209 E 31st St, New York, NY 10016

<p><strong>An incredible opportunity!</strong></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>