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dave, it was not a video conference call last night, unfortunately, but the eye candy would not have been to your liking since they aren’t your preferred gender.
Yes, I think it is. Further info on the leases, etc might make it an even better deal in a year or so. I wouldn’t raise the rent on that restaurant to make it harder for them though. If they have a 15 year old lease that’s about to expire (highly unlikely given the recent renovations) than maybe it could go somewhat higher but, worst thing for a building (and a neighborhood) is an overly greedy landlord.
Yes, go to the M-K listing and open the pdf file at the bottom. M-K usually does disclose all of the actual rents and costs…they are usually very thorough on that and they are with this listing.
DIBS, how are you able to calc the yield? they disclosed all the actual rents of all the tenants? 6.6% is pretty good for NYC but weak vs outside of NYC. I saw 2 commercial ppties in Richmond with cap rates of ~11%
yes, that’s why i dont want to! tho he resigns the lease like every year id imagine if he wasnt planning to he would definitely tell me, so i probably shouldnt worry too much about it. it WOULD be nice if the owner renovated the apartment tho it hasnt been renovated since 1986!!!
dave, it was not a video conference call last night, unfortunately, but the eye candy would not have been to your liking since they aren’t your preferred gender.
Yes, I think it is. Further info on the leases, etc might make it an even better deal in a year or so. I wouldn’t raise the rent on that restaurant to make it harder for them though. If they have a 15 year old lease that’s about to expire (highly unlikely given the recent renovations) than maybe it could go somewhat higher but, worst thing for a building (and a neighborhood) is an overly greedy landlord.
DIBS, just saw the pdf. this is a good deal for NYC.
Yes, go to the M-K listing and open the pdf file at the bottom. M-K usually does disclose all of the actual rents and costs…they are usually very thorough on that and they are with this listing.
DIBS, how are you able to calc the yield? they disclosed all the actual rents of all the tenants? 6.6% is pretty good for NYC but weak vs outside of NYC. I saw 2 commercial ppties in Richmond with cap rates of ~11%
“Cafe Chili on Court Street”
Right, used to be called Siam Garden. My bad.
“They gave you bowls of (duck . . . )”
Surely, I’m not the only one who read this a bowl of dicks???
yes, that’s why i dont want to! tho he resigns the lease like every year id imagine if he wasnt planning to he would definitely tell me, so i probably shouldnt worry too much about it. it WOULD be nice if the owner renovated the apartment tho it hasnt been renovated since 1986!!!
*rob*
dave, are you thinking of Cafe Chili on Court Street? It’s a block or so south of Lemongrass Grill.
I was supposed to chaperone Goat Boy on a date to Joya, but (a) he got stuck on some drawbridge and (2) Joya closes at 11pm on Fridays (wtf?!).