721 Henry St

Corner Mixed-Use Asset: Situated on the SW corner of Henry Street and West 9th Street, offering exceptional visibility, side windows, and strong retail demand on a high-traffic block.
Significant Mark-to-Market Upside: Current rents of $162,516 are well below the $229,929 market rent potential — representing over 41.5% rental upside as leases roll.
Vacant Retail Ready for Repositioning: The ground-floor commercial space (1,030 SF) is delivered vacant, offering an owner-user opportunity or the ability to lease at market rent
Garage Income: Property includes a leased garage generating $21,012 annually, providing an additional income stream for a building.
2B Tax Class Protection: Caps annual tax increases, 8% a year and no more than 30% over 5 years, providing long-term cost certainty for investors.

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