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Manhattan, Manhattan, NY 10038
Property Type
Commercial Sale
Central AC
Yes
Year Built
1900
RE Tax
$80,830 (Monthly)
Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.
Calling All Investors, Developers & End-Users!!! 5,000+ Sqft. Retail Condo With NNN Long Term Restaurant Tenant In The Financial District For Sale!!! The Property Features Long Term Lease, C6-4 (R10 Equivalent) Zoning, Excellent Signage, Great Exposure, High 20’ Ceilings, Sprinklers, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Manhattan Just Off The Brooklyn Bridge, Next To Pace University & New York Presbyterian Hospital!!! This Property Is Home To A Very Successful Restaurant Tenant With Multiple Locations That Has Been Rated Best Steakhouse In Manhattan!!! Neighbors Include New York Stock Exchange, Starbucks, Chase Bank, Citibank, Tiffany & Co., Marriott Hotels, PINK Victoria’s Secret, USPS, WholeFoods, Target, T.J. Maxx, Marshalls, Popeye’s Louisiana Kitchen, Five Guys, Auntie Anne’s, CVS, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Brooklyn Chop House: $338,550 NNN Ann.; 15% Increase Every 4 Years; Lease Exp.: 3/6/30; (3) 5 Year Options. Gross Income: $338,550 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $338,550 Ann. (5.14% Cap!!!)
0
Manhattan
Manhattan
Commercial Sale
$80,830 (Monthly)
1900
Frame
1900
Manhattan
Manhattan
$80,830 (Monthly)
Yes - Central Air
Yes - Electric
0
Public
Total$115,364.78/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Manhattan, NY, is the cultural and financial heart of New York City, known for its iconic skyline, historic landmarks, and vibrant neighborhoods.
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