Commercial space, Upper East Side, New York, United States

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Commercial space, Upper East Side, New York, United States

8,000,000 $
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Total area: 584 m² Yield: 4.6%
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  • Operating Incomе: 314,896 €
  • Occupancy: 100%
  • End of lease: 2027

Commercial areas on the ground floor of a residential building.


The property includes 3 rooms. One of them (227 mm²) is located in a below-grade space and consists of 57 storage cells, which are leased to the residents of the building.

Financial performance

The cost of the property is $ 8,000,000.

Absolute annual income is $ 369,421.

The current yield of 4.6%. 


The tenants are a children's playroom and a dry cleaning.

Both tenants have signed new lease contracts until 2027, which include extension options.

Location and nearby objects

The property is located in one of the most prestigious and expensive areas of New York — the Upper East Side. Public transport stops, a metro station, a park, shops and restaurants are situated in a walking distance from the building.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Upper East Side
+44 17 4822 0039
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