$4,250,000
1686 Forest Avenue
Staten Island, NY 10302
MLS# 2504188
5978 sqft


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Property Description
PRIME FOREST AVENUE COMMERCIAL OPPORTUNITY — THIS WON'T LAST! An investment like this rarely becomes available—especially in such a coveted, high-exposure location. Situated directly on bustling Forest Avenue, just moments from the expressway and multiple major transit options, this meticulously cared-for five-unit commercial property offers exceptional visibility, consistent foot traffic, and unbeatable convenience. Set on an oversized lot, the building boasts ample on-site parking and a clean, maintenance-free exterior that enhances curb appeal and reduces operational costs. Long-standing, stable tenants occupy all five units, offering a strong and reliable income stream from day one. This is truly a turn-key investment for the savvy buyer looking to establish long-term equity and passive cash flow. Forest Avenue is one of the most heavily traveled commercial corridors in the region, making this location a standout for both tenants and future appreciation. Whether you're planning for early retirement, diversifying your portfolio, or securing a prime income-producing asset, this property delivers across the board. Location, location, location—this one truly cannot be beat. Please inquire within for financials and cap rate. Act fast—properties of this caliber and in this corridor are extremely rare and highly sought after.

Details
Maps
Documents
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 710.94
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 1
Taxes: 49632
Tax Abated: No
Lot Size SqFt: 13784
Year Built Info: Approx
Lot Dim: 179 x 172
Irregular: Yes
Air Conditioner: Units
# of A/C Units: 5
Condition: Excellent
# of Parking Spaces: 20
Lease Purchase: No
# of Residential Units: 0
# of Commercial Units: 5
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: PRIME FOREST AVENUE COMMERCIAL OPPORTUNITY — THIS WON'T LAST! An investment like this rarely becomes available—especially in such a coveted, high-exposure location. Situated directly on bustling Forest Avenue, just moments from the expressway and multiple major transit options, this meticulously cared-for five-unit commercial property offers exceptional visibility, consistent foot traffic, and unbeatable convenience. Set on an oversized lot, the building boasts ample on-site parking and a clean, maintenance-free exterior that enhances curb appeal and reduces operational costs. Long-standing, stable tenants occupy all five units, offering a strong and reliable income stream from day one. This is truly a turn-key investment for the savvy buyer looking to establish long-term equity and passive cash flow. Forest Avenue is one of the most heavily traveled commercial corridors in the region, making this location a standout for both tenants and future appreciation. Whether you're planning for early retirement, diversifying your portfolio, or securing a prime income-producing asset, this property delivers across the board. Location, location, location—this one truly cannot be beat. Please inquire within for financials and cap rate. Act fast—properties of this caliber and in this corridor are extremely rare and highly sought after.
# of Heating Units: 5
Cooling: Yes
Year Built: 1932
Building SqFt: 5978
Sewer
City: 1
Electric
220: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Steam: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Assigned: 1
Off Street: 1
Garage Location
None: 1
Income & Expense
Gross Income: 30000
Features
Retail: 1
Shopping Center: 1
Building Info
Building Available SqFt: 5978
Retail Available SqFt: 5978
Sprinklers: No
Construction
Frame: 1
AddressLegal
Street No.: 1686
Street Name: Forest
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10302
Area Name: Westerleigh
Parcel ID: 01476-51
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-07-18
List Price: $4,250,000
Current Price: $4,250,000
Sub-Type: Commercial
Zoning: R3-2
Block: 01476
Lot: 51
Property Features
Electric Meters: Individual
Garage Location: None
Gas Meters: Individual
Heat Source: Gas
Heat System: Steam
Showing Instructions: Call Agent
Electric: 220
Features: Retail; Shopping Center
Construction: Frame
Parking: Assigned; Off Street

Listing Courtesy of Robert DeFalco Realty, Inc.

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.