Neuhaus Realty, Inc.
Listed by Neuhaus Realty, Inc.
$100,000
8 Barrett Avenue
Details
APN 01053-103
Property Type Business for Sale, Retail
Sub Type Business Only, Storefront
Square Footage 1,040
NOI $70,000
Year Built 2002
Zoning R3-2
Business for Sale | 1,040 SqFt
Marketing description
A rare opportunity to own not just a successful business, but a piece of New York City history. ''PHILIP'S CANDY'' was established in 1916; this well-known business has a loyal, long-standing customer base and strong repeat clientele.
The company is renowned for its tradition of crafting small-batch chocolates, hand-dipped fruits, signature jelly apples, and a wide variety of other specialty confections.
The business owner also owns the building and is willing to work with a qualified buyer to preserve and continue the legacy by offering an attractive lease.
Additionally, the owner is open to selling the business together with the building for those interested in a full acquisition.'' See MLS#2601025
Listing Contacts
Neuhaus Realty, Inc.
Listed by Neuhaus Realty, Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,000.00
$5,833.33/mo
Valuation Metrics
0
DSCR
70%
Cap Rate
70%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
