817 Castleton AveStaten Island, NY 10310

For Sale
$699,000

Vacant Restaurant, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This vacant restaurant building at 817 Castleton Avenue, Staten Island, presents a compelling investment opportunity. The property, built in 1931, offers 2,500 square feet of space situated on a 3,375 square foot lot. The building is zoned C1-1 and features a newer kitchen and a full basement primarily used for storage. Currently, a vacant two-bedroom, one-bathroom apartment occupies the second level, adding potential rental income. The property is being sold vacant and is available for immediate possession. This is a single-building property with a 0% cap rate. The asking price is $699,000. Note that an adjacent property (MLS# 1159279, 815 Castleton Ave) is also available for sale. This presents a unique opportunity to acquire a larger contiguous property. The property is located in Richmond County, New York, with the zip code 10310.

Highlights

  • Excellent investment opportunity.
  • Family-operated restaurant.
  • Recently updated kitchen.
  • Full basement, primarily used for storage.
  • Second-floor, currently rented 2-bedroom/1-bathroom apartment.
  • Potential package sale with adjacent property (MLS# 1159279, 815 Castleton Ave.).

Property Details for 817 Castleton Ave

Property type
Other retail properties, Restaurants
Square Feet
2,500 SF
Year Built
1931
Buildings
1

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6349519
Longitude
-74.1096582
817 Castleton Ave, Staten Island, New York

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817 Castleton Ave
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