REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing Courtesy of Christies International Real Estate Group LLC
$ 8,900,000
Est. payment | /mo
3 Beds
3 Baths
6,336 SqFt
$ 8,900,000
Est. payment | /mo
3 Beds
3 Baths
6,336 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,336 sqft
Price per Sqft $1,404
Subdivision Kips Bay
MLS Listing ID RLS11015498
Bedrooms 3
Half Baths 4
HOA Y/N No
Year Built 1901
Annual Tax Amount $59,976
Property Sub-Type Mixed Use
Property Description
An incredible opportunity!This large Kip's Bay townhouse features a two-unit mixed-use layout, with commercial offices occupying the lower two floors and a residential duplex above.The property generates a gross rent of 450,000, secured by a corporate guarantee for the office lease. It is turnkey and fully leased.Unit #1 spans two levels plus a basement and is occupied by a financial services company. The annual rent is 300,000, backed by a corporate guarantee from a publicly traded NYSE company. The lease is for 5 years, with a 5-year option to renew at 330,000 per year.Layout:The basement is utilized for storage and building mechanicals. The Garden Level features an entrance lobby, office, kitchen, conference room, two half bathrooms, and a backyard.The Parlor Level includes the 'Havana Room' with coffered ceilings, an onyx bar, a drop-down theater screen, and a projection system, along with an office, bullpen, and half bath.The top two floors comprise a duplex where the seller paying 150,000 annually plus real estate taxes for 5 years. This level includes a spacious living room, dining room, kitchen, office, bathroom, and terrace on the third floor, with three bedrooms and two bathrooms on the upper level.The seller is open to vacating the premises if the purchaser prefers.
Location
State NY
County New York
Rooms
Basement Other
Interior
Cooling Central Air
Fireplace No
Appliance Washer Dryer Allowed
Laundry Washer Hookup, In Unit
Exterior
View Y/N No
View Other
Porch Terrace
Private Pool No
Building
Dwelling Type Mixed Use
Story 4
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $4, 998
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by LUXIAN INTERNATIONAL REALTY