Active

95-97 Lincoln Avenue

Staten Island NY, 10306

$1,750,000


$362.77 per sqft

Active

4,824 sqft

Commercial

Built in 1980

Income-Producing Property in Prime Grant City Location!

Looking for an investment opportunity that checks all the boxes? This package deal in Grant City, Staten Island, offers not one, but two buildings with four separate tenants--each enjoying their own gas and electric meters (no shared headaches here). Each tenant space spans approximately 1,200 square feet, providing plenty of room for business.

Built in 1980 and situated on a 4,212-square-foot lot, this property boasts R3-2 zoning and is perfectly positioned in a high-traffic area. Active leases are already in place, with built-in yearly rent increases for consistent growth. Add a strong 7.25 cap rate to the mix, and you'll see why this is an investment worth serious consideration.

Location? It doesn't get better. The property is steps away from public transportation, including the S51 and S81 buses and the Staten Island Railroad.

Whether you're a seasoned investor or just diving into the market, this property lets you start earning immediate returns after closing. With tremendous income potential and all the groundwork already laid, why wait? Schedule a viewing today!

2406557

MLS ID

November 27, 2024

Listed

November 28, 2024

Updated

Map

95-97 Lincoln Avenue
Staten Island NY, 10306

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.1 Acres


Sewer

City

Other Property Details

Area Name

Grant City


Taxes

$33,458


Tax Frequency

Annually


Garage

No


Parking

Private


Parking Total

6


View

No


County

Richmond


Pool

No


Zoning

R3-2 / C1

 

Courtesy of Coldwell Banker Advantage

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