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    2 New York Corporate Stores New York, NY 10009

    Sponsored
    For Sale
    $750,000

    High-EBITDA Retail Investment, NYC

    Property size:
    11,410 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity involves the acquisition of two established retail locations totaling 11,410 square feet in the New York City metropolitan area. Built in 2015, these properties are currently operated as corporate stores by a well-known international furniture brand with over 300 locations worldwide and a 70-year history. The seller is seeking a franchisee or partner to take over these high-profile stores, one situated in New York City and the other in an upscale suburban mall. This turnkey franchise system offers a proven business model with high customer loyalty and repeat business, resulting in quick cash flow generation and a strong ROI. The franchisor provides comprehensive support to its partners, including an updated seasonal range of contemporary and modern furniture. This is a unique chance to acquire a well-established business within a successful international brand, with the potential for significant expansion within the New York Tri-State area. The asking price for both locations is $750,000. The franchisor is only selling to individuals or groups with the capacity and vision to open additional stores and maximize the territory's potential. This presents a low-investment, high-return opportunity for the right buyer.

    Property Features for 0 2 New York Corporate Stores

    General Information

    Property type
    Retail properties
    Square Feet
    11,410 SF

    Building Details

    Year Built
    2015

    HighLights

    • $750,000 asking price for a retail property.
    • 11,410 square foot retail space.
    • Built in 2015.
    • Two New York City area retail locations available for franchise acquisition.
    • Established international furniture brand with over 300 global locations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9800645
    Latitude
    40.7275043

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    FAQs

    What type of property is this?
    Retail property - High-EBITDA Retail Investment, NYC
    Where is this retail property located?
    The property is located at 2 New York Corporate Stores New York, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for a retail property.; 11,410 square foot retail space.; Built in 2015.
    Request Owner's contact information
    2 New York Corporate Stores New York, NY 10009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 New York Corporate Stores New York, NY 10009
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