Spa, Manhattan, New-York, USA

Additional information is provided after the signing of an NDA

Spa, Manhattan, New-York, USA

3,700,000 $
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Total area: 216 m² Yield: 4.7%
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Features
  • Operating Incomе: 143,721 €
  • 1 floor
  • Occupancy: 100%
  • End of lease: 2024

Spa on the ground floor of a building in Manhattan.

Description

The total area of the property is 216 m².

The building was built in the pre-war period and was recently renovated.

Financial performance

The price of the property is 3,700,000 $.

The absolute annual income is 175,427 $.

The current yield is 4.7%.

Tenants

A tenant since December 1, 2017 is a large retail chain of spa salons, represented in Los Angeles and Westchester County.

The lease agreement is concluded until December 2024.

Location

The property is located in Flatiron, Manhattan's business district.

There are the Madison Square Park, the large Union Square, various historical and cultural museums, metro stations and bus stops nearby.

Historical architecture blends harmoniously with modern shops, restaurants and nightclubs.

More properties

If this property wasn’t for you, take a look at other retail space for sale in USA.

You can see more retail space for sale in Manhattan elsewhere on our website.

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Enquire about this shop
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 3% annually
    • Construction site audits
    • Management company services