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Retail Investment Property 305-307 Halstead Ave 5,184 SF 100% Leased Retail Building Harrison, NY 10528 $3,885,000 ($749.36/SF) 5.11% Cap Rate




INVESTMENT HIGHLIGHTS
- (14) on-site parking spots
- Cafe Deux - 3% annual escalations
- All expenses are paid by tenants except building insurance
- Solid, stable retail investment
- Pureganic Cafe - 2.5% annual escalations
- NN Retail Investment
EXECUTIVE SUMMARY
Prime investment opportunity at 305-307 Halstead Ave, Harrison, NY. This meticulously renovated 5,000 SF building offers two thriving retail tenants, Cafe Deux & Pureganic Cafe. Both tenants are starting year three of their 10-year leases , providing a solid income stream for retail investors. With a complete renovation in 2021, this
investment defines convenience and potential for long-term success.
investment defines convenience and potential for long-term success.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
5,184 SF
Building Class
B
Year Built
1965
Price
$3,885,000
Price Per SF
$749.36
Cap Rate
5.11%
NOI
$198,692
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.26 AC
Parking
16 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
50’ on Halstead Avenue
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cafe Deux
- -
- -
- -
- Double Net
- Jun 2032
- Pureganics Cafe
- -
- -
- -
- Double Net
- Sep 2032
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Cafe Deux | - | - | - | Double Net | Jun 2032 | |
Pureganics Cafe | - | - | - | Double Net | Sep 2032 |
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS




PROPERTY TAXES
Parcel Number | 2801-000-171-00000-000-0046 | Improvements Assessment | $12,510 |
Land Assessment | $12,990 | Total Assessment | $25,500 |
PROPERTY TAXES
Parcel Number
2801-000-171-00000-000-0046
Land Assessment
$12,990
Improvements Assessment
$12,510
Total Assessment
$25,500
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Retail Investment Property | 305-307 Halstead Ave
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