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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