Apartment building, Manhattan, New York, USA

Additional information is provided after the signing of an NDA

Apartment building, Manhattan, New York, USA

$8,500,000
$16,865 /m²
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  • Total area
    504 m²
  • Yield
    5.2 %
Details
Property parameters
  • 4-floor building
Financial performance
  • Annual income: $432,774
Tenants
  • Fully let
  • End of lease: 2023

Four-storey apartment building with a commercial premise on the ground floor.

Description

The total area of the property is 504 m².

The building consists of three apartments and one commercial premise.

Financial performance

The cost of the property is 8,500,000 $.

The absolute annual income is 439,196 $.

The current yield is 5.2%.

Tenants

The tenant is the world-famous bistro.

The lease agreement is valid until 2023.

Location

The property is located in Lower Manhattan, in SoHo. Its picturesque narrow streets are filled with a variety of trendy cafes, designer boutiques such as Rag & Bone, Vince, Sandro and the city's main department stores.

Soho is the center of culture, art and recreation. There are art galleries, museums, nightclubs and bars.

The area is close to the Financial District, including the New York Stock Exchange, the Federal Reserve Bank of New York, Federal Hall and Wall Street.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in the USA.

You can see more apartment buildings for sale in Soho elsewhere on our website.

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