150 Nassau St - Apartments CONDO FOR SALE


New York, NY 10038- Financial District
$6,588,000 USD
516-279-8828
150 Nassau St, New York, NY for Sale
$6,588,000 USD
Apartments CONDO - FOR SALE
1/10
null | 5.14% Cap Rate

150 Nassau St
New York, NY 10038
Financial District


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 5,000+ Sqft.Corner Retail Condo With NNN Long Term Restaurant Tenant In The Financial District!!!
  • The Property Features Long Term Lease, C6-4 (R10 Equivalent) Zoning, Excellent Signage, Great Exposure, High 20’ Ceilings, Sprinklers, +++!!!
  • 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, +++!!!
  • This Property Offers HUGE Upside Potential!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 5,000+ Sqft. Corner 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!!!)

FOR SALE DETAILS

PRICE

$6,588,000 USD

PRICE/SF

$1,311 USD /SF

CAP RATE

5.14%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Park Place Tower

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

166,690 SF

STORIES

23

BUILDING CLASS

B

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C6-4, New York

APN/PARCEL ID

0100-1001,0100-1014,0100-1028,0100-1034,0100-1060,0100-1064,0100-1079,0100-1082,0100-1086,0100-1090,0100-1101,0100-1112,0100-1127

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.