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 infrastructure

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.

Statistics in New York City

Price per m², $
Healthcare efficiency level
Index 65 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 14,344.01
Apartment in a bedroom community, m² 6,247.85
Transport Price, $
Public transport, 1 ride 2.74
Monthly travel card 120.43
Taxi, 1 km 1.7
Petrol, 1 l 0.8
Food Price, $
Water, 1.5 l 2.29
Milk, 1 l 1.12
White bread, 500 g 3.88
Eggs, a dozen 3.55
Chicken fillet, 1 kg 13.05
Education Price, $
Kindergarten, per month 2,368.4
International school, per year 37,953.83
Health care index
Staff competence 73.99
Medical equipment 88.27
Research accuracy and completeness 73.48
Attitude towards patients 68.69
Security index
Crime rate 46.42
The risk of being robbed 43.5
The risk of car theft 43.99
The risk of break-in and property damage 50.34

The data is provided by and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Olga Starintseva
Olga Starintseva
Investment Consultant at Tranio
+44 17 4822 0039
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