Townhouse | 150 Henry Street, New York, NY

Own a townhouse in Downtown Manhattan for $200 price per square foot less than Brooklyn! Subject property is a 5 Story 5,400 Square foot Building in the Lower East Side. This is an opportunity to own in Manhattan at $796ppsf and create a single family house or income producing property. Currently there are 9 apartments most have 10.5 ceilings, some have fireplaces. There is a 20 x 24 Garden in the back. All apartments have excellent light as they have wide unobstructed Northwestern views looking onto Jacob Joseph Park and Freedom Tower. FAR allows for approximately 950 additional square feet. Ability to create free market apartments. Perfectly situated - Half a block from the Subway, Library, Pre-School, and Health Club. This location is seeing explosive growth with high end condominium developments, live theatre, trendy acclaimed restaurants and bars. Only a few blocks from Essex Crossing and the Seward Park Urban Renewal Project. This property gives buyers an opportunity to invest in the number one most explosive areas for growth in Manhattan. [less]