№ 1,861,374

Store, New York state, USA

$802,000
$5,012 /m²
  • Total area 160 m²
  • Yield 6.0%
  • Lease term 2024
  • Constructed  1991
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Salman Salmanov
Investment consultant in New York City
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    Key project parameters
    Total area
    160 m²
    Number of parking lots
    10
    Floors
    1
    Constructed 
    1991
    Project description

    Store in the Amityville area.

    Description

    Detached one-story brick building on a busy city street.

    There is parking for 10 cars, a restaurant without a license.

    Deal type: Ground Lease.

    Tenants
    Agreement
    Yes
    End of lease
    2024

    The lease agreement is valid for 4 years.

    Financial performance
    Yield
    6.0%
    Request a personalised calculation
    Location and nearby infrastructure

    The property is located in a city with a population of about 9 thousand people (Suffolk County, New York). The city belongs to the suburbs of New York.

    The property is located in a residential area of the city, close to the highway.

    The distance to New York (Manhattan) is about 50 km.

    New York is one of the most famous cities in the world, where financial institutions, numerous historical and cultural attractions, museums, shops, theaters are concentrated.

    New York is chosen to host its headquarters for organizations like Citigroup, J. P. Morgan Chase & Co., American International Group, Goldman Sachs Group, Morgan Stanley, Merrill Lynch, etc.

    In the city there are such exchanges as the New York Stock Exchange, NASDAQ, the American Stock Exchange, the New York Commodity Exchange. The New York financial industry focuses on Wall Street in lower Manhattan.

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    annual yield
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    exit period
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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

    Not sure where to start? Book a consultation
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      Anna Vorobyeva,
      Head of Commercial Property Department
      Mikhail Reyderman
      Mikhail Reyderman
      Commercial Real Estate Expert

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