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485 3rd Avenue
New York, New York 10016 United States

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Details for 485 3rd Avenue

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Price:
$549,000 
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Property Type:
Commercial
Web Id:
1113955
MLS ID:
1113955
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School District:
New York City Department Of Education
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About 485 3rd Avenue

Turn-key profitable True Value HardwareStore business for sale, over 24 years in business. Gross Annual Sales of $700,000., average 60% margin, expenses include rent, taxes, utilities, insurance, stock etc. Conveniently located in prime busy NYC area. The store is 2,500 SF of space and has storage. Benjamin Moore authorized dealer, True Value Member. All inventory is included (Approx. $100,000. of stock). The Rent is $15,000 per month and has 8 years left on Lease Term. Current market rate for this area is $125-130. per SF. The new buyer can further boost sales by expanding product lines and offer various in-home services, etc. (plumbing supplier recently closed around corner). Owners retiring - Tremendous growth potential, take this business to the next level! Asking $549,000

Listing Courtesy of Martinelli Realty, Inc.

Amenities

  • Central Air Conditioning
  • City Strip Views

features

cooling: 
Central Heat, Gas, Central Air
lot description: 
City Lights View, City / Strip Views, City / Town Street

Unit Information

Total Units: 
1

Additional Information

Price Per Sq. ft: 
$219.60
Taxes: 
$3,000
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347-560-4536
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