Shop with a tenant, New York state, USA

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Shop with a tenant, New York state, USA

$692,000
$3,548 /m²
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  • Total area
    195 m²
  • Yield
    6.0%
  • Built in 
    1995
Details
Property parameters
  • Land area: 162 m²
  • 1-floor building
Financial performance
  • Annual income: $41,206

Retail storefront building on a busy street in a Queens neighborhood.

Description

Detached commercial building suitable for any type of business.

The total area of the building is 130 m² + basement 65 m².

The property was renovated in 2015, roof and windows were replaced.

Location and nearby infrastructure

The property is located in a densely populated residential area of Queens, New York state, in front of bus stops and across from schools. Also there is a supermarket, restaurants, hospitals, gas station, McDonald's and Walgreens within walking distance.

The distance to New York (Manhattan) is about 20 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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