Listing Courtesy of: Vincent Geraldi - Coldwell Banker Advantage
718-447-3000
$1,750,000
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Lincoln Ave Staten Island, NY 10306
General Commercial
Residence
Beds
Baths
4,824
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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!
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MLS#
2406557
Property Type
General Commercial
Year Built
1980
Square Feet
4,824
sq. ft
Price per Sq. Ft.
$362.77
Lot Size
0.1
Sewer
City Sewer
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