![[Bath Beach Real Estate, listing number 3352263]](https://www.vlshomes.com/images/full/3352263a.jpg)
| Description: 3352263 | |
| GREAT INVESTMENT OPPORTUNITY... Single-tenant, net-leased retail investment on the 86th Street corridor in Bath Beach. This 2,090 SF, two-story mixed-use building is 100% occupied by an established grocery/deli operator, who uses both floors. Long-term lease runs through December 31, 2034, with contractual annual rent increases built in. The tenant pays 100% of real estate taxes, plus all utilities, HVAC, and interior maintenance, and the lease carries a personal guaranty. There is no residential management and no vacancy risk, just one tenant and one lease. The building is in a dense, transit-served neighborhood with steady foot traffic and little comparable inventory. Itâ??s a clean, hands-off hold for 1031 buyers and passive investors. Showings by appointment only, and please do not disturb the tenant. | |
Details: |
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| Property Type: | Commercial | |
| Built: | 1931 | |
Financials: |
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| Price: | $2,200,000 | |
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