Medical office, Manhattan, New York, USA

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Medical office, Manhattan, New York, USA

$6,900,000
$16,953 /m²
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  • Total area
    407 m²
  • Yield
    5.4%
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: $398,402
Tenants
  • Fully let
  • End of lease: 2022

Medical office on the ground floor of the building.

Description

The area of the property is 407 m².

Financial performance

The cost of the property is $ 6,900,000.

Absolute annual income is $ 376,590.

The current yield is 5.4%.

Tenants

The tenant is a pediatrics office.

The lease agreement is valid until 2022.

Location and nearby infrastructure

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.

Upper East Side is considered one of the most expensive and prestigious residential areas of New York. The quarter is famous for the abundance of museums, the number of which there is inferior only to the capital of the country — Washington. Here are located: the Metropolitan Museum, the Guggenheim Museum and the Frick Collection.

The property is located in a prestigious area with a developed infrastructure, near the bus stop, and is surrounded by shops, bars and restaurants.

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