- 2 Floor Retail Condo leased to a strong tenant with another well known and established restaurant in Soho. Tenant has fully renovated their space.
- Restaurant on ground floor with a lounge on lower level.
- Lease Commencement: April, 2014. Lease Expiration: 2029
- Long Term Lease in place with a rare 3.5% annual rent increases
- Property is two blocks from [J,Z,B,D] Subway Stations.
- Lease is backed by a personal guarantee.
- Price – $ 4,500,000
- Cap – 5%
Broome Street New York, NY 10002
$4,500,000.00
Details
- 2 Floor Retail Condo leased to a strong tenant with another well known and established restaurant in Soho. Tenant has fully renovated their space.
- Restaurant on ground floor with a lounge on lower level.
- Lease Commencement: April, 2014. Lease Expiration: 2029
- Long Term Lease in place with a rare 3.5% annual rent increases
- Property is two blocks from [J,Z,B,D] Subway Stations.
- Lease is backed by a personal guarantee.
- Price – $ 4,500,000
- Cap – 5%
Additional Information
| Asset Type | Retail |
|---|---|
| City | New York |
| Neighborhood | Lower East Side |
| Broker | Mark Akilov |
| Price | $ 4,500,000 |
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