Store, Manhattan, New York, USA

Additional information is provided after the signing of an NDA

Store, Manhattan, New York, USA

2,500,000 $
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Total area: 172 m² Yield: 3.5%
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Features
  • Operating Incomе: 71,033 €
  • Occupancy: 100%
  • End of lease: 2025

Store on the ground floor of the building.

Description

The total area of the property is 172 m².

Asset Type: Retail Condo.

Financial performance

The cost of the property is 2,500,000 $.

The absolute annual income is 87,662 $.

The current yield is 3.5%.

Tenants

The tenant is a large US telecommunications company. The annual turnover of the company is more than 34 billion dollars.

The lease agreement is valid until 2025 and provides the annual indexation of the rent by 3%.

Location

The store is located in the Upper West Side, in one of the most favorable areas for living.

The area is dominated by elite residential development.

There are such attractions as River Park, Lincoln Center here.

The metro station is situated in a walking distance from the property.

More properties

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

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Enquire about this shop
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Upper West Side
+44 20 3608 1267
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