150 Nassau Street,New York (Manhattan), NY 10038
New York (Manhattan), NY 10038
Description
Calling All Investors, Developers & End-Users!!! 5,000+ Sqft. 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!!!)
Details
| MLS # | 1019017 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 81 |
| Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
Features
| SQ Feet | 5,026 |
|---|---|
| Zoning | C6-4 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Electric |
Exterior
| Construction Materials | Frame |
|---|
Utilities
| Utilities | Electricity Connected, See Remarks |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 80830 |
Area Information
| State | NY |
|---|---|
| County | New York (Manhattan) |
| City | New York (Manhattan) |
| Zip Code | 10038 |
| Listing VS Median (in 10038) | |
Price: $6,588,000 low | high Med: $598,500 sqft: 5,026 low | high Med: 593 $ / sqft: $1,311 low | high Med: $1,013 On site: 81 low | high Med: 141 | |
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Learn More About This Property
| State | NY |
|---|---|
| County | New York (Manhattan) |
| City | New York (Manhattan) |
| Zip Code | 10038 |
| Listing VS Median (in 10038) | |
Price: $6,588,000 low | high Med: $598,500 sqft: 5,026 low | high Med: 593 $ / sqft: $1,311 low | high Med: $1,013 On site: 81 low | high Med: 141 | |