209 East 31ST Street, New York City, NY 10016

<p>An incredible opportunity!</p> <p>This large Kip's Bay townhouse features a two-unit mixed-use layout, with commercial offices occupying the lower two floors and a residential duplex above.</p> <p>The property generates a gross rent of 450,000, secured by a corporate guarantee for the office lease. It is turnkey and fully leased.</p> <p>Unit #1 spans two levels plus a basement and is occupied by a financial services company. The annual rent is 300,000, backed by a corporate guarantee from a publicly traded NYSE company. The lease is for 5 years, with a 5-year option to renew at 330,000 per year.</p> <p>Layout:</p> <ul> <li>The basement is utilized for storage and building mechanicals.</li> <li>The Garden Level features an entrance lobby, office, kitchen, conference room, two half bathrooms, and a backyard.</li> <li>The Parlor Level includes the "Havana Room" with coffered ceilings, an onyx bar, a drop-down theater screen, and a projection system, along with an office, bullpen, and half bath.</li> </ul> <p>The top two floors comprise a duplex where the seller paying 150,000 annually plus real estate taxes for 5 years. This level includes a spacious living room, dining room, kitchen, office, bathroom, and terrace on the third floor, with three bedrooms and two bathrooms on the upper level.</p> <p>The seller is open to vacating the premises if the purchaser prefers.</p> <p>&nbsp;</p>