Active

78-80 Victory Boulevard

Staten Island NY, 10301

$1,350,000


$543.04 per sqft

Active

2,486 sqft

Commercial

Built in 1931

A Prime Mixed-Use Investment Opportunity in business areas Victory Blvd Excellent location! This one-story, one-family, mixed-use building is situated in the highly desirable Brighton Heights neighborhood, just steps from the subway station and a busy, high-traffic street.This property is available as a package deal plus next empty lot ( 80 Vitory Blvd) , offering a mixed-use building plus an additional empty lot, providing incredible development potential. Building Size: 22' x 75', Zoning: R5 (Potential for expansion or new development)First Floor: Fully operational restaurant tenant, lease active until February 2026. Tenant pays their own water and utilities. Second Floor: Spacious six bedrooms with one and half bathroom apartments , the restaurant Current Rent: 3,000/monthly(lease ends 2/2026), Tenant pays own utilities, second floor current rent:2050/monthly ( lease ends 8/2025), Expenses:Insurance: ~5,000 annually, water bill 120/ monthly (only for apartment) Tenants pay all utilities separately ,Separate heating & hot water), The adjacent empty lot (24' x 75') is included in this package deal.Zoned R5, allowing the potential to build up to three additional floors for another mixed-use building.Prime location near subway & major bridge, Busy commercial area with strong foot traffic, Income-generating property with future development potential, Turnkey restaurant tenant & stable residential rental income, This is a rare investment opportunity with excellent cash flow and long-term upside. Contact me today for more details or to schedule a private showing!

2500740

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Natural Gas, Other

Exterior/Building Features

Lot Size

0.04 Acres


Sewer

City

Other Property Details

Area Name

St. George


Taxes

$4,580


Tax Frequency

Annually


Garage

No


Parking

Street


Parking Total

0


View

No


County

Richmond


Pool

No


Zoning

C2-1

 

Courtesy of Re/Max Edge

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