About This Property
The price shows the lowest per square footage of all the buildings sold lately in the area, and leased by a national corporation with a little under 3 years in the current lease with 5 year renewals options.
With the building and the land you also can acquire the business name of the owner of the building with perfect business record for almost 20 years is the perfect asset for future successful business.
This store located in a major highway with high traffic is surrounded by restaurants, grocery stores, and hardware store
Please do not disturb the business.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2024 | No longer available | - | |
| No longer available | |||
| Nov 24, 2023 | Listed | $3,950,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017