2230 Victory BlvdStaten Island, NY 10314

For Sale
$2,600,000

Staten Island Mixed-Use Property: 100% Occupancy, High Returns

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use investment opportunity, located at 2230-2236 Victory Boulevard in Staten Island, Richmond County, New York (zip code 10314), presents a compelling case for immediate acquisition. The property, encompassing 4,809 square feet, is currently operating at 100% occupancy, generating a strong 5.00% cap rate. The asking price is $2,600,000. The building features a blend of retail and office space, with four retail stores on the ground level and four offices on the second level. This "turn-key" property benefits from ample parking for customers and convenient access to major highways connecting New York and New Jersey. The lease structure is a Net-Net-Net (NN+) agreement, with tenants responsible for all utilities (electric, gas, water) and maintenance expenses. The property is zoned R3-2 with a C1-1 overlay, offering potential for future expansion, subject to architectural review and approvals. This well-established strip mall presents a stable and lucrative investment opportunity with significant upside potential. Please note that the current tenants should not be disturbed.

Highlights

  • Exceptional mixed-use investment opportunity in Staten Island, NY (10314), at 2230-2236 Victory Boulevard.
  • 4,809 square foot building with 100% occupancy and a 5.00% cap rate.
  • Asking price: $2,600,000.
  • Features four ground-floor retail units and four second-floor offices.
  • Ample parking and convenient highway access.
  • Net-Net-Net (NN+) leases; tenants responsible for all utilities and maintenance.

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6116744
Longitude
-74.1376482
2230 Victory Blvd, Staten Island, New York

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2230 Victory Blvd
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