97 Port Richmond AveStaten Island, NY 10302

For Sale
$1,735,000

High-Yield, Fully Leased Property

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property at 97 Port Richmond Avenue, Staten Island, presents a compelling investment opportunity. The 10,500 square foot building, constructed in 1931, comprises two buildings with three stories each, situated on an 8,000 square foot lot. Currently fully leased, the property generates income from five distinct streams: a medical practice, a private event venue, and three residential apartments. The asking price is $1,735,000, translating to $165.24 per square foot. The land value also calculates to $165.24 per square foot. The property is zoned C4-2, offering flexibility for future development or operational adjustments. Detailed financial information, including an income and expense report, is available upon request. This prime location in Richmond County, New York, zip code 10302 (latitude 40.638583, longitude -74.1327357), offers excellent access to transportation and local amenities. The property's strong tenant base and diverse income streams make it an attractive investment for discerning buyers seeking a stable and profitable asset in a thriving market. The APN is 01005-0008. This is a rare opportunity to acquire a fully leased, multi-income stream property in a desirable location.

Highlights

  • $1,735,000 Asking Price
  • Mixed-use property totaling 10,500 square feet
  • Two buildings, three stories, built in 1931
  • C4-2 zoning
  • 8,000 square foot lot
  • Located at 97 Port Richmond Ave, Staten Island, NY 10302

Property Details for 97 Port Richmond Ave

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
10,500 SF
Year Built
1931
Buildings
2
Stories
3

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.638583
Longitude
-74.1327357
97 Port Richmond Ave, Staten Island, New York

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97 Port Richmond Ave
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