Buy with Yoreevo
$6,472,710
List Price: $6,588,000
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150 Nassau Street

Condo in Fulton/Seaport •  building info
studio
Buy with Yoreevo

$6,472,710

List Price

$6,588,000

Key Details
Days on market
54
Last price change
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Estimated payment
$42,285/mo
Taxes
Maintenance
N/A
Description
Calling All Investors, Developers & End-Users!!! 5,000+ Sqft. Retail Condo With NNN Long Term Restaurant Tenant In The Financial District For Sale!!! The Property Features Long Term Lease, C6-4 (R10 Equivalent) Zoning, Excellent Signage, Great Exposure, High 20' Ceilings, Sprinklers, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Manhattan Just Off The Brooklyn Bridge, Next To Pace University & New York Presbyterian Hospital!!! This Property Is Home To A Very Successful Restaurant Tenant With Multiple Locations That Has Been Rated Best Steakhouse In Manhattan!!! Neighbors Include New York Stock Exchange, Starbucks, Chase Bank, Citibank, Tiffany & Co., Marriott Hotels, PINK Victoria's Secret, USPS, WholeFoods, Target, T.J. Maxx, Marshalls, Popeye's Louisiana Kitchen, Five Guys, Auntie Anne's, CVS, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Brooklyn Chop House: $338,550 NNN Ann.; 15% Increase Every 4 Years; Lease Exp.: 3/6/30; (3) 5 Year Options. Gross Income: $338,550 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $338,550 Ann. (5.14% Cap!!!)

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Building amenities
Services and facilities
Concierge
Fios Available
Live In Super
Parking Available
Wellness and recreation
Gym
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$6,588,000
Asking Price: $6,588,000
Term
30 Years
Down Payment
$658,000 (10%)
Min: 10% (658,000)
Rate
6.0 %
Mortgage Amount
$5,929,200
Mortgage Payment
$35,549
Taxes
$6,736
Estimated Yoreevo rebate
$115,290
Estimated closing cost
$298,000
Total monthly cost $42,285
Buy your dream home with us and get an estimated
$115,290 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of All Island Estates Realty Corp

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