Strong Investment Opportunity Condo w Turn Key Restaurant, Large Bsmt - $2,950,000 (New York)
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- Price:$2,950,000
- Address:305 Spring Street, New York, NY 10013
(map)
- Date Posted:04/24/13
- Size (sq ft):1729
- Description:
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Excellent opportunity for restaurant group or investor to purchase retail condo that currently consists of turn-key restaurant offering 1,729 sf/retail and 757 sf/ basement located in vibrant downtown West SoHo neighborhood.
A remarkably strong investment considering prior build out (approx. $1.2M) includes all equipment in excellent condition: full kitchen, venting, walk-ins, wine storage and refrigeration, cash registers, point of sale system, full liquor license and sidewalk café seating. Basement includes office, employee changing room, prep area and storage including separate delivery entrance.
This retail space is in excellent condition and comprises the ground level of a new 7-story 10-unit residential condo building. The high-income neighborhood includes other high-end condo and rentals including the new Trump SoHo Hotel.
Notable restaurants and boutique retail businesses attract tremendous foot traffic. Contact broker to view property and to discuss investment potential.
# Maintenance/CC: $917
# Monthly Real Estate Tax: $1,096
# Minimum Percent Down: 10%
# Neighborhood: SoHo
# Condo
# | 2 Baths
# Price Change: -7.81 %
# Approximate Square Feet: 1,729
CALL NORRIS FOR AN EXCLUSIVE VIEWING
646-624-9373
Ad ID: 15679647
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