1903 Victory BlvdStaten Island, NY 10314

For Sale
$2,025,000

Staten Island storefront, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity encompasses two buildings situated on a 4,806 square foot lot at 1899-1903 Victory Boulevard, Staten Island, NY 10314. The property, built in 1931, offers a combined 4,500 square feet of retail space, currently operating at 100% occupancy under a gross lease. The two-story structures boast a multi-tenancy configuration, including separate storefronts on the ground floor and additional office space on the second floor. The asking price is $2,025,000, translating to $450 per square foot. The property is zoned R3-1 and C1-1, providing flexibility for various commercial uses. This prime location in Staten Island presents a compelling investment prospect, with the potential for strong rental income and future appreciation. The buildings are currently occupied, offering immediate cash flow. The sale includes both the real estate and the existing business, or the real estate can be purchased separately. This presents a unique opportunity to acquire a well-established commercial property in a desirable location. The property's history and current success make it an attractive investment for both seasoned investors and those seeking a stable, income-generating asset.

Highlights

  • Exceptional investment opportunity: Two buildings on a 4,806 sq ft lot at 1899-1903 Victory Blvd, Staten Island, NY 10314.
  • 4,500 sq ft of retail space, 100% occupied under gross leases.
  • Two-story buildings with multi-tenancy configuration (ground floor retail, second floor office).
  • Asking price: $2,025,000 ($450/sq ft).
  • R3-1 and C1-1 zoning allows for flexible commercial uses.
  • Generating immediate cash flow; sale includes real estate and business (or real estate only).

Property Details for 1903 Victory Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
4,500 SF
Year Built
1931
Buildings
2
Stories
2

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.612701955464
Longitude
-74.127404758438
1903 Victory Blvd, Staten Island, New York

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1903 Victory Blvd
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