- 30,592,000 $
- 4.7% yield
- Manhattan Shop $3,700,000
- Basic parameters
- Photo
№ 1,731,302
Shop 216 m² in Manhattan
$3,700,000
$17,129 /m²
- Total area 216 m²
- Yield 4.7%
- Lease term 2024
- Constructed —
Key project parameters
- Total area
- 216 m²
- Floor
- 1
Project description
Spa on the ground floor of a building in Manhattan.
Description
The total area of the property is 216 m².
The building was built in the pre-war period and was recently renovated.
Tenants
- Agreement
- Yes
- End of lease
- 2024
A tenant since December 1, 2017 is a large retail chain of spa salons, represented in Los Angeles and Westchester County.
The lease agreement is concluded until December 2024.
Financial performance
- Yield
- 4.7%
The price of the property is 3,700,000 $.
The absolute annual income is 175,427 $.
The current yield is 4.7%.
Location and nearby infrastructure
The property is located in Flatiron, Manhattan's business district.
There are the Madison Square Park, the large Union Square, various historical and cultural museums, metro stations and bus stops nearby.
Historical architecture blends harmoniously with modern shops, restaurants and nightclubs.
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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
We use a methodology that enables us to formulate requests and find good deals in the market
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
We will arrange a visit to the site to view one or more projects
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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