111 murray street, #retail condos, New York, NY 10007

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$2,900,000
Active for Sale
 
Listing ID 11346705
Property Type Commercial Building
County New York
Township manhattan
Unit retail condos
FEMA Flood Map fema.gov/portal
Year Built 2022
   
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PRIME TRIBECA BRAND NEW RETAIL CONDOS 100% OCCUPIED 6.5 CAP RATE

2 retail condos at the base of a brand new construction high-rise corner condo in prime tribeca with a public plaza between the 2 condos. New 10 year leases with 3% annual increases and 2 excellent credit tenants. Price: $2,900,000
Property Details
  • Built in 2022
  • Unit retail condos
  • Available 9/24/2024
  • Renovation: Brand new construction
Commercial Info
  • Interlude Coffee & Brooklyn Bakery (Business Name)
  • Uses: Retail / Food
  • 7% Cap. Rate
Income/Expenses
  • Gross Income $264,900
  • Net Income $188,567
  • Operating Exp $76,333
  • Total Exp $76,333
Listed By
HIGHCAP GROUP LLC
Office: 212-575-0022
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