№ 1,944,685

Chain pharmacy, Staten Island, New York, NY, USA

$3,600,000
  • Total area
  • Yield 8.0%
  • Lease term 2029
  • Constructed
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Alina Dunaeva
Investment consultant in Staten Island
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    Key project parameters
    Leasable area
    800 m²
    Project description

    Chain pharmacy in New York.

    Description

    Premises with a leasable area of 800 m².

    Tenants
    Agreement
    Yes
    End of lease
    2029

    The property is fully let.

    The lease was concluded until 2029.

    NNN lease.

    Financial performance
    Yield
    8.0%

    The annual income is 288,000 $.

    The yield is 8%.

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    Transaction costs

    Brokerage fee.

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    Location and nearby infrastructure

    The property is located in the borough of Staten Island.

    Staten Island is the southernmost and westernmost of the five boroughs of New York City with a population of more than 450 thousand people, the third-largest in land area.

    Motor traffic can reach the borough from Brooklyn via the Verrazano-Narrows Bridge and from New Jersey via the Outerbridge Crossing, Goethals Bridge, and Bayonne Bridge. The free Staten Island Ferry connects the borough to Manhattan and is a popular tourist attraction, providing views of the Statue of Liberty, Ellis Island, and Lower Manhattan.

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    annual yield
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    exit period
    3 years
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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
      Mikhail Reyderman
      Mikhail Reyderman
      Commercial Real Estate Expert

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        Anna Vorobyeva,
        Head of Commercial Property Department