Restaurant with a long-term lease agreement.
The building includes three floors.
Tenant has spent over $ 1 million in building improvements.
The cost of the property is $ 6,000,000.
Absolute annual income is $ 333,720.
The current yield is 5.5%.
The lease agreement is valid until 2030 and provides for the 3% annual indexation of the rent.
New York is a city with a population of over 8 million people, which has global significance and is the largest US economic and financial center.
Greenwich Village is a green district with a harmoniously developed infrastructure, featuring numerous squares, sports grounds, ”non-Broadway“ theaters, jazz clubs and comedy clubs. The district is home for the Greenwich Village Orchestra, and in its center the Washington Square Park is situated. There are also several higher education institutions here, including the main campus of New York University, and the homes of many celebrities such as Julianne Moore, Liv Tyler and Uma Thurman.
The property is located in a prestigious area, near the park.