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159 Garretson Ave 3,096 SF 100% Leased Retail Building Staten Island, NY 10304 $1,349,999 ($436.05/SF)
Executive Summary
Featured for sale is a mixed-use brick commercial asset located on the corner of Garretson Avenue & N Railroad Avenue in the heart of Dongan Hills. The building includes two commercial storefronts, two one-bedroom apartments above, plus on-site parking. All units are separately metered, and rents across the board are well below market, presenting major long-term upside. Ideally located just steps from the Staten Island Railway and directly off Hylan Blvd, the property offers easy access to all major forms of transportation, shopping, restaurants & more. Consult with your architect to explore maximizing the site's potential under the City of Yes for Housing Opportunity. Great opportunity for an investor looking for rent growth, or a developer looking to capitalize on the corner lot and transit-oriented location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,096 SF
Building Class
C
Year Built
1920
Price
$1,349,999
Price Per SF
$436.05
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.82
Lot Size
0.09 AC
Zoning
c1-1
Frontage
64’ on Garretson Ave
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03319-0048 | Improvements Assessment | $135,883 |
| Land Assessment | $114,317 | Total Assessment | $250,200 |
Property Taxes
Parcel Number
03319-0048
Land Assessment
$114,317
Improvements Assessment
$135,883
Total Assessment
$250,200
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159 Garretson Ave