Available For Sale - Retail

7,954 SF | Show Pricing $

AVAILABILITY DETAILS

Size
7,954 SF
Price/SF
Show Pricing $
Listing ID
SA387934
Notes
Cap Rate 5.78%

NOI $2,425,719

Building Size 7,954 sqft

Units 3

Year Built 1912





Trophy Asset | Pride of Ownership | Located at the “A+” Intersection of Broadway (Internationally Known) & 81st Street in the highly affluent, Upper West Side of Manhattan

Bank of America is a Publicly Traded Company (NYSE: BAC) | Investment Grade Tenant (S&P A-)

Irreplaceable Real Estate & Visibility - 103 Feet of Frontage along the Iconic Broadway

Flexibility & Upside with Four (4) Separate Condominium Units (Bank of America currently occupies two (2) units)

100% Leased Asset | Long-Term Stability with Upside from Rental Increases & Below Market Rent

Prime Residential Market | Surrounded by both Historic & Newly Developed Residential Projects

Extremely Dense Urban Infill Location Supported by Mass Transit and a Walk-Friendly City Layout

High Barrier-to-Entry Trade Area

Friction-Free Investment with Minimal Landlord Responsibilities
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Matt Brooks, Feris Lee Investment