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721 Henry St
Brooklyn, NY 11231
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,309 SF
Average Occupancy 89%
No. Stories 4
Year Built 1920
Parking Ratio 0.35/1,000 SF
Zoning R5 - Residential Medium density district with a height limit of 40 feet

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • On-Site Retail

ABOUT 721 HENRY ST , BROOKLYN, NY 11231

Cushman & Wakefield has been retained on an exclusive basis for the sale of 721 Henry Street in Red Hook, Brooklyn. It is located on the northeast corner of Henry Street and W 9th Street. 721 Henry Street is a four-story mixed-use building with eight units consisting of one retail unit and seven residential units, plus on-site garage parking with two covered spaces. Six of the seven units are leased and under rent stabilization guidelines with one vacant unit. All units are two-bedroom apartments. The retail space is currently vacant and is approximately 472 square feet (net). It was previously operating as a convenience store. Red Hook has been getting a lot of attention as a potential vessel for new transportation services including ferry service, possible subway line extension from lower Manhattan, and a streetcar service. AECOM’S proposal has also been in the works for a revamp of the Red Hook waterfront. A total 30-acres on the waterfront would be redeveloped into a 45,000 unit mega-development with a new subway connection. 721 Henry Street is in a convenient location within a 0.4 mile walk to the F & G subway trains at Smith-9th Street station and a 0.6 mile walk to the Carroll Street station. Site inspections are by appointment only, please inquire within.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00536-0001
Land Assessment
$7,650
Improvements Assessment
$830,700
Total Assessment
$838,350
  • Listing ID: 15341323

  • Date on Market: 3/4/2019

  • Last Updated:

  • Address: 721 Henry St, Brooklyn, NY 11231

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