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418 Forest Avenue

Staten Island, NY 10301
  • $2,500,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 471924
$2,500,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,095
    SQFT
  • $309
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

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.

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© 2023 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Citi Star Realty. Data last updated: 2023-03-25T00:00:36.63.
www.citistarrealtyinc.com/homes/137017142
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418 Forest Avenue Staten Island, NY 10301

  • Price: $2,500,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 471924
0
Beds
0
Baths
0
½ Baths
0.17
Acres
8,095
SQFT
$309
$/SQFT
Neighborhood:
Staten Island
County:
Staten Island
Area:
West Brighton
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.
Exterior Features

Commercial Features Exterior Other Construction Materials BlockBrick Loading Docks Other Lot Size Length 95 Lot Size Width 80 Parking Attributes OtherNone Parking Feature Street Roof Other

Interior Features

Basement Amenities Full Ceiling Height 11-15 Foot Commercial Features Interior Other Equipment Included Ask Agent Flooring Other Foundation Details Poured Concrete Heat Delivery Hot Water Lavatories Other Walls Other

Property Features

ACUnits 0 Block 253 Commercial Condo 0 Construction Type Attached Cross Street Name Forest Ave Current Use RestaurantRetail Electric 220 V Financing 1031 ExchangeBank MortgageCash Heating Fuel Gas Lot Number 1 Lot Size Irregular YN 0 Number Of Stores 5 Potential Use RestaurantRetail Property Sub Type Commercial Property Type Commercial Sale Type Arm's Length Transaction Type Sale Utilities Other Zoning R3x/C1-2

Listing information © 2023 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Re/Max Edge: (718) 612-3088.


© 2023 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Citi Star Realty. Data last updated: 2023-03-25T00:00:36.63.
 
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