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- LoopNet Team
289 10th Ave
New York, NY 10001
Land For Sale
·
0.90 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.90 AC |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.90 AC |
Description
Long-Term/Under-Market Leasehold Interest Occupied by Marquee Nightclub (Sub-Tenant) 289 10th Avenue, Chelsea, Manhattan, New York 10001 Selling the Long-Term/Under-Market Leasehold Interest in and to 289 10th Avenue, New York, NY 10001 Subtenant is Tao Hospitality Group – Operating World Famous Marquee Night Club Currently Undergoing $2+ Million Renovation Current Contemplated Annual Ground Lease Profit is $700,000/Year and Escalates to $1,090,000+ in 2034 **Accepting Offers October 13th-15th**
