555 W 43rd St
New York, NY 10036
Riverbank · Multifamily Property For Sale · 418 Units

BANKRUPTCY AUCTION: Theatre. 15 Yr Under-Mkt Lease Bankruptcy Auction. United States Bankruptcy Court Southern District of New York. In Re: THE PEARL THEATRE COMPANY, INC. Case # 17-11572 (SHL). Turn-Key 160 Seat Off-Broadway Theatre Long-Term & Under-Market Leasehold Interest Details: -553-555 West 42nd Street, Manhattan, NY 10036 -Formerly Doing Business as The Pearl Theatre Company -160 Seat Off-Broadway Theater Operation Within Extensive 6,932 Sq Ft Theatre Buildout -14+ Years Remaining on Lease (Expires 10/31/2032) -Current Annual Base Rent: $315,000 ($26,250/Month) -Current Annual Additional Rent (R/E Tax Over Base Year): $9,834.02 ($819.50/Month) -Sold Fully Equipped with All Fixtures, Furniture & Equipment -Lease Available Upon Request ----- Partial List of Upcoming Auctions (See Web for Current/Complete List) 8/10: -Suffolk: 8 Vacant Lots throughout the County 8/16: -Brooklyn: 2.5 Acre Industrial Assemblage, Available in Offerings from 30,000 80,000 Sq Ft 9/11: -Manhattan: up to 46 NYC TAXI MEDALLIONS 9/20: -Brooklyn: 2,500+ Sq Ft Brick SRO -Brooklyn: 2 BR Apt -Lynbrook: (3) Co-Op Apartments (Rent Regulated) -Pennsylvania (Damascus): 157 Acres Surrounding Private Lake w/ 3 BR Home 9/26: -Manhattan: Long-Term & Under-Market Lease, (160 Seat Turn-Key Theatre) 9/28: -Rockville Centre: Comm' l Co-op -Seaford: Handyman Special TBA: -Manhattan: Corner Mixed-Use Building Tremendous Retail Exposure *100+ Bank Repo/Consignment Autos & Boats Sell Tri-Weekly on Long Island