Description
Two commercial spaces; restaurant and retail sales on first floor. Two 4 bedroom apartments on second floor. Restaurant (Zaytune Cafe) has very good reviews for Mediterranean food, and Heddy Teddy is a successful gift shop. Zaytune has 5 year lease (6/21 to 5/26) w/ renewal option for additional 5 years. Zaytune pays $3,675 as of June 2022). Heady Teddy pays $3,150 per month. Tenants on second floor pay $2,980 x 2 apartments for $5,960 per month. Building total rent is $12.785 per month or $153,420 per year. On numbers presented herein, would yield $2.156M at 7 cap rate.
-
0BEDS
-
0.11ACRES
-
0BATHS
-
01/2 BATHS
-
4,560SQFT
-
$370$/SQFT
Description
Two commercial spaces; restaurant and retail sales on first floor. Two 4 bedroom apartments on second floor. Restaurant (Zaytune Cafe) has very good reviews for Mediterranean food, and Heddy Teddy is a successful gift shop. Zaytune has 5 year lease (6/21 to 5/26) w/ renewal option for additional 5 years. Zaytune pays $3,675 as of June 2022). Heady Teddy pays $3,150 per month. Tenants on second floor pay $2,980 x 2 apartments for $5,960 per month. Building total rent is $12.785 per month or $153,420 per year. On numbers presented herein, would yield $2.156M at 7 cap rate.
![[Hudson Valley Catskill Region MLS] logo](https://static.boomtownroi.com/content/photos/ulster/idx/idx-large.gif)
© 2023 by Hudson Valley Catskill Region MLS.