Off-Market Offering5-Unit Retail in Staten Island
$3,850,000
Retail · 5 units · 11,800 SF
Asking Price
$3,850,000
Cap Rate
6.45%
Price / SF
$326
Building SF
11,800
Units
5
Asset Type
Retail
Investment Highlights
Port Richmond Staten Island 10k sqft retail strip on busy cooridor. w/5 stores. Sticky tenants w/avg 3.5yr lease & 5% increases. generating 270k/year. Zoned R6 with 26k BSF (as of right) & 46K BSF w/QA. Seller retiring. Asking 3.85M (6.45% cap) / ($83 / $148psf)
159 port richmond (el marriachi grocery)-3 yr lease 3500/month
161 port richmond-make the road non profit: 8350/month, term due oct.
163 port richmond furniture store-6k/month. 3yr w/option
135 new street (grocery) 3k/month 2yrs lease
137 new street (sells beverages) -1850 no lease.
everyone on sep meters they pay gas and elec.
owner pays water & taxes
everyone has 5% increases per year
Yaniv Grinberg
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/port-richmond-staten-island-10k-sqft-retail-strip/
https://www.crezly.com/property/port-richmond-staten-island-10k-sqft-retail-strip/
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.