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Off Market
1/5

241 Henry St
New York, NY 10002


HIGHLIGHTS

  • Lower East Side Apartment Building Opportunity
  • Three Blocks to “F” Subway Line
  • Tax Class 2B
  • Low Average Apartment Rent
  • Building in Good Condition
  • Few Blocks to Seward Park Development Project | 1.65 Million Square Feet of Residential, Office, and Retail Space

OVERVIEW

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 (Block: 286, Lot: 17) 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.

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

9108

STORIES

5

YEAR BUILT

1900

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

0286-0017