Office building in New York

Price on request
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Total area: 868 m² Yield: 5.0% Built in 1920
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Features
  • Absolute return: 330,285 €
  • Land area: 464 m²
  • Percentage of the rented area: 100%
  • Most recent total renovation: 1992

It is an office bulding, located in Manhattan.

Description

The two-storey building was constructed in 1920.

The total area is 868 m².

The plot of 464 m².

The building was renovated in 1992 and now consists of open plan, private offices and meeting space.

The property is fully leased to a major company.

Financial performance

Absolute income is 351,368 $.

The current yield of 5%.

Tenants

Tenant is Isabella Home Care, is engaged in health care, and having an annual turnover of $125 million.

The Triple Net Lease agreement is signed until 2021.

All operating and repair costs are borne by the lessee.

Location and nearby objects

The property is located in northern Manhattan.

There are many shops of different brands, subway station and bus stop in the immediate vicinity of the area.

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Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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You can see more office buildings for sale in Manhattan elsewhere on our website.

Enquire about this office building
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services