MLS#1019017
STATUSActive
PROPERTY TYPECommercial -
Property Description
Calling All Investors, Developers & End-Users!!! 5,000+ Sqft. Retail Condo With NNN Long Term Restaurant Tenant In The Financial District For Sale!!! The Property Features Long Term Lease, C6-4 (R10 Equivalent) Zoning, Excellent Signage, Great Exposure, High 20' Ceilings, Sprinklers, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Manhattan Just Off The Brooklyn Bridge, Next To Pace University & New York Presbyterian Hospital!!! This Property Is Home To A Very Successful Restaurant Tenant With Multiple Locations That Has Been Rated Best Steakhouse In Manhattan!!! Neighbors Include New York Stock Exchange, Starbucks, Chase Bank, Citibank, Tiffany & Co., Marriott Hotels, PINK Victoria's Secret, USPS, WholeFoods, Target, T.J. Maxx, Marshalls, Popeye's Louisiana Kitchen, Five Guys, Auntie Anne's, CVS, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:Brooklyn Chop House: $338,550 NNN Ann.; 15% Increase Every 4 Years; Lease Exp.: 3/6/30; (3) 5 Year Options. Gross Income: $338,550 Ann. Expenses:Oil: $0 (NNN Lease)Electric: $0 (NNN Lease)Water: $0 (NNN Lease)Maintenance & Repairs: $0 (NNN Lease)Insurance: $0 (NNN Lease)Taxes: $0 (NNN Lease)Total Expenses: $0 (NNN Lease)Net Operating Income (NOI): $338,550 Ann. (5.14% Cap!!!)
Property Features
Property Type: Commercial -
Cooling: Central Air
Heating: Electric
Taxes: $80,830
Year Built: 1900
Feature Descriptions
Building Area Total: 5026
Business Type: Restaurant
Days on Site: 58
Exterior: Frame
On Market Date: 2026-06-26
Parcel Number: 0100-7501
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, See Remarks
Water: Public
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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150 Nassau Street | MLS# 1019017
This commercial property located at 150 Nassau Street, New York, NY 10038 is currently listed for sale with an asking price of $6,588,000. Search New York real estate on www.coldwellbankerchoice.com today.