Available For Sale - Office

1,280 SF | Show Pricing $

AVAILABILITY DETAILS

Size
1,280 SF
Price/SF
Show Pricing $
Listing ID
SA516359
Notes
CAN BE DELIVERED VACANT !! Attention investors and 1031 tax exchange prospects. According to RPR property values in this area have increased by 8.1% in the last 12 months. With the addition of Targee Plaza you can see this is an up and coming area of Staten Island! This corner property has high visibility on one of Staten Island's main throughways and 1 block off SI expressway. Built 1955 updated approx. 2008. The current tenants have a consistent rent payment history throughout their tenancy. With an auto leasing office on 1st level updated kitchen and bath rent @$1500 m to m. 2nd level 2 bedrooms with modern kitchen and bath rent @ $1500. M to M. Multiple Off street parking and garage. Electric and plumbing have also been updated. It currently generates $36,000 gross annual income which provides a 4.5 cap rate. With new management this property has great upside potential.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Anthony Ferraro, RE/MAX Elite
BRE# 30FE0624212