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24 W 45th St
New York, NY 10036 Midtown Center

$2,395,000 USD

Apartments Condo For Sale  •  1,635 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,200 SF
  • Lot Size 0.05 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 9.02 %
  • Zoning C6-4.5
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit 1 Retail 1,635 SF $2,395,000 USD
  • Unit Size: 1,635 SF
  • Condo Use: Retail
  • Price: $2,395,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $1,464.83 USD
Description
Restaurant Ready and Fully Vented with exhaust and cooking equipment Retail Commercial Condo Unit. Strategically Located In Midtown Manhattan Between 5th and 6th Avenue on one of the most busiest through blocks in the city. Close To Major Landmarks. Neighbors include Starbucks, Safra Bank, UGG, Wendy's, Chipotle, Pret A Manger

Sale Notes
Operating Restaurant Currently on Month to Month occupancy at below market rents. Strategically Located In Midtown Manhattan Between 5th and 6th Avenue on one of the most busiest blocks in the city. Close To Major Landmarks. Neighbors include Starbucks, Safra Bank, UGG, Wendy's, Chipotle, Pret A Manger

Description 

Operating Restaurant FULLY VENTED Currently on Month to Month occupancy at below market rents. Strategically Located In Midtown Manhattan Between 5th and 6th Avenue on one of the most busiest blocks in the city. Close To Major Landmarks. Neighbors include Starbucks, Safra Bank, UGG, Wendy's, Chipotle, Pret A Manger

Highlights

Heavy foot traffic. Most desired QSR through block in Midtown

Financial Summary

Cap Rate: 9.02 %
Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • High Speed Internet Access
  • Oven
  • Sprinkler System
  • Grill
  • Basement
  • Freezer

Public Transportation

Commuter RailDriveWalkDistance
2 min 7 min 0.3 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 7 min 0.4 mi
Transit/SubwayDriveWalkDistance
5 Avenue-Bryant Park (7 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
42 Street-Bryant Park (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 3 min 5 min 0.3 mi
47-50 Streets-Rockefeller Center (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Times Square-42 Street (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 8 min 0.4 mi
Grand Central-42 Street (4 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway)) 2 min 9 min 0.4 mi
AirportDriveWalkDistance
LaGuardia 18 min - 7.6 mi
Newark Liberty International 21 min - 14.5 mi
John F Kennedy International 29 min - 17.5 mi
Eric Jacobov 917-566-8422 Concord Capital NY LLC
Eric Jacobov 917-566-8422 Concord Capital NY LLC