Active

95-97 Lincoln Avenue

Staten Island NY, 10306

$1,750,000


$729.17 per sqft

Active

2,400 sqft

Commercial

Built in 1980

Incredible investment opportunity being offered for the first time in over 30 years, 95-97 Lincoln Ave is a 4 units commercial property comprising 2 buildings located in a highly trafficked area of Grant City, Staten Island. This property is situated on a 4,212 Zoned C1-1/R3-2 lot and features a total of 4,800 SF of built commercial space with parking in the rear. Currently, all 4 units are tenant-occupied with active leases in place, and tenants are responsible for covering all utility expenses, making it an attractive income-generating asset from day one. The leases feature 4% yearly increases to offer the new owner great future stability. This building's location is in close proximity to public transportation, including the nearby BUS lines S51 and S81, as well as the SIR Grant City Station. The property's location not only makes a sound financial investment for the next owner but a great location for any long term tenant to flourish.

2401460

MLS ID

March 19, 2024

Listed

April 5, 2024

Updated

Map

95-97 Lincoln Avenue
Staten Island NY, 10306

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.05 Acres


Sewer

City

Other Property Details

Area Name

Grant City


Taxes

$16,515


Tax Frequency

Annually


Garage

No


Parking

Street


Parking Total

6


View

No


County

Richmond


Pool

No


Zoning

R3-2

 

Courtesy of Robert DeFalco Realty, Inc.

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