111 Murray St New York, NY 10007

This exceptional investment opportunity presents two retail condos totaling 2,700 square feet, situated in a brand-new luxury high-rise building at 111 Murray Street in New York City's coveted Tribeca neighborhood. Currently 100% occupied with two separate tenants under a gross lease, this property boasts a strong net operating income (NOI) of $188,567, yielding a 6.5% capitalization rate. The asking price is $2,900,000, translating to a price per square foot of $1,074.07. Each condo benefits from a 10-year lease term with 10 years remaining. The property's prime corner location provides excellent visibility and accessibility, further enhanced by a rare outdoor plaza ideal for tenant use. This is a unique opportunity to acquire a multi-tenant retail property in a highly desirable location with a proven track record of occupancy and strong financial performance. Annual lease increases are built into the existing agreements, ensuring consistent income growth. The property is classified as QSR/Fast Food, Restaurant, and Storefront. This offering presents a compelling investment opportunity for discerning buyers seeking a stable, high-performing asset in a prime New York City location.