Commercial units, Manhattan, New York, USA

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Commercial units, Manhattan, New York, USA

$9,900,000
$16,390 /m²
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  • Total area
    604 m²
  • Yield
    4.3%
Details
Property parameters
  • Total premises: 3
  • 3-floor building
Financial performance
  • Annual income: $379,901
Tenants
  • Occupancy: 65%

Commercial premises with duplex on the lower floors of the apartment building.

Description

The total area of the is 604 m².

The property includes rooms on the ground, the first, and the second floors, as well as a basement.

Financial performance

The cost of the property is 9,900,000 $.

The absolute annual income is 425,443 $.

The current yield is 4.3%.

Tenants

Tenants of commercial premises are a hairdresser and a real estate company.

The basement and the ground floor unit is vacant.

Location and nearby infrastructure

The property is located in the Lower East Side.

There are some of the city's best attractions, such as the Soho area with art galleries, museums, nightclubs and bars and Nolita nearby.

The area provides a huge selection of cafes and restaurants with cuisine from different countries.

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If this property wasn’t for you, take a look at other retail space for sale in Lower East Side.

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