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5-01 47th Rd - Net-Leased LIC Retail - 100% Occupied Unité de condo • Commerce de détail • 2 208 pi² • À vendre 2 055 000 $ CAD • Long Island City, NY 11101
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Faits saillants de l'investissement
- A Net-Leased ±2,393 SF Retail Condominium Located on the Corner of 47th Road and 5th Street in Long Island City
- Modified Gross Lease Structure with Tenant Responsible for 100% of CAM and Real Estate Taxes Above Base Year
- Prime LIC Location Surrounded by New Luxury Developments and Steps From Gantry Plaza State Park and the 7 Train
- 100% Leased to Fred Astaire Dance Studios Through January 2034 with Three Percent Annual Rent Increases
- Corner Unit Featuring Private Ground-Floor Entrance and Elevator Access to Lower-Level Space
1 Unité disponible
Unité Retail
| Taille de l’unité | 2 208 pi² | Type de vente | Investissement |
| Prix | 2 055 000 $ CAD | Taux de capitalisation | 6,08% |
| Prix par pi² | 930,71 $ CAD | Revenu net d’exploitation | 124 991,95 $ CAD |
| Utilisation du condo | Commerce de détail |
| Taille de l’unité | 2 208 pi² |
| Prix | 2 055 000 $ CAD |
| Prix par pi² | 930,71 $ CAD |
| Utilisation du condo | Commerce de détail |
| Type de vente | Investissement |
| Taux de capitalisation | 6,08% |
| Revenu net d’exploitation | 124 991,95 $ CAD |
Description
The unit has an entrance on the corner, with a private elevator that goes down to the lower level. The unit is Use Group 6, and it allows for all retail uses. The
space has a 185-square-foot private entrance on the ground floor, and the additional 2,208 square feet are on the lower level. Positioned in an outstanding
pocket of Long Island City, the offering is surrounded by thousands of new construction luxury apartments, and the streets are lined with local restaurants
and retailers. It is located directly across the street from Duane Reade, and Foodcellar & Co Supermarket. The property is also just a short walk to both
the waterfront, Gantry Plaza State Park, as well as the Vernon Blvd-Jackson Ave subway station (7 Train)
Notes sur la vente
The subject offering consists of a 2,393-square-foot retail condominium located on the corner of 47th Road and 5th Street in Long Island City (Queens). The unit sits at the base of a five-story, nine-unit boutique condominium building that was constructed brand-new in 2023. The property is fully occupied and leased to Fred Astaire Dance Studios on a ten-year lease that runs through January 31, 2034. The tenant has three percent annual increases.
Theyare responsible for paying 100 percent of the Condo Maintenance Fees, and 100 percent of the real estate taxes above their base-year of 2024/2025 (base year taxes were $10,725).
Faits sur la propriété
Commodités
Commodités du site
- Accès 24 heures
- Accès contrôlé
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 8 | - | - |
Renseignements importants sur le locataire Cliquez ici pour accéder à
| LOCATAIRE | pi² Occupé | DATE DE FIN DE BAIL |
|---|---|---|
| Fred Astaire Dance Studio |
-
|
Jan 0000
|
| LIC ballroom dance studio dba Fred Astaire dance |
-
|
Jan 0000
|
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5-01 47th Rd - Net-Leased LIC Retail - 100% Occupied
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