RETAIL CONDO – HIGH END RESTAURANT/LOUNGE

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RETAIL CONDO
302 Broome St., New York, NY

PRICE Make Offer
GLA 3,846 SF
PROPERTY TYPE Single Tenant Retail Condo
CAP RATE 3.0%
LEASE TYPE Gross
LEASE EXPIRATION Oct. 2028
YEAR BUILT N/A
Downloads
OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 175,758
3 – mi. – 1,002,302
5 – mi. – 2,500,354
More info in the flyer

INVESTMENT HIGHLIGHTS

  • 2 Retail Condos leased to a strong tenant with another well know and established restaurant in Soho which caters to Celebrities on Sundays. Tenant has fully renovated their space to look brand new. Restaurant on ground floor with a lounge on lower level.
  • Long Term Lease in place with 3.5% annual rent increases – ideal for a 1031 exchange.
  • Steps from the biggest names in the restaurant, art and fashion industry.
  • Two blocks from the J, Z, B, and D subway lines.
  • Lease is backed by a personal guarantee.

City:New York
State:NY
Square Feet:3,846 SF
Price:Make Offer
Cap Rate:3%

Listing Inquiry