This is the breakdown of the current rental income with the added potential rents from vacant spaces. Best for new buyer to rent out those spaces. Total annual income with potential rented spaces is $276,180 with a 7% cap rate its worth $3,859,714. Included is the ability of further development due to air rights change to all three building but specifically 73 Thompson, also the area is already gentrifying to a cap of 6% or better as well as not to be forgotten the tax abatement of both 69 an 71 Thompson.
Fire - Smoke Alarm, Fire Sprinkler
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