.

Property Details

Block/Lot:
286/17
Lot Dimensions
23.08 x 80.0
Lot Area
2,100 sq.ft
Zoning:
R7-2
FAR as Built:
2.39
Max FAR:
6.5
Matt FotisMarcus & Millichap
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
102 SUFFOLK STREET$5,500,00005/18/2018MultiFamily
155 ATTORNEY STREET$37,400,00003/23/2018MultiFamily
166 SUFFOLK STREET$7,550,00012/20/2016MultiFamily
151 NORFOLK STREET$12,000,00006/15/2016MultiFamily
99 SUFFOLK STREET$24,550,00004/01/2016MultiFamily
530 GRAND STREET, F10H$1,080,00002/17/2016MultiFamily
387 GRAND STREET, K707$1,050,00002/12/2016MultiFamily
266 EAST BROADWAY, B705$585,00002/11/2016MultiFamily
573 GRAND STREET, D804$660,00002/08/2016MultiFamily
144 STANTON STREET-02/06/2016MultiFamily