- Lower East Side Shop $14,500,000
- Basic parameters
- Photo
№ 1,747,109
Сommercial premises, Manhattan, New York, USA
$14,500,000
$56,640 /m²
- Total area 256 m²
- Yield 4.4%
- Lease term —
- Constructed —
This listing has expired
Свяжитесь с менеджером Tranio, и мы подберём для вас Shop или любую другую недвижимость средиKey project parameters
- Total area
- 256 m²
- Floor
- 1
Project description
Seven shops on the ground floor of the building.
Description
The total area of the property is 256 m².
The building is well reviewed by the Williamsburg Bridge.
The property also includes a billboard.
Tenants
- Agreement
- n/a
The property has 7 tenants. The billboard was leased to one of the largest outdoor advertising companies in the world.
The lease agreement is valid until 2020.
Financial performance
- Yield
- 4.4%
The cost of the property is 14,500,000 $.
The absolute annual income is 638,000 $.
The current yield is 4.4%.
Location and nearby infrastructure
The property is located in the Lower East Side.
There are some of the city's best attractions, such as the Soho area with art galleries, museums, nightclubs and bars and Nolita nearby.
The area provides a huge selection of cafes and restaurants with cuisine from different countries.
More properties
If this property wasn’t for you, take a look at other retail space for sale in Lower East Side.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
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Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
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Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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