- 948,000 $
- 8.5% yield
Commercial unit on the ground floor of the building.
Description
Total area of the property is 204 m²
Restaurant situated on the ground floor of residential white glove service condominium.
The tenant is a prestigious restaurant.
The lease agreement is valid through August 2020.
Lease agreement type: Triple Net Lease. The tenant covers all expenses related to the taxes, insurance and maintenance of the property.
Absolute annual income is 189,085 $.
The current yield of 4.1%.
The restaurant located in the business and shopping area of Midtown East, within few blocks away from the Grand Central Station.
If this ad doesn't suit you, have a look at the other restaurants for sale in Manhattan.
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