$6,750,000
Updated 7 years ago
Off Market

41 Henry Street

Lower East Side, Manhattan | Catherine Street & Market Street

11,260 Square FeetIncome Property

$6,750,000
floors / apts6 / 19
Lot Size27'4"x100'
Built Size27'4"x90'
ZoneR7-2
Building TypeLow-Rise
RE Taxes$66,235
Price Per SF
$599

Building Amenities

  • Voice Intercom

Property Description for 41 Henry Street

A 6-story, mixed-use, walk-up building located on the north side of Henry Street between Catherine and Market Streets. The building consists of 19 residential units and a vacant step down commercial unit. Of the 19 residential units, 9 are FM, 9 are RS, and 1 is RC. The average in-place rent is approximately $40/SF which is well below market. It is within close proximity to the Seward Park Urban Renewal Area which will drive foot traffic and long term value growth in the neighborhood. This building is a prime, value-add opportunity in one of New York City’s fastest growing neighborhoods.

Building Details for 41 Henry Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts6/19
Learn More About the Building

Transit and Citi Bike

Subway

East Broadway
0.3 miles
Grand St
0.37 miles
Chambers St
0.4 miles
Canal St
0.4 miles
Brooklyn Bridge-City Hall
0.43 miles

Citi Bike

Market St & Henry St
0.07 miles
Division St & Bowery
0.09 miles

Contact Agents

Contact Agents

James Nelson
Cushman & Wakefield
Mitchell Levine
Cushman & Wakefield
Michael DeCheser
Cushman & Wakefield

Lower East Side | Manhattan

Quick Profile

Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.

The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past. 

While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.

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: 61417TH