Commercial premises, Manhattan, New York, USA

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Commercial premises, Manhattan, New York, USA

7,200,000 $
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Total area: 585 m² Yield: 5.1%
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Features
  • Operating Incomе: 317,374 €
  • 1 floor
  • 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.

Statistics in New York City

Price per m², $
13,824
Healthcare efficiency level
64
Crime rate
43
Real estate Price, $
Apartment in the city centre, m² 13,823.38
Apartment in a bedroom community, m² 5,968.84
Transport Price, $
Public transport, 1 ride 2.75
Monthly travel card 121.14
Taxi, 1 km 2.18
Petrol, 1 l 0.8
Food Price, $
Water, 1.5 l 2.45
Milk, 1 l 1.19
White bread, 500 g 3.89
Eggs, a dozen 3.57
Chicken fillet, 1 kg 13.45
Education Price, $
Kindergarten, per month 2,359.98
International school, per year 37,393.55
Health care index
Staff competence 73.17
Medical equipment 88.58
Research accuracy and completeness 72.56
Attitude towards patients 67.15
Security index
Crime rate 46.01
The risk of being robbed 43.62
The risk of car theft 44.09
The risk of break-in and property damage 49.73

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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Olga Starintseva
Real Estate Expert Tranio in Upper East Side
+44 17 4822 0039
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