Listed by Highcap Group
$3,285,000
111 Murray Street RETAIL CONDOS
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,200
Units 2
Cap Rate 6.06%
NOI $199,094
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 8
Price per SqFt $1,493
Year Built 2019
Investment Type Core
Occupancy Date 09/01/2024
Cash Flowing Investment Grade Retail Condos
Marketing description
Prime Tribeca Corner Retail Condos
2,200 SF with 2 tenants 100% occupied
On a Public Plaza — Ask: 6.24% CAP
Long term leases, 3% annual increases
Listing Contacts
Listed by Highcap Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$199,094.00
$16,591.17/mo
Valuation Metrics
0
DSCR
6.06%
Cap Rate
6.06%
ROI
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