Description
Steamy hot income generating business for Sale in one of the busiest historic districts in the Bronx, The Williamsbridge District! This thriving business consists of both Halal Meat and Fish Market on the Walk-in level, while Tailoring and cloth designing business thrives in the Basement level with very high ceiling. Both floors command a respectable 1600Square footage of business space! Average Monthly Income for the business is $25,000($300,000 Annually),Expenses: Electricity, heat and gas $1,200 (monthly), $14,400 Annually. Rental (First floor & Basement) $3,400 Monthly($40,800 Annually), With a whopping 7 YEARS PLUS REMAINING ON THE LEASE! TOTAL Expenses is $55,200(Annually).Total Income (Annually) is $300,000. Net Operating Income is $244,800(Annually). Cap Rate is 12.2%. Do not leave your money in the bank, put it to use today and watch it multiply! Call for a showing today.
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Description
Steamy hot income generating business for Sale in one of the busiest historic districts in the Bronx, The Williamsbridge District! This thriving business consists of both Halal Meat and Fish Market on the Walk-in level, while Tailoring and cloth designing business thrives in the Basement level with very high ceiling. Both floors command a respectable 1600Square footage of business space! Average Monthly Income for the business is $25,000($300,000 Annually),Expenses: Electricity, heat and gas $1,200 (monthly), $14,400 Annually. Rental (First floor & Basement) $3,400 Monthly($40,800 Annually), With a whopping 7 YEARS PLUS REMAINING ON THE LEASE! TOTAL Expenses is $55,200(Annually).Total Income (Annually) is $300,000. Net Operating Income is $244,800(Annually). Cap Rate is 12.2%. Do not leave your money in the bank, put it to use today and watch it multiply! Call for a showing today.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2023-12-05T00:17:54.833.