All Forum Posts by: Ben Toth

 Mexican.

This is for an owner/user, so of course someone very experienced in the restaurant world.

Purchaser would be getting 3 locations in NYC (Greenwich Village, Upper East Side, and Williamsburg, Brooklyn).

NOI is $1,223,000.

Inventory value is $150,000.

Asking price for is $4.8MM. This would get you all 3 locations.

All 3 locations are currently leased at $43,330 per month. Extensions available until 2023.

6 Full-time Employees 66 Part-time Employees.

Rated 4.5 out of 5 stars on Google, Trip Advisor, and Yelp.

NYC Health Rating - "A" for all locations.

Alas, my buyer is not looking in the St. Louis area. Thanks all the same!

Here's the link for the overview: https://www.dropbox.com/s/7ukqi4cdjbpm67p/Union%20...

Here's the link for the P & L:  https://www.dropbox.com/s/toh34cnkybmkkt6/Union%20... 

If one rented BOTH floors via Airbnb, as per the owner's calculations, the cap could likely go as high as 10%. 

Hi @Hilel Kagan, sorry to say, that building is no longer available. However, I just this moment posted a new off-market townhouse in Bed-Stuy. Perhaps that might work for you. Here's a link:

https://www.biggerpockets.com/forums/517/topics/56...

Pictures here - https://bit.ly/2rpiQ88

3 family, 4 story brownstone

20x45

Will be delivered fully renovated and vacant.

Loaded with original details.

Off market

Buyer pays 2% commission.

Location: Bed Stuyvesant, Brooklyn

Hi all,

Next week I'm joining MILLION DOLLAR LISTING Ryan Serhant's real estate team. If anyone has a property or building they are looking to sell, I would be happy to put you in touch with Ryan and you could determine if he was a fit. Ryan can do deals in:

1) NYC

2) The Hamptons

3) Los Angeles

4) New Jersey

5) London

6) Long Island

7) Florida

Thanks!

I so appreciate these thorough (and not at all boring!) answers. Thanks all!

Good to know, thanks Ethan! I would love to read/learn more about your business in Atlanta. Perhaps you could email me? [email protected]. Thanks again.