TriBeCa: Key Money - Restaurant Business For Sale on Heavy Foot + Vehicle Traffic Corridor

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

165 Church St Apt: Retail5
New York NY 10007
Cross street:Chambers Street & Reade Street

Property

Ownership: For Sale
Type: Retail
Area: 800 sq ft

Financials

Price: $250,000

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Description

Harry Zikos & Lisa Levitt of Nest Seekers International have been retained on an exclusive basis to represent a lease assignment & key money business sale of Babaghanoush, Inc. located at 165 Church Street NY, NY 10007. This sale offering includes all of the existing equipment, installations and tenant improvements to the space, etc.

The underlying lease has and expiration date of April 30th, 2019. The current rent is $7,956.75 per month for approximately 800 total SQ FT. The Ground Floor space is approximately 400 square feet while the food prep station, walk-in freezer & storage room in the basement accumulate to an approximate 400 SQ FT. This is a lease assignment through a key money business sale. Licensing the existing brand & business name can be negotiated as part of the sale. To obtain more details on the lease terms please contact Lisa Levitt or Harry Zikos.

The retail space features approximately 15.5 feet of frontage, high ceilings, western exposure, very clean basement with private storage, walk-in freezer and a built out food prep station. Most importantly the location is AAA in regards to foot and vehicle traffic, fueled by tourist destinations, neighboring residences, global financial institutions, transit hubs and local landmark establishments. You are near the epicenter of the Downtown ecosystem in TriBeCa while still neighboring Financial District & City Hall. Multiple public transit stations such as the 1, 2, 3, 4, 5, 6, J, Z, N, R, & W lines are nearby.

Please do not bother the employees of the business about this deal. Showings must be done by appointment so we can show the basement as well. Broker co-operation is encouraged. Commission to buyer's broker is 5% of the key money purchase price. Contact Harry Zikos or Lisa Levitt today for more information!!

Amenities

  • Floor To Ceiling Windows
  • Ground Floor
  • High Ceiling

Neighborhood

More listings: Tribeca

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.