A commercial building with a restaurant and street retail in West Village.
Description
A commercial building with a restaurant and street retail.
More than 1.5 million dollars over the past 3 years have been spent on upgrading the infrastructure, facades of the building and commercial units.
The cost of the property is 13,500,000 $.
The absolute annual income is 603,590 $.
The current yield is 4,5%.
The building is fully rented by 3 commercial tenants.
The anchor tenant is an international chain of bakery restaurants, represented in more than 15 countries of the world.
The property is located in New York, in the pedestrian zone of the prestigious West Village — the western part of Greenwich Village (Manhattan). Since 1916 the West Village has been nicknamed ”Little Bohemia“. The area has many lofts.
The building is just a few minutes walk from New York University and Washington Square park.
Transport accessibility:
- La Guardia Airport — 25 minutes by taxi (without traffic jams)
- John F. Kennedy Airport — 35 minutes by taxi (without traffic jams)
- Times Square — 15 minutes by subway
- Wall Street — 16 minutes by subway
