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AMAZING NEW DEVELOPMENT IN ELMONT
? Prime Investment Opportunity – 1824 Park Ave, NYC! ?
? Key Highlights:
? Total ZFA: 181,913 SF (including a 20,000 SF fresh bonus)
? AAA Credit Tenant: Lease in place paying $452,000 per year (+3% annual escalations)
? Lease Terms: LXD 1/31/27 with two 6-month tenant options
? Landlord Flexibility: Right to terminate starting April 30, 2026, with 4 months' notice
? Assumable Debt: $3.4M loan through Connect One Bank at 6.5% interest ($22,500/month)
An exceptional opportunity to acquire a high-value asset with stable cash flow and financing options in place!
? DM for more details or contact us today!
5 Year
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