68-76 King Street

New York, NY

Download Offering Memorandum

Building

Summary

  • Number of Stories 6
  • Buildable Square Feet 125,900
  • Frontage 226'
  • Asking Price Submit Offers

Overview

Avison Young, as exclusive agent, is pleased to offer for sale 68-76 King Street (the “Property”), a 6-story, 68,476± square foot office building coupled with significant air rights and boasting 226’ of wraparound frontage on the southwest corner of King Street and Varick Street in the Hudson Square submarket of SoHo

The Property benefits from tremendous development potential featuring 125,900± buildable square feet as-of-right, with multiple avenues to increase FAR (voluntary inclusionary housing bonus and MTA subway bonus) in one of Manhattan’s premier residential neighborhoods. 

Developers have a myriad of options as this location lends itself well to residential condominium development, rental apartment development, and Trophy/Class-A Office Development, as exemplified by nearby projects developed by Related, Extell, Toll Brothers, Google, Disney, and more.

Investment Highlights

226’ of Wraparound Frontage

125,900± Buildable Square Feet

Multiple Avenues to Increase FAR (151,080± — 181,296± BSF)
End-User Commercial Opportunity at Existing 68,476 GSF Building

Prime Hudson Square Location at the nexus of SoHo, TriBeCa, and the West Village

Property Flyer

68-76 King Street Flyer

Team

Brandon Polakoff

Brandon Polakoff

Principal, Executive Director of Tri-State Investment Sales
Avison Young - US - NY - New York
212 230 5998
James Nelson

James Nelson

Principal, Head of Tri-State Investment Sales
Avison Young - US - NY - New York
917 362 1485
Charles Kingsley

Charles Kingsley

Principal
Avison Young - US - NY - New York
917 312 0778
Kyle Sabath

Kyle Sabath

Senior Associate
Avison Young - US - NY - New York
212 729 6279