Store, New York state, USA

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Store, New York state, USA

$745,000
$4,656 /m²
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  • Total area
    160 m²
  • Yield
    6.0%
  • Built in 
    1991
Details
Property parameters
  • Number of parking lots: 10
  • 1-floor building
Financial performance
  • Annual income: $44,376
Tenants
  • Fully let
  • End of lease: 2024

Store in the Amityville area.

Description

Detached one-story brick building on a busy city street.

There is parking for 10 cars, a restaurant without a license.

Deal type: Ground Lease.

Tenants

The lease agreement is valid for 4 years.

Location and nearby infrastructure

The property is located in a city with a population of about 9 thousand people (Suffolk County, New York). The city belongs to the suburbs of New York.

The property is located in a residential area of the city, close to the highway.

The distance to New York (Manhattan) is about 50 km.

New York is one of the most famous cities in the world, where financial institutions, numerous historical and cultural attractions, museums, shops, theaters are concentrated.

New York is chosen to host its headquarters for organizations like Citigroup, J. P. Morgan Chase & Co., American International Group, Goldman Sachs Group, Morgan Stanley, Merrill Lynch, etc.

In the city there are such exchanges as the New York Stock Exchange, NASDAQ, the American Stock Exchange, the New York Commodity Exchange. The New York financial industry focuses on Wall Street in lower Manhattan.

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