161 Varick Street is a property in Manhattan (BBL 1-580-22), classified as industrial & manufacturing, built in 1922, owned by SM I MMS, L.L.C.. Crezly estimates about $130.33M in outstanding mortgage debt secured against it. The building has about 164,791 square feet across 1 units. It last recorded a sale of $200.5M on 2021-12-29.
| Land use | Industrial & manufacturing |
|---|---|
| Building class | E7 |
| Zoning district | M1-6 |
| Year built | 1922 (altered 2011) |
| Floors | 16 |
| Total units | 1 |
| Building area | 164,791 sqft |
| Lot area | 17,555 sqft |
| Built FAR | 9.39 of 10.00 max |
| Assessed value | $17.4M |
This lot appears to carry roughly 10,709 sqft of unused development rights (the gap between its built and maximum FAR). What is FAR?
The recorded owner is SM I MMS, L.L.C. — see their full NYC portfolio and estimated debt. Crezly estimates about $130.33M in outstanding mortgage debt secured against this property.
This building is in Greenwich Village & SoHo, Manhattan. See the neighborhood's recent sales, median prices and top owners.