Manhattan Retail Investment Property

Details

Listing 4970 

ASKING PRICE: $4,000,000

Rare opportunity to own this desirable 3,500 SF retail unit in a highly walkable retail corridor of Midtown Manhattan. Strong restaurant tenant and cannabis eligibility for future consideration. Close proximity to Hotels, Restaurants, Event Venues and Residential.

Investment Summary:

• Currently leased to stable tenant
  • Popular Fusion Restaurant
  • Multiple Locations in NY
• 2024 Net Estimate $147 K
• 6 Years Remaining On Lease
• Generating excellent owner income

Property Highlights:

• Part of a larger mixed-use building
  • New Construction Condo Complex
• Two Story Unit: Ground Floor and Basement Level
• Approximately 3,500 SF
• BONUS: Cannabis Zoning

Jason Piazza – License# 01405965 – WeCann

Co-Listed with Corey Shuster; Associate Agent with Douglas Elliman. Contact: 917-620-2886 corey.shuster@elliman.com