Commercial unit on the ground floor of the building.
Description
Total area of the property is 204 m²
Restaurant situated on the ground floor of residential white glove service condominium.
Financial performance
Absolute annual income is 189,085 $.
The current yield of 4.1%.
Tenants
The tenant is a prestigious restaurant.
The lease agreement is valid through August 2020.
Lease agreement type: Triple Net Lease. The tenant covers all expenses related to the taxes, insurance and maintenance of the property.
Location and nearby infrastructure
The restaurant located in the business and shopping area of Midtown East, within few blocks away from the Grand Central Station.
