Updated 8 years ago
Off Market
721 Henry Street
Red Hook, Brooklyn | Huntington Street & West 9th Street
12 Rooms7 Beds7 Baths5,694 Square FeetMixed Use
$2,995,000
floors / apts4 / 6
Lot Size24'3"x84'8"
ZoneR5
Building TypeLow-Rise
RE Taxes$89,328
Price Per SF
$526
Building Amenities
- Voice Intercom
- Garage
Property Description for 721 Henry Street
721 Henry Street is an eight unit mixed-use building situated on the Northeast corner of Henry Street and West 9th Street in Red Hook immediately adjacent to Carroll Gardens. The property is a 5,694 square foot, four story walk-up building with seven residential apartments, two of the units are renovated free market apartments and the other five units are rent stabilized representing a significant value add opportunity. In addition there is a vacant corner retail space and large garage / work studio. The property is an 8 minute walk from the Smith and 9th Street subway station and provides easy access to the F/G trains. 721 Henry is located on the border of Red Hook and Carroll Gardens and presents the prospective investor a unique investment opportunity in one of the fastest growing Brooklyn submarkets.
Building Details for 721 Henry Street
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/6
Transit and Citi Bike
Subway
Smith-9 Sts
0.41 miles
Carroll St
0.5 miles
Citi Bike
Henry St & W 9 St
0.02 miles
Clinton St & Centre St
0.14 miles
Red Hook | Brooklyn
Quick Profile
Filled with quaint charm and picturesque views, Red Hook is a haven for those seeking a laid-back vibe. The community has weathered many storms both figurative and literal since its settlement in 1836 by Dutch colonists. From being one of the most bustling freight ports in the world in the 1920s to being named one of the worst neighborhoods in America for its crack epidemic in the 1990s, Red Hook has gone through many evolutions to become the dynamic neighborhood it is today.
Rich with creativity, the area is home to many artists specializing in an array of crafts, ranging from furniture design to glassblowing to woodworking. With many art galleries and moderately priced studios and lofts, the neighborhood is teeming with talent attracted by the energy and live/work space concept.
The overall sense of being among a close-knit community is further spurred on by annual events such as the Red Hook Waterfront Arts Festival, as well as a reading series co-hosted by BookCourt once a month at neighborhood staple Sunny’s Bar. The changing shape and infrastructure of Red Hook was thrown for a loop in 2012, with the damaging effects of Hurricane Sandy that left many buildings and businesses in need of repair during resulting closures.
Since its post-Sandy revitalization, the neighborhood has continued to attract many visitors to its unique and eclectic ambience, with ferries from Pier 11 in Manhattan to IKEA that operate daily.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 73792TH
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