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A blog for breaking sales and neighborhood real estate news.

A rare in-place 8.0%+ cap rate Manhattan investment opportunity.

It is a ground floor and lower level retail space comprised of three units totaling approximately 4,622 SF. It is located within the landmark Bouwerie Lane Theater building on the northwest corner of Bond Street and Bowery.

The retail is fully leased and features high end fashion designers Rogan and Billy Reid, along with Adam Gordon Holdings, a developer of high end residential properties in NYC. This is a tremendous opportunity for an investor to purchase a prime corner location, with in-place cash flow and leases extending out until 2014 and 2017.

Click here for listing details.

Neighborhoods: NoHo