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Asking Price USD 100,000,000
Property Type Commercial Property
Year Built 1920

Property Address :
fifth avenue new york,
New York, New York 10021

New York County




Seller information:
Name : Danny Noronha
Phone: 00919448669512
Alt Phone: 00919448669512

Bedrooms: None
Bathrooms: More than 3
Floors : 1
Garage Size: More than 3
Size : 193231 sq. feet
Lot Size : 14.125 acres

Description:
Description:
For Sale Mortgage NOTE for 143 million $.
There is no assumable mortgage for this property.
To your view I have attached synopsis of the commercial building is located on Fifth ave in Manhattan location. If you would like to be proceed do not hesitate to contact me direct lines below.
Lot area: 14.124Sqft
Lot frontage: 98.75 by depth 150 Sqft
Zoning: C 5-2 Comm
Built 1920
Story: 11
Rentable Sqft:193,231Sqft
Office:182,010 Sqft
Retail and basement zise:11,221 Sqft
There are 65 leases and 45 will be demolition clause and some pending leases to be negotiated by the principal as well- asking price.$ 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

http://www.FSBOads.com/13510
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Submission Date: 11-20-2009
Last Updated: 11-20-2009

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