Listing Courtesy of Community Home Brokerage


$825,000
512 Tompkins Avenue
Staten Island, NY 10305
MLS# 1113093
Status: Closed
2880 sqft


512 Tompkins Avenue, Staten Island, NY 10305
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512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305 512 Tompkins Avenue, Staten Island, NY 10305

Property Description
Great investment opportunity in the heart of Rosebank. This totally renovated corner property features a 2,000 sq ft storefront with a spacious 3 bedroom apartment above. Rent for the store is estimated at a very reasonable $18 per ft, which equates to a projected cap rate of 6.5%. High traffic, near transportation, and beautifully renovated combines for a great investment or a great place to bring your business while enjoying some cash flow to offset expenses.

Details
Maps
Address/Legal
Street No.: 512
Street Name: Tompkins
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10305
Area Name: Rosebank
Section: North Shore
Parcel ID: 2973-43
Contract/Location Information
Listing Date: 2017-08-18
Sold Price: $650,000
Current Price: $650,000
Sub-Type: Commercial
List Price/SqFt: 286.46
Sale/Lease: Sale
Zoning: R3 A
Block: 2973
Lot: 43
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 2
Year Built: 1945
Year Built Info: Approx
Taxes: 3301
Tax Abated: No
Lot Size SqFt: 2500
Lot Dim: 25X108
Irregular: Yes
Building SqFt: 2880
Condition: Excellent
Air Conditioner: Units
# of Residential Units: 1
# of Commercial Units: 1
Public Remarks: Great investment opportunity in the heart of Rosebank. This totally renovated corner property features a 2,000 sq ft storefront with a spacious 3 bedroom apartment above. Rent for the store is estimated at a very reasonable $18 per ft, which equates to a projected cap rate of 6.5%. High traffic, near transportation, and beautifully renovated combines for a great investment or a great place to bring your business while enjoying some cash flow to offset expenses.
Status Change Info
Status: Closed
Pending Date: 2017-11-10
Sold Date: 2018-02-21
Sold Price: $650,000
Projected Close Date: 2018-01-12
Building Info
Building Available SqFt: 2880
Retail Available SqFt: 2000
Sprinklers: No
Income & Expenses
Gross Income: 62400
Total Expense: 8000
Net Income: 54400
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 110
Features: Mixed Use
Construction: Frame Brick
Parking: Street
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Lock Box


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is 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.