Broome Street New York, NY 10002

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Broome Street New York, NY 10002

$4,500,000.00

  • 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%

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

Map

 

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Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com