Marilyn Harra Kaye |
 
 
2460-66 Broadway NE Corner of 91st and Broadway  New York, NY 10024, United States ID #:168960 

 13 STORY LUXURY COOPERATIVE


ADDITIONAL LINKS

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Share Listing:
$7,500,000 
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 presented by:
  Marilyn Harra Kaye
Uptown Office
646-279-0679 phone
917-532-8035 mobile phone
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DESCRIPTION

0  Bedrooms N/A  Square Feet 0  Garage/Parking
0  Bathrooms N/A  Lot Size N/A  HOA/Fees
N/A  Year Built N/A  Min. Down 13  Floors

Sponsor holds a 105 year leasehold on the commercial retail space on the ground floor and basement. Lease does not expire until 2085. The lease has 76 years until expiration.

Capital 1 - has the following retail space: 2592 Sqft. plus the basement of 1855 sqft making a total of 4447 sqft.

Portrait Bug- Occupies 1584 sqft.

 LMC Wireless- Occupies 454 Sqft.

The Rent for Capital I goes up 2% compounded annually.

The Rent for Portrait Bug goes up 3% compounded annually.

The Rent for LMC Wireless goes up 3% compounded annually.

Price:$7,500,000 or $3,750,000 cash  above mortgage.

Mortgage: $3,750,000-due 2016-Monthly payment of $24,524.72 can be assumed. Interest 6.17%.

Note: Income from the property is shared 60% to the partnership 215 W. 91st St and 40% to the CO-OP. The CO-OP has no say in the terms of what tenants are picked by the partnership 215 W. 91st Street.

   
  • Property Type: Co-op
  • Sale Type: None
  • Subdivision: N/A
 
 

Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.
 
 
   
 
Uptown Office
1067 Park Avenue
New York, New York 10128
Ph: 347-657-9030
Fax: 212-426-5334
Midtown Office
641 Lexington Avenue, 6th Floor
New York, New York 10022
Ph: 347-657-9041/347-657-9042
Fax: 212-489-4736
Downtown Office
38 West 8th Street
New York, New York 10011
Ph: 347-657-9040
Fax: 212-253-2805
 
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