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32334619
32334618

205 Henry St, New York, NY 10002

McLellan Realty
Listed by McLellan Realty
$3,300,000
27 days on market
Updated 27 days ago

205 Henry St

Details
Property Type Mixed Use
Square Footage 8,808
Units 10
Stories 6
Zoning R7-2 (3.44) with C1-5 Overlay (2.0)

Mixed Use | 8,808 SqFt

Marketing description

24' wide three story mixed-use building with approve plans for a six story 10 unit condo mixed-use building. The first floor is community facility space. Floors two through six each have two units per floor; they are all one-bedroom apartments. The six floor will also have a mezzanine space.

This is a prime development opportunity because the project is half-complete. The foundation and basement is built, all the plans, permits comes along with the property. The developer is saving time and money with this development opportunity.

The zoning allows a building with two floors of commercial and the upper floors can be residential. The property can also be a fully residential building.

The site is also a great user opportunity; a user can have their store or office on the ground floor. The first floor can be converted into parking space since the property has a curb cut. They can have an office on the second floor, live on the third & fourth floors and rent out the other two floors. Please email me for the approve plans.

Potential for 421-a tax exemption. The foundation was done before the laws change. To save on construction cost a developer can add another floor and take out the elevator. This would create more space for the apartments. The developer can also leave it as a three story building and finish the construction of it.

Listing Contacts

McLellan Realty
Listed by McLellan Realty

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