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Mixed-Use

205 Henry Street

205 Henry St, New York, NY 10002

Listing Price: $3,750,000

Lot Size
0.05 acres
Price/Acre
$77,785,714
Land Type
Land

Investment Overview

The subject property contains a partially constructed building. There were approved plans for a 7-story, 10-family + medical center building on the site, but the permit was revoked in 2016. The subject lot measures 24 feet by 87.5 feet and is zoned R7-2/C1-5-zoned lot (maximum 3.44 floor area ratio). The property is neither landmarked nor in a historic district. The subject property is two blocks from the East Broadway F-train station. The property is 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. 205 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.

Investment Highlights

  • Up to 7,500 Buildable Square Feet
  • Two Blocks From East Broadway Subway Station
  • Redevelopment or New Development Flexibility

Exclusively Listed By

Listing Price: $3,750,000

Lot Size
0.05 acres
Price/Acre
$77,785,714
Land Type
Land

Investment Highlights

  • Up to 7,500 Buildable Square Feet
  • Two Blocks From East Broadway Subway Station
  • Redevelopment or New Development Flexibility

Investment Overview

The subject property contains a partially constructed building. There were approved plans for a 7-story, 10-family + medical center building on the site, but the permit was revoked in 2016. The subject lot measures 24 feet by 87.5 feet and is zoned R7-2/C1-5-zoned lot (maximum 3.44 floor area ratio). The property is neither landmarked nor in a historic district. The subject property is two blocks from the East Broadway F-train station. The property is 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. 205 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.

Exclusively Listed By

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