Japan Town Bldg for Sale
Property Description
Mixed-Use Building for Sale in Japan Town, Manhattan
Prime mixed-use investment property located in the heart of Japan Town's bustling restaurant corridor. This established multi-family building presents an exceptional opportunity for investors seeking stable income in one of Manhattan's premier ethnic dining districts.
Financial Performance:
- Asking Price: $5,600,000
- Annual Revenue: $533,741,690
- Net Operating Income: $385,294,690
- Strong investment fundamentals with anchor credit tenant
Property Features:
- Mixed-use multi-family building
- Established property in prime location
- Restaurant space with outdoor seating area
- Anchor credit tenant providing stable cash flow
- Strategic position in high-traffic restaurant block
Location Benefits:
Situated in the heart of Japan Town, this property benefits from the area's reputation as a culinary destination. The busy restaurant block generates consistent foot traffic and attracts both local residents and tourists seeking authentic dining experiences. The neighborhood's established commercial activity provides a stable foundation for long-term investment returns.
Investment Highlights:
- Exceptional net operating income demonstrates strong property performance
- Anchor credit tenant reduces vacancy risk
- Prime Manhattan location with consistent demand
- Mixed-use structure provides diversified income streams
- Owner selling for 1031 exchange purposes
This property represents a rare opportunity to acquire a high-performing mixed-use building in one of Manhattan's most vibrant ethnic neighborhoods. The combination of residential and commercial components, anchored by a credit tenant, provides both stability and growth potential for sophisticated real estate investors.
Prime mixed-use investment property located in the heart of Japan Town's bustling restaurant corridor. This established multi-family building presents an exceptional opportunity for investors seeking stable income in one of Manhattan's premier ethnic dining districts.
Financial Performance:
- Asking Price: $5,600,000
- Annual Revenue: $533,741,690
- Net Operating Income: $385,294,690
- Strong investment fundamentals with anchor credit tenant
Property Features:
- Mixed-use multi-family building
- Established property in prime location
- Restaurant space with outdoor seating area
- Anchor credit tenant providing stable cash flow
- Strategic position in high-traffic restaurant block
Location Benefits:
Situated in the heart of Japan Town, this property benefits from the area's reputation as a culinary destination. The busy restaurant block generates consistent foot traffic and attracts both local residents and tourists seeking authentic dining experiences. The neighborhood's established commercial activity provides a stable foundation for long-term investment returns.
Investment Highlights:
- Exceptional net operating income demonstrates strong property performance
- Anchor credit tenant reduces vacancy risk
- Prime Manhattan location with consistent demand
- Mixed-use structure provides diversified income streams
- Owner selling for 1031 exchange purposes
This property represents a rare opportunity to acquire a high-performing mixed-use building in one of Manhattan's most vibrant ethnic neighborhoods. The combination of residential and commercial components, anchored by a credit tenant, provides both stability and growth potential for sophisticated real estate investors.
Listing Info
- ID:
- 2557431
- Listing Views:
- 3
Attached DocumentsAttachment Disclaimer
954 Second Ave Building for Sale $5,600,000.pdf
Business Location
Listing ID: 2557431 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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