$2,799,000
Staten Island, NY 10302
MLS# 2506494
22100 sqft

1 / 3
Property Description
Calling all Investors- 156-160 Port Richmond Avenue | 4-Building Mixed-Use Development Exceptional Investment Opportunity in Staten Island! Presenting a fully approved 4-building mixed-use development located in the heart of Port Richmond along the vibrant Port Richmond Avenue corridor. Each of the four newly approved structures features a ground-floor commercial storefront with two spacious residential units above, creating an ideal blend of retail exposure and steady rental income potential. Designed with modern layouts and energy-efficient construction in mind, this project offers a total of 8 residential units and 4 commercial spaces across approximately 24,000+ total square feet (averaging roughly 6,000 SF per building including both residential and commercial areas). Project Highlights: 4 Mixed-Use Buildings - Approved Plans in Place 8 Total Residential Units + 4 Commercial Storefronts Modern Open Layouts with Quality Housing Standards Prime Location with Strong Foot Traffic and Visibility Convenient Access to Public Transportation and Major Corridors Ideal for Investors, Builders, or 1031 Exchange Buyers This is a rare opportunity to acquire a fully approved development in a rapidly appreciating neighborhood, surrounded by ongoing revitalization and new construction. Whether you plan to build and hold for long-term income or sell individual buildings upon completion, the flexibility and location make this an unbeatable project. Don't miss your chance to secure this turnkey development site at 156-160 Port Richmond Avenue!
Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 126.65
Sale/Lease: Sale
CofO: No
List Type: Exclusive Agency
Owner Finance: No
General Property Info
# of Buildings: 4
Stories: 2
Taxes: 23643
Tax Abated: No
Lot Size SqFt: 11157
Year Built Info: Approx
Lot Dim: 70' X 159'
Irregular: Yes
Air Conditioner: None
Condition: Good
# of Parking Spaces: 0
# of Residential Units: 8
# of Commercial Units: 4
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Calling all Investors- 156-160 Port Richmond Avenue | 4-Building Mixed-Use Development
Exceptional Investment Opportunity in Staten Island!
Presenting a fully approved 4-building mixed-use development located in the heart of Port Richmond along the vibrant Port Richmond Avenue corridor. Each of the four newly approved structures features a ground-floor commercial storefront with two spacious residential units above, creating an ideal blend of retail exposure and steady rental income potential.
Designed with modern layouts and energy-efficient construction in mind, this project offers a total of 8 residential units and 4 commercial spaces across approximately 24,000+ total square feet (averaging roughly 6,000 SF per building including both residential and commercial areas).
Project Highlights:
4 Mixed-Use Buildings - Approved Plans in Place
8 Total Residential Units + 4 Commercial Storefronts
Modern Open Layouts with Quality Housing Standards
Prime Location with Strong Foot Traffic and Visibility
Convenient Access to Public Transportation and Major Corridors
Ideal for Investors, Builders, or 1031 Exchange Buyers
This is a rare opportunity to acquire a fully approved development in a rapidly appreciating neighborhood, surrounded by ongoing revitalization and new construction. Whether you plan to build and hold for long-term income or sell individual buildings upon completion, the flexibility and location make this an unbeatable project.
Don't miss your chance to secure this turnkey development site at 156-160 Port Richmond Avenue!
Year Built: 1931
Building SqFt: 22100
Sewer
City: 1
Electric
220: 1
Showing Instructions
Show Direct: 1
Heat Source
Gas: 1
Heat System
Other: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Garage Location
None: 1
Income & Expense
Cap Rate: 10
Features
Mixed Use: 1
Building Info
Building Available SqFt: 6495
Retail Available SqFt: 100000
Sprinklers: Yes
Construction
Frame: 1
AddressLegal
Street No.: 156
Street Name: Port Richmond
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10302
Area Name: Port Richmond
Parcel ID: 01077-0042
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-11-05
List Price: $2,799,000
Current Price: $2,799,000
Sub-Type: Commercial
Zoning: C-4-2
Block: 01077
Lot: 0042
Property Features
Electric Meters: Individual
Garage Location: None
Gas Meters: Individual
Heat Source: Gas
Heat System: Other
Showing Instructions: Show Direct
Electric: 220
Features: Mixed Use
Construction: Frame
Parking: On Street
Listing Courtesy of Sima Properties
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.
