East Village: St. Marks Place - Smoke & Tattoo Business For Sale Off 2nd Ave Corner - Key Money Deal

Harry Zikos
Licensed Associate Real Estate Broker
Phone: 212.252.8772X4255
Mobile: 347.901.3129
Lisa Levitt
Licensed Real Estate Salesperson
Mobile: 917.444.0668
587 Fifth Avenue New York, NY 10017
Phone: 212-252-8772
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EXCLUSIVE

Location

128 2nd Ave Apt: Retail1
New York NY 10003
Cross street:St. Marks Place & East 7th Street
Floor:Ground

Property

Ownership: Commercial
Type: Retail
Rooms: 2
Bathrooms: 1
Area: 650 sq ft

Financials

Price: $150,000

Description

Harry Zikos & Lisa Levitt of Nest Seekers International have been retained on an exclusive basis to represent a key money business sale located at 128 Second Ave NY, NY 10003. The subject property, now under Icon Realty Management's ownership, is the 2nd retail space south of the corner of the old Chase Bank location on the southeast corner of Second Ave & St. Marks Place. Now said corner is under construction to welcome the Swiss Institute, a non-profit cultural center. Village Dream Inc., the current operating business is a smoke shop & tattoo/piercing establishment with a very below market lease, compared to other available retail lease opportunities in the neighboring corridors.

The underlying lease has and expiration date of August 1st, 2027 (no options at all). The current rent is $9,125 per month for approximately 650 square feet on the ground level. This is a lease assignment through a key money sale. Current inventory of the business can be negotiated as part of the sale. The terms of the lease are very simple which allow for heavy flexibility on usage. To obtain more details on the lease terms please contact Lisa Levitt or Harry Zikos.

The retail space features approximately 10 feet of frontage, high ceilings, western exposure, a sidewalk delivery hatch, very clean basement with private storage. Most importantly the location is AAA in regards to foot and vehicle traffic, fueled by tourist destinations and local landmark establishments. You are near the epicenter of the Downtown ecosystem where the East Village, Greenwich Village, NYU, NoHo, & Union Square coalesce. Multiple public transit stations such as the 4, 5, 6, L, N, Q, R, & W lines are in walking distance.

Please do not bother the employees of the business about this deal. Contact Harry Zikos or Lisa Levitt today for more information. Showings must be done by appointment so we can show the basement as well. Broker co-operation is encouraged.

Amenities

  • A/C units
  • Ground Floor
  • High Ceiling
  • Sublet

Neighborhood

More listings: East Village

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.