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48 W 39th Street

New York, NY 10018
  • $999,999
  • STATUS: Active
  • ON SITE: 279 Days
  • MLS #: 478948
Price Reduced
UPDATED: 32 min ago
$999,999
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $333
    $/SQFT
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

For Sale: American Barber Institute " Established Barbering School in Manhattan** Own a thriving, highly respected barbering school located 48 West 39th Street between 5th & 6th avenue, in the heart of Manhattan. The school spans 3,000 sq. ft. across three levels with 42 barber chairs and has 30 years of stable business with an annual gross income of $1.2 million. Modern facilities with a lease of $17,000 per month and 7 years remaining. NYS Certified and licensed by the Department of Education, the institute offers a comprehensive Master Barber Program combining theory and practical training over 4 months, preparing students for the NYS Board Exam. Financial assistance options include Veterans GI BILL and Access VR, with convenient payment plans available. The business includes a team of 5 experienced teachers and 5 administrators, offering significant growth potential in a booming industry. The current owner is willing to stay on board for a few months, work for a salary, and assist in training the new owner for a smooth transition. Dont miss this rare opportunity to own an established, profitable barbering school in one of the worlds busiest cities. Contact us today for more information!

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© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2024-10-07T07:00:19.78.
www.theteampagano.com/homes/146309281
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48 W 39th Street New York, NY 10018

  • Price: $999,999
  • Status: Active
  • On Site: 279 Days
  • Updated: 32 min ago
  • MLS #: 478948
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,000
SQFT
$333
$/SQFT
Neighborhood:
Manhattan
County:
New York (Manhattan)
Area:
Midtown
Property Description
For Sale: American Barber Institute " Established Barbering School in Manhattan** Own a thriving, highly respected barbering school located 48 West 39th Street between 5th & 6th avenue, in the heart of Manhattan. The school spans 3,000 sq. ft. across three levels with 42 barber chairs and has 30 years of stable business with an annual gross income of $1.2 million. Modern facilities with a lease of $17,000 per month and 7 years remaining. NYS Certified and licensed by the Department of Education, the institute offers a comprehensive Master Barber Program combining theory and practical training over 4 months, preparing students for the NYS Board Exam. Financial assistance options include Veterans GI BILL and Access VR, with convenient payment plans available. The business includes a team of 5 experienced teachers and 5 administrators, offering significant growth potential in a booming industry. The current owner is willing to stay on board for a few months, work for a salary, and assist in training the new owner for a smooth transition. Dont miss this rare opportunity to own an established, profitable barbering school in one of the worlds busiest cities. Contact us today for more information!
Exterior Features

Commercial Features Exterior Doors - 10 ft and under Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 100 Lot Size Width 30 Parking Attributes Attached GarageNone Parking Feature None Roof Flat Water Front Present No

Interior Features

Basement Amenities FinishedFull Ceiling Height 16-20 Foot Commercial Features Interior Elevator – FreightSecurity AlarmWindow DisplayOther Equipment Included Barber chairsmarrowsetc. Flooring Concrete Foundation Details Poured Concrete Lavatories 2 Walls Poured Concrete

Property Features

ACUnits 0 Certificate Of Occupancy YN 1 Commercial Condo 0 Construction Type Detached Cross Street Name 5th Ave Cross Street Name2 6th Ave Current Use Other Electric 110 V220 V Financing Bank MortgageCash Gross Income 1200000 Gross Lease 204000 Handicap Access Yes Insurance Expense 3500.00 Lot Size Irregular YN 0 Number Of Stores 1 Payroll Annual Expenses 500000 Potential Use Other Property Sub Type Business Only Property Type Commercial Rent Income 0 Sale Type Arm's Length Transaction Type Sale Utility Expense 300.00 Years Remaing On Lease 7 Zoning C-1

Listing information © 2024 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Superior Realty Service: (347) 554-8282.


© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2024-10-07T07:00:19.78.
 
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