Commercial Property in Manhattan-ny For Sale by Owner	Search ZIP Within 0 5 10 15 25 50 75 100 miles Add To Favorites Print Listing Mail To A Friend Send Message To Seller
Asking Price USD 100,000,000 Property Type Commercial Property Year Built 1920 Property Address : 5th Avenue Manhattan NY, Manhattan-ny, New York 10021 New York County School District : NY Seller information: Name : Danny Noronha Phone: 00919448669512 Alt Phone: 00919448669512
Bedrooms: More than 5 Bathrooms: More than 3 Floors : More than 3 Garage Size: More than 3 Size : 0.1 sq. feet Lot Size : 0.1 acres
Description: To your view I have attached synopsis of the commercial building is located on Fifth ave in Manhattan location. If you would like to be proceed do not hesitate to contact me direct lines below. Lot area: 14.124Sqft Lot frontage: 98.75 by depth 150 Sqft Zoning: C 5-2 Comm Built 1920 Story: 11 Rentable Sqft:193,231Sqft Office:182,010 Sqft Retail and basement zise:11,221 Sqft There are 65 leases and 45 will be demolition clause and some pending leases to be negotiated by the principal as well- asking price.$ 143 million plus fee3 % to be covered by the buyer's end.CashFlow Before Debt Service of 2009 as of now $5,737,772 at yield at 4% ROI-based on $143.M. PV. Total of occupied 162,006-Sq-ft Vacant : 15,000 as of now two out(8000-Sq-ft) of three there are out to be signed. Clarification, 13-15 leases there're way below market there are paying at $23-$26 @sq-ft.!!!!! Please note there is no assumable mortgage for this property. contact below sole Agent:- Danny Noronha Sowmya Real Estate International Link Agency, kulurose@yahoo.com Contact New york Attorney:- For assistance with Attorney services please Contact below:- Busson & Sikorski:- bbusson@usa.net Busson & Sikorski 381 Park Avenue South Suite 615 New York, New York 10016-8806 Telephone: 212-532-7191 Fax: 212-532-7184 Assists clients in the purchase and sale of investment or business property. These services include the establishment of Limited Liability Companies as entities to acquire title to investment property; the use of 1031 exchanges, when appropriate, to reduce capital gains taxes on the gain realized from the sale of the property, drafting contracts for the sale of investment property, and assisting the client in the closing http://www.FSBOads.com/13308
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