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 $162K are well below the $222K market rent potential — representing over 40% 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.