№ 1,743,932

Shop 542 m² in New York City

$17,500,000
$32,287 /m²
  • Total area 542 m²
  • Yield 4.7%
  • Lease term —
  • Constructed —
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Daria Krestova
Daria Krestova
Investment consultant in New York City
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    Key project parameters
    Total area
    542 m²
    Floor
    1
    Project description

    Shop on the ground floor of the building.

    Description

    The total area of the property is 542 m².

    The building is well reviewed by Soho — one of the most visited areas by tourists.

    Tenants
    Agreement
    n/a

    The property has 5 tenants.

    The WALT is 3.4 years.

    Financial performance
    Yield
    4.7%

    The cost of the property is 17,500,000 $.

    The absolute annual income is 813,689 $.

    The current yield is 4.7%.

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    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.

    There is a huge selection of cafes and restaurants with cuisine from different countries in the area.

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    annual yield
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    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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    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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      Anna Vorobyeva,
      Head of Commercial Property Department
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        Anna Vorobyeva,
        Head of Commercial Property Department