68 King St New York, NY 10014
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.
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HARBOR Film Production
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HARBOR SOUND Video Editing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.