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Property profile & analytics
OFF-MARKET
Office Spaces

68 King St New York, NY 10014

125,900 SF
Property ID
Property summary
AI-generated overview

This exceptional 6-story office building at 68-76 King Street in New York City's Hudson Square offers 68,476 square feet of existing space and significant development potential. With 125,900 buildable square feet as-of-right, and multiple avenues to increase the floor area ratio (FAR) through voluntary inclusionary housing and MTA subway bonuses, this property presents a unique opportunity. The building boasts 226 feet of wraparound frontage on King and Varick Streets, providing excellent visibility and access. Its prime location at the nexus of SoHo, Tribeca, and the West Village makes it ideal for various development options, including residential condominiums, rental apartments, or a trophy Class-A office building. Nearby developments by prominent firms like Related, Extell, Toll Brothers, Google, and Disney showcase the area's desirability and potential for high-value projects. This is a rare chance to acquire a substantial property in one of Manhattan's most sought-after neighborhoods. The existing building offers immediate end-user commercial opportunities, while the significant development potential allows for substantial future returns. The property's zoning allows for a buildable square footage ranging from 151,080 to 181,296 square feet, depending on the chosen development strategy. This is a truly remarkable opportunity for investors and developers alike.

Property profile
Verified
Property type Office Spaces
Total area 125,900 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • HARBOR Film Production
  • HARBOR SOUND Video Editing Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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