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LongIslandCityBarbershopForSale
ExclusiveOfferingMemorandum
____________________________________
10-31JacksonAve|LongIslandCity,Queens
Christopher Cavorti Licensed Associate Real Estate Broker
914.804.7091 [email protected]
Evan F. Church Licensed Associate Real Estate Broker
917.684.0663 [email protected]
Marvin Chu Licensed Associate Real Estate Broker
718.685.9430 [email protected]
Donald Lai Licensed
Real Estate Salesperson 917.947.9917
10-31 Jackson Ave | Long Island City, NY 11101 Lease Assignment & Key Money Sale: $200,000
EXECUTIVE SUMMARY: Prime Retail Space in the one of the most sought-after location in Long Island City on Jackson Ave. With the Flexibility to open up your business immediately or assume a Barbershop staple in the neighborhood. The area is surrounded by National tenants including local retail, restaurants, cafés, shopping and more. With asking rents over $100/SF the ability to assume the existing lease at $65/SF creates an unmatched opportunity. The offering is for a ~1150SF Turn-Key Barbershop including a lease assignment of a ~8 years remaining. The space is newly renovated, boasting 25’ of commercial frontage, high ceilings, recessed lighting, two (2) additional rooms which can be used as an office or hair washing stations, abundant window & wall space for products, and dedicated storage area in the basement. Location, Location, Location right off the Vernon Blvd -Jackson Ave (7) Subway Stop. Some of your neighbors include: Chase, MT&T, State Farm, T-Mobile, Subway, ProHealth Dental, Jackson’s Eatery & Bar, Corazon De Mexico, Casa Enrique, Café Henri, Hupo, Bareburger and more. All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice.
10-31 Jackson Ave | Long Island City, NY 11101 Current Information:
General:
Current Monthly Rent $6,180
Approximate Lease Term Remaining ~8 Years Remaining
Increases: 3%
RE Taxes: 33% of the building (currently $266 monthly)
Insurance: Variable
Electric: Direct to Tenant
Gas: Covered by Lease
Water/Sewer: Covered by Lease
Garbage: ~$46 monthly
Internet: ~$100-125 monthly
All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice
Real estate agents affi liated with The Corcoran Group are independent contractors and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All information furnished regarding property for sale or rent or regarding fi nancing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
Workout Factory
Beyond Movement Fitness
Hinds Combat Sports
Westside Pilates
Chase Bank
MT&T Bank
Urgent Care
State Farm
Allstate
Subway
Western Union
T-Mobile
ProHealth Dental – Mount Sinai
LIC Dog Park
LIC Community Garden
Andrews Grove
Old Hickory Playground
Hunters Point Community Park
Bierocracy*
Jackson’s Eatery & Bar
Gantry Bar & Kitchen
Domaine Wine Bar
Alewife NYC
Dominie’s Hoek
Woodbines
Bellwether
nuLook
Café Henri
Tournesol
Tuk Tuk
Hibino LIC
Casa Enrique*
Bareburger*
Jora*
Mu Ramen
Health & Wellness
Chains
Parks
Bars & Nightlife Restaurants & Cafés
11223344
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Get to Know the Neighborhood
sLICe*
Spice
Bella Via
Tamashi
Takumen
Corazon De Mexico
Manetta
Vernon Blvd – Jackson Ave (7)Subway
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56
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10-31 Jackson Ave.
Donald Lai917.947.9 917d la i@corcor an.com
Chris Cavorti914.8 0 4.70 91cc avor t i@corcor an.com
The Forray Team
200 Bedford Avenue | Brooklyn, NY 11249 More Pictures:
Exclusively Marketing Through
The Forray Team @ The Corcoran Group
Christopher Cavorti Licensed Associate Real Estate Broker
914.804.7091 [email protected]
Evan F. Church Licensed Associate Real Estate Broker
917.684.0663 [email protected]
Marvin Chu Licensed Associate Real Estate Broker
718.685.9430 [email protected]
Donald Lai Licensed
Real Estate Salesperson 917.947.9917