208 E 14th St - Apartments CONDO FOR SALE


New York, NY 10003- East Village
$2,950,000 USD
917-539-0402
208 E 14th St, New York, NY for Sale
$2,950,000 USD
Apartments CONDO - FOR SALE
1/9
null | 5.83% Cap Rate

208 E 14th St
New York, NY 10003
East Village


HIGHLIGHTS

  • ±1,064 SF Retail Condominium Located at 208 East 14th Street in Manhattan’s East Village / Union Square Corridor
  • Leased to Dunkin’ — a Nationally Recognized Quick-Service Restaurant Operator with 10,000+ Locations in the US
  • The Unit was Constructed Brand-New in 2013, and it Comes With Incredibly Attractive Interest-Only Assumable Financing
  • Positioned Within a Dense Urban Retail Corridor with Strong Pedestrian and Transit Traffic

OVERVIEW

The retail condominium is located at the base of a newly constructed mixed-use building completed in 2013. This property comes with an incredibly attractive assumable loan of $1,825,000 that runs through February 15, 2030. The loan is at 3.75% interest-only, with a yearly annual debt service payment of $68,438. Positioned within one of Manhattan’s most active retail corridors, 208 East 14th Street offers investors the opportunity to acquire a stabilized retail condominium leased to a nationally recognized tenant in a highly desirable Manhattan location.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$2,757 USD /SF

CAP RATE

5.83%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' - 9% Return - Assumable Financing

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

95,899 SF

STORIES

8

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

22,921 SF

ZONING

C1-6A

APN/PARCEL ID

0469-1528,0469-1530,0469-1546,0469-1553,0469-1557,0469-1564,0469-1567,0469-1575,0469-1578

ASK ABOUT THIS PROPERTY

Scott PlaskyMarcus & MillichapMore Info
917-539-0402

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Scott PlaskyMarcus & MillichapMore Info
917-539-0402

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