Mixed-use building – Manhattan, New York City, State of New York,  USA

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Mixed-use building – Manhattan, New York City, State of New York, USA

$4,750,000
$5,743 /m²
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  • Total area
    827 m²
  • Yield
    4.83%
Details
Property parameters
  • 6-floor building
Financial performance
  • Annual income: $208,893
Tenants
  • Fully let

Apparel and accessories store + office building.

Description

The object includes 2 commercial units

  • Apparel and accessories store + showroom
  • Office and storage rooms

The price is indicated for 2 commercial units.

Financial performance

Cost of the facility: 4,750,000 $.

Absolute annual income: 229,603 $.

Current yield: 4,83%.

Tenants

Fully let.

Location and nearby infrastructure

The property is located in the Lower East Side. This is a historical area of New York with brick houses with old fire escape stairs and narrow streets. The traditional architecture is combined here with modern shops, restaurants and design studios.

Bus stops, metro stations, parks, cafes, a cinema and a sports field are situated not far from the building.

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.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Manhattan.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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