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315 W 46th St

4,400 SF 100% Leased Retail Building New York, NY 10036 $9,500,000 ($2,159/SF) 4% Cap Rate

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Investment Highlights

Heavy foot traffic

next to 6 star International Hotel

Executive Summary

Fully rented with stable tenants ,1 commercial and 4 residential units . located on restaurant row in Time square area .

Property Facts

Sale Type

Investment

Sale Condition

Ground Lease (Leasehold)

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

4,400 SF

Building Class

Year Built

1910

Price

$9,500,000

Price Per SF

$2,159

Cap Rate

NOI

$380,000

Percent Leased

100%

Tenancy

Multiple

Building Height

4 Stories

Building FAR

2.02

Lot Size

0.05 AC

Zoning

R8 (K4)

Frontage

20 FT on W 46th St

Accommodation and Food Services
99,999 SF
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All of their ramen are carefully developed by their ramen masters. The founder of KYURAMEN studied and absorbed the essence of the Japanese ramen, to create the most unique and rich Ramen dish. The carefully crafted "white", "thick", “fresh” and “fragrant” soup bases are served with a fresh Japanese-style pork roast, a 7 minute boiled egg, and a pair of chopped green onions.