+44 20 3608 1267

Office building in New York state with a 8,5% yield

7,538,000 €
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Total area: 2,044 m² Yield: 8.5%
  • Absolute return: 606,624 €
  • Land area: 22,137 m²
  • 2-floor building
  • Renter: 100%
  • Number of parking lots: 150

It is an office building for sale in one of the cities in South-Eastern NYS.

Description

The total area of the two-storey building is 2044 m².

The plot of 22,137 m².

There is parking for 150 vehicles.

The property is fully leased out to several tenants.

Financial performance

Absolute income is 681,600 $.

The current yield of 8,5%.

Tenants

There are 10 tenants in total providing medical services in several specialties, such as cardiology, nephrology, pediatrics, physiotherapy, dentistry, etc.

WAULT of 10 years.

Location

The property is situated in the city with median household income of 80,000 $.

Population growth is 11% over the past 5 years.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in New York City
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