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.
The cost of the property is 8,500,000 $.
The absolute annual income is 439,196 $.
The current yield is 5.2%.
The tenant is the world-famous bistro.
The lease agreement is valid until 2023.
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.
