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Home ยป Lease or Buy – $245,000 Rent Credit! Purchase For $2.4 Million – New Sugar Hill Commercial Condo!

Lease or Buy – $245,000 Rent Credit! Purchase For $2.4 Million – New Sugar Hill Commercial Condo!

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415 West 150th Street, New York, NY 10031
$2,400,000

Property Details

Property Description

1. Option 1 Purchase Commercial Condominium $ 2.4 Million (Bank Financing) or $2,2 Million (Cash)

The common charges are $948.52 per month and the real estate taxes are: $120.77 per month. There is a 25 year tax abatement.

2. Option 2 Lease (10 years with 5 year Option) Longer terms are also available

Monthly Rent $14,254 ($30/SQFT upper level X 3495 SQFT plus 2648 SQFT Basement @ $25/SQFT) Security deposit (6 months (3 months rent, 3 months security) negotiable)).

The owner is offering a generous rent concession of $245,000 spread out over 8 years.

year 1 $55,000

year 2 $55,000

year 3 $55,000

year 4 $18,000

year 5 $18,000

year 6 $18,000

year 7 $18.000

year 8 $8,000

New Mixed Use commercial space with elevator. This community facility consist of 3495 SQFT of ground floor Commercial Space and 2648 of basement space.

9 Foot ceiling heights on each floor.

Suited for professional offices, medical and health care institutions, universities, non -profit organizations, senior citizen centers, schools and day care facilities.

Other possibilites include: health club, yoga center, martial arts, or outpatient medical center.

Schedule an appointment today with Elaine Perry at 917 841-3230

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