Vacant Building For Sale Lower East Side/Chinatown
193 Henry Street New York, NY 10002 LOCATION: BLOCK / LOT: LOT DIMENSIONS: LOT AREA:
North side of Henry Street, between Jefferson and Clinton Streets 285 / 8 25' x 87.5' (Approx.) 2,188 (Approx. SF) BUILDING DIMENS IONS :
Cellar Ground Floor 2nd Floor 3rd Floor 4th Floor
ZONING: F.A.R. : TOTAL BSF: ASSESSMENT (14/15): TAXES (14/15):
GROS S S F:
25' x 44' 1,100 25' x 70' 1,750 25' x 44' 1,100 25' x 44' 1,100 25' x 44' 1,100 Above Grade Only: 5,050 Above & Below Grade: 6,150 R7-2 Residential Community Facility 3.44 6.50 7,525 14,219 $277,740 $29,674
(Approx.) (Approx.) (Approx.) (Approx.) (Approx.) (Approx.) (Approx.)
As of 2/23/2015
PROPERTY DESCRIPTION: The subject property is a 4-story vacant religious facility building located on the north side of Henry Street, between Jefferson and Clinton Streets. The lot size is approximately 25’ x 87.5’ with a total lot coverage of 2,188 square feet. The property is in a R7-2 zone with an FAR of 3.44 for residential use and 6.5 for community facility use. The total buildable square feet for residential is 7,525 BSF and 14,219 BSF for community facility use. 193 Henry Street is located one block away from Seward Park and the East Broadway subway station serviced by the F Train. In addition, Essex Crossing (aka Seward Park Urban Renewal Area) is 2 blocks north and will feature 1.9 million square feet of residential, commercial, and community space situated on six acres.
Asking Price: $4,500,000
Clinton Street
Jefferson Street
East Broadway
Henry Street For more information or inspection, please contact Exclusive Agents:
Stephen P. Palmese
Michael DeCheser
Michael J. Mazzara
Darragh Clarke
Partner 718-238-8999 x 6552
Vice President of Sales 212-696-2500 x 7772
Director of Sales 718-238-8999 x 7052
Associate Director of Sales 212-696-2500 x 7737
[email protected] [email protected] [email protected] [email protected] Mei Ling Wong
黃美伶
Senior Associate 212-696-2500 x 7716
[email protected] The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER