5-Unit Retail in Staten Island
$2,000,000
Retail · 5 units · 16,000 SF
Investment Highlights
There are two options here: 1) (165 Port Richmond ave) Port Richmond Staten Island corner lot 5,345 SF, 50x106, zoned C4-2 (R6 equiv) allowing 11,759 BSF residential or 20,845 BSF w/QA FAR. Asking: $1.7M ($144psf)/($81psf)
or 2) an assemblage of 159 - 167 Port Richmond Ave: BLURB: corner lot w/5 stores (2 occupied). Current income $7K/month. 17,195 SF w/ 125’ frontage, zoned C4-2 (R6 equiv) allowing ~38K BSF residential or ~67K BSF w/QA FAR. Asking: $5.65M ($147psf)/($84psf)
check cashing tenant been ther 55yrs - 2 yr lease
Hair Salon 25yrs. 1 year lease
One store is already built out ready to lease
another two need work
Seller lives in NJ wants to sell this and buy something closer to him
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.