E 21st St New York, NY 10010
Retail space with basement, existing lease, high income potential.
Type:Retail
Property size:
1,500 SFPrice / SF:
$1,066/SF- Added:
- Mar 9, 2023
- Days on Market:
- 1144
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for E 21st St
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Retail
Listing agent Sung Cho License #10301203280
Listing office Midtown Commercial Real Estate
Listing date Mar 9, 2023
Source Crexi
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Overview
Retail Space with Basement Lease
This property features a 1,500-square-foot ground floor space with an additional 1,500-square-foot basement. The current lease has a remaining term of 7 years, with the possibility of negotiating a new 10-year lease or extending the existing lease, subject to a monthly rent increase of $1,000. The current monthly rent is $16,500. The business generates a gross weekly income of $36,000, with a net monthly income ranging from $30,000 to $40,000. The business operates from 6 AM to 5 PM and employs 11 people. The asking price for key money is $1,600,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9608662
- Latitude
- 40.6542279
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail space with basement, existing lease, high income potential.
Where is this retail space located?
The property is located at E 21st St New York, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High Net Monthly Income: $30,000 - $40,000; Strong Gross Weekly Income: $36,000; Existing Lease: 7 years remaining with options for extension
