Primary listing photo

195 Henry St, New York, NY, 10002

--beds
0baths
--sqft
$4,950,000
--price/sqft
$29,692/moest. monthly cost
$1,187,680/yrincome needed

About This Home

Excellent investment opportunity in the heart of Manhattan's Lower East Side. This mixed-use property features 2 ground-floor retail stores and 18 residential apartments, plus a finished basement. The building is ideally situated just minutes from the East Broadway subway station, offering convenient access to major transit lines and quick commutes to SoHo, Midtown Manhattan, and Downtown Brooklyn, making it highly attractive to both residential and retail tenants. The property offers an attractive approximately 6.35% cap rate in a prime neighborhood surrounded by shops, restaurants, and essential services. This property presents an opportunity for long-term investors seeking stable cash flow in a high-demand New York City market.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
97
BikeBiker's Paradise

Schools

5/10
Ps 2 Meyer LondonGrades PK-50.2 mi
5/10
Ms 131Grades 6-80.3 mi
4/10
New Design High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished

Features

  • Flooring: Ceramic Tile,Hardwood

Heating

  • Heating features: Natural Gas,Hot Water

Property

Details

  • Attached to another structure: Yes
  • Zoning: R7-2
  • Special condition: Arm's Length
  • Foundation area: 1800

Features

  • Stories: 5

Lot

  • Lot size: 2,188 sqft
  • Lot size dimensions: 25x88

Parking

  • Parking features: None