Parking, Brooklyn, New York, USA

Additional information is provided after the signing of an NDA

Parking, Brooklyn, New York, USA

4,000,000 $
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Total area: 2,042 m² Yield: 4.5%
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Features
  • Operating Incomе: 155,898 €
  • Occupancy: 100%

Garage for 97 cars.

Description

The total area of the property is 2,042 m².

The property consists of two levels with two freight elevators.

Financial performance

The cost of the property is 4,000,000 $.

The absolute annual income is 180,000 $.

The current yield is 4.5%.

Tenants

The lease agreement is valid for 15 years.

From October 2018 there will be the indexation of the rent by 6% and it will be carried out every 5 years.

Location

The property is located in Brooklyn, the most populated area of New York.

A large number of historical sights and buildings of large companies are concentrated in the area.

Brooklyn is actively built up by modern business centers.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services