Total area is 654 m²
Area of the ground floor — 383 m²
Area of the lower level — 271 m²
Ceiling height is 3.3 metres.
The frontage with length of 15 metres.
Absolute income is 750,000 $.
The current yield of 3.5%.
The tenant is a large restaurant chain, which has more than 200 branches in the USA and Canada. The annual turniver of the company is 2.7 billion dollars.
The lease agreement was signed for 10 years in 2011. The agreement has extension options for 2x5 years.
The broker's fee of 2%.
The restaurant located on the one of the main retail corridors of Upper East Side. This street with high foot traffic includes stores of large companies such as H&M, Best Buy, Sephora, TD Bank, Victoria Secret and Shake Shack. There is a Metro station with acces to the express lines.