Astor Place Vented Space for Sale + 15-year BELOW market Lease Rents
INCREDIBLE Business opportunity!!
- only $150K key money for the fantastic location & LONG TERM low rent lease!!
Brand new VENTED space & equipments at PRIME Astor Place location.
ALL USES CONSIDERED.
a) Astor Place subway right at the corner
b) Bus stop right in front of the store (a bit to the right)
c) IBM across the street; Facebook & NYU housing next block.
- Incredible foot traffic
INCREDIBLE LEASE TERMS: way below market rate lease till 1/31/2036.
a) Lease below market rate (signed during COVID) and minimal escalation till 2035.
b) Rent at $9000 in 2022; $10,000 Fixed (2023-2025)! And 4% increase every 2 years.
c) Real estate tax FIXED at $1000 monthly
d)Key Money NOW only $150K,
**Space can be used as a restaurant, coffee shop, or continued being a Deli/grocery