137 E 13th St New York, NY 10003
Prime retail condominium in Union Square, Manhattan, leased until 2035.
Type:Retail
Property size:
3,345 SFPrice / SF:
$926/SF- Added:
- Jul 11, 2023
- Days on Market:
- 1017
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 137 E 13th St
General Information
- Standard status
- Active
- Size
- 3,345 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agent Romero Papp License #NY 10311206337
Listing office Papp Realty
Listing date Jul 11, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Papp Realty
Overview
Manhattan Retail Condominium For Sale
This prime retail condominium is available for sale in Union Square, Manhattan, conveniently located near NYU University and public transportation. The space encompasses approximately 3345 square feet, including a partial basement and backyard. The first floor provides 1676 square feet, complemented by a 1350-square-foot cellar and a 328-square-foot backyard. Equipped with central air, high ceilings, and an outdoor space, the retail space is currently leased to a restaurant establishment until March 31, 2035, presenting an investment opportunity in Downtown Manhattan. The monthly rent is $18,000, with monthly common charges of $1,583. The annual real estate taxes are $66,119, and the annual insurance is $4,000. A 4% rent increase occurs annually, resulting in a net monthly income of $11,207. The annual net income is $134,489, with an annual tax add back of $4,898, bringing the total net annual income to $139,387.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Silky Kitchen
Restaurant
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9987508
- Latitude
- 40.7373922
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Prime retail condominium in Union Square, Manhattan, leased until 2035.
Where is this retail space located?
The property is located at 137 E 13th St New York, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Prime retail condominium in Union Square, Manhattan.; Leased until 03/31/2035 to a restaurant establishment, providing immediate investment income.; Annual net income of $139,387.
