year NNN Lease ... - Agorafy

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For NNN Lease – Vacant Office Building

27 East Broadway Chinatown – New York, NY 10002 LOCATION: South side of East Broadway, between Catherine Street and Market Street BLOCK / LOT: 280 / 47 LOT DIMENSIONS: 25.2' x 87.5' (Approx.) (Approx. SF) LOT AREA: 2,188 BUILDING DIMENSIONS: Floor Gross SF Dimensions Use As Per C/O Bank Cellar (Approx.) 2,205 25.2' x 87.5' Bank Ground Floor (Approx.) 2,205 25.2' x 87.5' Bank 2nd Floor (Approx.) 2,205 25.2' x 87.5' Office 3rd Floor (Approx.) 2,205 25.2' x 87.5' Office (Approx.) 4th Floor 2,205 25.2' x 87.5' Office 5th Floor (Approx.) 2,205 25.2' x 87.5' Office 6th Floor (Approx.) 2,205 25.2' x 87.5' 7th Floor (Approx.) 2,205 25.2' x 87.5' Office/Residential Total Gross SF (Approx.) 15,435 (Above Grade) Total Gross SF (Approx.) 17,640 (With Cellar) ZONING: C6-1G ASSESSMENT (14/15): $2,262,620 TAXES (14/15): $233,570

PROPERTY DESCRIPTION: The subject property is a 7-story vacant office building with an elevator located on the south side of East Broadway, between Catherine and Market Streets. The building was formerly occupied by East West Bank and would be ideal for another bank tenant in the market or company looking to enhance their footprint in the neighborhood. The building has a vault in the cellar and the ground floor services as the main banking area. Floors 2 through 6 consist of office space and the 7th floor consists of office space with accessory living for employees. Furthermore, in addition to the elevator there is an internal staircase servicing the ground and 2nd floors. Each floor has their own HVAC units and are separately metered for gas and electricity. The current build out is less than 10 years old and in very good condition. The annual asking rent is $49/SF NNN, which equates to $64/SF including Real Estate Taxes. East Broadway serves as a major retail and destination corridor in Chinatown. 27 East Broadway shares this prestigious block with nearby neighbors including HSBC, Cathay Bank, Citibank, Global Bank, First American International Bank, the New York Public Library, the United States Post Office and many more.

Asking Rent: $750,000/ year NNN Lease or $49 / SF NNN For more information or inspection, please contact Exclusive Agents:

Michael DeCheser

Darragh Clarke

Vice President of Sales 212-696-2500 x 7772 [email protected]

Associate Director of Sales 212-696-2500 x 7737 [email protected]

Mei Ling Wong

黃美伶

Senior Associate 212-696-2500 x 7716 [email protected]

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.

275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX

BROOKLYN

MANHATTAN

NASSAU

QUEENS

STATEN ISLAND

WESTCHESTER

For NNN Lease – Vacant Office Building

27 East Broadway Chinatown – New York, NY 10002

EAST BROADWAY MARKET ST

HENRY ST

Asking Rent: $750,000/ year NNN or $49 / SF NNN

For more information or inspection, please contact Exclusive Agents:

Michael DeCheser

Darragh Clarke

Vice President of Sales 212-696-2500 x 7772 [email protected]

Associate Director of Sales 212-696-2500 x 7737 [email protected]

Mei Ling Wong

黃美伶

Senior Associate 212-696-2500 x 7716 [email protected]

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.

275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX

BROOKLYN

MANHATTAN

NASSAU

QUEENS

STATEN ISLAND

WESTCHESTER