Have For Sale

Property Description

Constructed in 1930 and completely renovated in 2000, 701 Broadway maintains a consistent 100% occupancy. 701 Broadway is a class A, 5 story office building with 80 parking spaces, approximately 10,000 SF floor plates and instant I-235 access.

Investment Summary:
Rental Income: $879,858
Additional Income: $9,875
Total Income: $889,733
Total Expenses: $244,524
Net Operating Income: $645,171
Capitalization Rate: 7%
Capitalized Value : $9,216,722