193 Henry St
New York, NY 10002
Multifamily Property For Sale · 5 Units

Commercial condominium located on the ground floor and basement of 193 Henry Street, NYC is near completion. The commercial ground floor offers 1,515 sq ft, and 520 sq ft in the basement for a total of 2,035. It has 9 ft ceilings and approximately 20 feet of frontage. The Lower East Side is home to over 130 galleries, many of which have relocated from Chelsea where they were displaced due to rising rents. The advantage of ownership in this rapidly changing neighborhood is tremendous. In the past year alone, the Essex Crossing Development Site has added 1,600,000 sf of office, retail, and residential space, only 3 blocks from this property, and at 9 Orchard St, the historic Jarmulowsky Bank bank building has been converted to a new hotel. This property is situated in the heart of the LES gallery district, now home to 9 hotels and some of the biggest names in the restaurant industry, and this opportunity will not last.