Commercial premises, Manhattan, New York, USA

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Commercial premises, Manhattan, New York, USA

7,200,000 $
12,307 $ /m²
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  • Total area
    585 m²
  • Yield
    5.1 %
  • Rental rate (m²/month)
    50 $
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Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 353,226 $
Tenants
  • Occupancy: 100 %

Commercial units on the ground floor of the building.

Description

The total area of the property is 582 m².

The property consists of three commercial facilities in an elite high-rise residential building.

Financial performance

The cost of the property is 7,200,000 $.

The absolute annual income is 369,771 $.

The current yield is 5.1%.

Tenants

Tenants are a playground for children, a dry cleaner and a company that supplies lockers for storing things to the residents of the building.

The leasе agreements are valid for 10 years and contain options for extension.

Location

The property is located in the Upper East Side, which is one of the most expensive and prestigious residential areas of New York.

The area has the largest number of museums, elite cafes and cultural centers.

The area is famous for its good infrastructure for families with children, thanks to its proximity to Central Park, Riverside Park, first-class schools and lots of entertainment for children.

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

Statistics in New York City

Price per m², $
14,219
Healthcare efficiency level
65
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
56
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 14,219.01
Apartment in a bedroom community, m² 6,193.4
Transport Price, $
Public transport, 1 ride 2.72
Monthly travel card 119.38
Taxi, 1 km 1.68
Petrol, 1 l 0.79
Food Price, $
Water, 1.5 l 2.27
Milk, 1 l 1.11
White bread, 500 g 3.85
Eggs, a dozen 3.52
Chicken fillet, 1 kg 12.93
Education Price, $
Kindergarten, per month 2,347.76
International school, per year 37,623.08
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 numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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

You can see more retail space for sale in Upper East Side elsewhere on our website.

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Olga Starintseva
Olga Starintseva
Investment Consultant at Tranio
+44 17 4822 0039
  • Bank financing from 3% annually
  • Property, plot and construction site survey
  • Management company services
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