150 Nassau Street, New York (Manhattan), NY 10038
sale
$6,588,000
|
Other
Courtesy 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!!!)
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Frame
- Heating System: Electric (Heating)
- MLSID: 1019017
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