Investment properties for sale
We are happy to share some interesting investment options for sale with existing long-term tenants and guaranteed cash-flow.
In our continuous effort to find most lucrative investment opportunities for our clients, we would like to offer you the following selection of investment properties available on the market for sale. We have selected commercial properties because they offer higher return on your investment compared to similarly priced residential properties. Additionally, commercial tenants require minimal management and take over majority of property maintenance and expenses. We also selected several retail condominium units because such units conveniently combine higher return of commercial properties with existing professional management of the condominium building. This makes retail condo units an ideal investment for buyers who would like to maximize their return without the hassle of daily property management. This is just a small sample. Let us know if you find something interesting. As always, we are happy to search the market for a property that matches your individual criteria.
We will be very happy to answer any questions you might have and send you other properties for sale. For more information, please contact Evans Real Estate at +1-212-343-06-00 or email@example.com
Prime retail condominium for sale in Downtown
The condo is occupied by a child care center which has over 200 locations in the US and is paying $44/SF. The tenant is in the first year of a fifteen year lease with a five year option at a set rent with 7.5% increases every 3 years providing an investor with steady income and great long term rental potential once the World Financial Center and the surrounding area comes fully alive.
Asking price: $6,250,000, CAP: 5,2% More details
Net-Leased 7-Eleven Retail Condominium
The ground floor and lower level retail space with a street frontage is available in West Village. The space is 3,750 sq.f. retail condominium (2,250 sq.f. ground and 1,500 sq.f. basement) rented to 7-Eleven, Inc for 12 years starting May 2013 with a 9% increase ever 3 years. The Tenant has one 8 years option to renew the lease and two 5 years. Landlord is responsible for base year RE taxes and Common Charges.
Asking price: $5,950,000, CAP: 4%
Retail, Medical or Office space for sale in Tribeca
The property has 50 feet frontage, 900 sq.f. private courtyard, ground level is 1800 sq.f. finished with private entrance and mezzanine is 500 sq.f. (with a possibility to build up to 1800 sq.f.) The space was recently tastefully renovated with new installation of skylight, floor to ceiling windows, dark oak flooring and phenomenal light. The property is rented for 10 years with triple net lease to a famous architectural bureau.
Asking price: $3,5000,000, CAP: 4,8%.
Upper West Side Retail Condo
A ground floor retail condominium with approximately 19 feet of frontage on Broadway. The space measures approximately 717 sq. ft. on the ground floor with another 1,100 sq. ft. of basement storage and features soaring 16.5’ ceilings. The basement also has tall ceilings and can be accessed both internally and via a hatch on the sidewalk. The unit is currently leased to the Tenant which is paying $12,755.77 per month and is in the 5th year of a 10 year lease that expires on 12/31/2019. The tenant is also responsible for 10% of annual real estate tax bill and annual escalations of 3%.
Asking price: $2,5000,000, CAP: 4,45%.
Multi family building for sale on Upper East Side.
Four stories multi family building with three apartment units and one retail unit is available for sale on Upper East Side. The building size is 4,340 sq.f. Ground floor is occupied by a restaurant with a triple net lease for another 8 years till December 2022 with annual rent income of $300,000. All three apartments are rented for $3,500, $3,500 and $ 3,750. Current market price is about $4,000.
Asking price: $7,0000,000, CAP: 5.06%.
New Multifamily Building, Williamsburg.
This brand new classic brick 5,200 sq.f. + 1,300 sq.f. finished cellar multi-family investment/income building consists of 3 units: 2 bedroom/2bathroom duplex, 3 bedroom/2 bathroom and 5 bedroom/5 bathroom duplex apartments in addition to a courtyard garden, 1500sf rooftop deck, laundry facilities, and a driveway with 2 parking spaces. ￼High end finishes, top of the line stainless steel appliances, video intercom systems, and surround sound speaker systems ￼are featured in every unit.
Asking price: $2,990,000, CAP: 5%.