$2,180,000
Staten Island, NY 10301
MLS# 1160175
Status: Closed
4125 sqft
1 / 2
Property Description
Amazing commercial property for sale! This is a fantastic opportunity to invest in a property that includes five separate stores. Located in a highly desirable area, this property offers excellent visibility and foot traffic, making it an ideal location for a wide range of businesses. The stores are all well-maintained and offer plenty of space, providing ample room for businesses. The five separate stores are each leased out to tenants with excellent rental histories. The rental rates for the stores are as follows: Store 420: $2228 per month, Store 422: $2920 per month, Store 424: $2600 per month, and Store 426: $2630 per month. The total monthly rental income for the entire property is around $13,000, providing a great opportunity for investors to generate a stable and reliable income stream. In addition to the rental rates, each tenant is responsible for paying 20% of the property tax, while also being responsible for all utilities, including water. This property is sure to attract the attention of a wide range of investors. Don't miss out on this incredible opportunity. Being sold as a package deal with 420, 422,424 and 426 Forest Avenue.
Details
Maps
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 606.06
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 1
Taxes: 33200
Tax Abated: No
Lot Size SqFt: 8095
Year Built Info: Approx
Lot Dim: 7570
Irregular: No
Air Conditioner: Units
Condition: Excellent
# of Parking Spaces: 5
# of Residential Units: 0
# of Commercial Units: 5
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Amazing commercial property for sale! This is a fantastic opportunity to invest in a property that includes five separate stores. Located in a highly desirable area, this property offers excellent visibility and foot traffic, making it an ideal location for a wide range of businesses. The stores are all well-maintained and offer plenty of space, providing ample room for businesses. The five separate stores are each leased out to tenants with excellent rental histories. The rental rates for the stores are as follows: Store 420: $2228 per month, Store 422: $2920 per month, Store 424: $2600 per month, and Store 426: $2630 per month. The total monthly rental income for the entire property is around $13,000, providing a great opportunity for investors to generate a stable and reliable income stream. In addition to the rental rates, each tenant is responsible for paying 20% of the property tax, while also being responsible for all utilities, including water. This property is sure to attract the attention of a wide range of investors. Don't miss out on this incredible opportunity. Being sold as a package deal with 420, 422,424 and 426 Forest Avenue.
Year Built: 1948
Building SqFt: 4125
Status Change Info
Projected Close Date: 2023-10-17
Pending Date: 2023-07-17
Sold Date: 2023-10-20
Sold Price: $2,180,000
Sewer
City: 1
Electric
220: 1
Showing Instructions
Call Agent: 1
Call Office: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Income & Expense
Gross Income: 0
Total Expense: 0
Net Income: 0
Features
Mixed Use: 1
Restaurant: 1
Retail: 1
Shopping Center: 1
Building Info
Building Available SqFt: 4125
Warehouse Available SqFt: 4125
Retail Available SqFt: 4125
Sprinklers: Yes
Construction
Concrete Block: 1
AddressLegal
Street No.: 418-426
Street Name: Forest
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10301
Area Name: West Brighton
Parcel ID: 00253-0001
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2023-02-14
Sold Price: $2,180,000
Current Price: $2,180,000
Sub-Type: Commercial
Zoning: R3X/C1-2
Block: 00253
Lot: 0001
Property Features
Electric Meters: Individual
Gas Meters: Individual
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent; Call Office
Electric: 220
Features: Mixed Use; Restaurant; Retail; Shopping Center
Construction: Concrete Block
Listing Courtesy of Re/Max Edge
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.