Commercial Property in New York City

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Commercial Property in New York City

5,225,000 $
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Total area: 515 m² Yield: 4.0% Built in 2014
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Features
  • Operating Incomе: 186,930 €
  • Land area: 1,174 m²
  • 1-floor building
  • Occupancy: 100%

It is a brand new commercial center in Staten Island, NYC.

Description

The one-storey building with a total area of 515 m² was constructed in 2014.

The plot of 1,174 m².

The property is in good overall condition, no repair is needed.

The building is fully leased out to a major tenant.

Financial performance

Absolute income is 209,000 $.

The current yield of 4%.

Tenants

Tenant is Bank of America, the top holding company in the United States with the largest assets.

The NNN lease agreement is signed for 20 years with the indexation of rental rates every 5 years.

All operating costs are borne by the tenant.

Location and nearby objects

The property is located in the prime business area adjacent to other large tenants such as King Kullen Supermarket, Post Office, Commerce Bank, SI Savings Bank.

There is the metro station 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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Enquire about this business centre
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