Pending
933-939 Richmond Avenue
Staten Island NY, 10314
$6,800,000
$629.86 per sqft
Pending
10,796 sqft
Commercial
Built in 1975
Presenting an exceptional investment opportunity at a prestigious Triple A location.
933-939 Richmond Ave is situated at the bustling intersection of Richmond Avenue and Forest Avenue. This prime commercial property is anchored by the popular IHOP restaurant, ensuring a steady flow of foot traffic and visibility. This property represents a rare opportunity to acquire a high-performing commercial asset in a premier location. With established leases and minimal landlord obligations, it promises both stability and profitability for investors.
Key Features: Anchor Tenant: IHOP, a renowned and reliable tenant, drawing consistent customer visits. Triple Net Leases (NNN): All current leases are triple net, providing the owner with minimal management responsibilities as tenants cover property taxes, insurance, and maintenance costs. High Visibility: Situated on a highly trafficked location, this asset benefits from maximum exposure to passing vehicles and pedestrians. Ample Parking: The property boasts a spacious parking lot with 36 parking spaces, accommodating customer and tenant needs comfortably. Strong Financials: Generates a solid Net Operating Income (NOI) exceeding $400,000 annually, reflecting its status as an investment.
2402768
MLSⓇ ID
May 15, 2024
Listed
November 22, 2024
Updated
Map
933-939 Richmond Avenue
Staten Island NY, 10314
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Natural Gas, Other
Exterior/Building Features
Lot Size
0.6 Acres
Sewer
City
Other Property Details
Area Name
Graniteville
Taxes
$111,633
Tax Frequency
Annually
Garage
No
Parking
Assigned, Private
Parking Total
60
View
No
County
Richmond
Pool
No
Zoning
C2-1
Listing History
Date | Event | Price |
---|---|---|
9/16/2024 | Pending | — |
Courtesy of American Homes Group
Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Prodigy Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 NY - Staten Island Board of REALTORS (SIBOR). All rights reserved.