- For Sale $2,850,000
- Property Type Retail
- Property Size 2,664 SF
- Lot Size 2,500 SF
- # of Floors 1
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2006
- Year Renovated 2020
- Date Updated Jan 23, 2025
- Construction Type Brick
Description
Prime retail condominium for sale in Union Square, Manhattan located just minutes from NYU University and all public transportation. The space feature an approximate of 2649 square feet with partial basement and back yard. The retail space is equipped with central air, high ceilings and outdoor space. The entire space is leased till 2028 for a restaurant establishment with monthly rent of $14,205 offering an opportunity for investment in the most desirable area of Downtown Manhattan
The lease ends 04/01/2028
Gross annual income $170,460
Total yearly expenses $75,300
Net yearly income $95,160
Highlights
- Around the corner from NYU university
- Excellent location at Union Square
- Partial basement
- Backyard
- Fully equipped restaurant
- The property is leased till 04/01/2028
- Commercial condominium
False
Contacts
Romero Papp
Papp Realty
Licensed Real Estate Broker
Location
Located at 137 East 13 st, New York, NY 10003, this property is part of the East Village neighborhood.
Contact Listing Broker
Romero Papp
Papp Realty
Licensed Real Estate Broker
