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1686 Forest Ave 5,978 SF Retail Building Staten Island, NY 10302 $4,250,000 ($710.94/SF) 6.02% Cap Rate



INVESTMENT HIGHLIGHTS
- Price Reduction!!! Heavy foot traffic, excellent location, close to all major transportation, easily accessible to 440 and 287.
EXECUTIVE SUMMARY
PRIME FOREST AVENUE COMMERCIAL OPPORTUNITY — THIS WON'T LAST!
An investment like this rarely becomes available perfect opportunity for a 1031 Exchange—especially in such a coveted, high-exposure location. Situated directly on bustling Forest Avenue, just moments from the expressway and multiple major transit options, this meticulously cared-for five-unit commercial property offers exceptional visibility, consistent foot traffic, and unbeatable convenience.
Set on an oversized lot, the building boasts ample on-site parking and a clean, maintenance-free exterior that enhances curb appeal and reduces operational costs. Long-standing, stable tenants occupy all five units, offering a strong and reliable income stream from day one. This is truly a turn-key investment for the savvy buyer looking to establish long-term equity and passive cash flow.
Forest Avenue is one of the most heavily traveled commercial corridors in the region, making this location a standout for both tenants and future appreciation. Whether you're planning for early retirement, diversifying your portfolio, or securing a prime income-producing asset, this property delivers across the board.
Location, location, location—this one truly cannot be beat. Please inquire within for financials and cap rate. Act fast—properties of this caliber and in this corridor are extremely rare and highly sought after.
An investment like this rarely becomes available perfect opportunity for a 1031 Exchange—especially in such a coveted, high-exposure location. Situated directly on bustling Forest Avenue, just moments from the expressway and multiple major transit options, this meticulously cared-for five-unit commercial property offers exceptional visibility, consistent foot traffic, and unbeatable convenience.
Set on an oversized lot, the building boasts ample on-site parking and a clean, maintenance-free exterior that enhances curb appeal and reduces operational costs. Long-standing, stable tenants occupy all five units, offering a strong and reliable income stream from day one. This is truly a turn-key investment for the savvy buyer looking to establish long-term equity and passive cash flow.
Forest Avenue is one of the most heavily traveled commercial corridors in the region, making this location a standout for both tenants and future appreciation. Whether you're planning for early retirement, diversifying your portfolio, or securing a prime income-producing asset, this property delivers across the board.
Location, location, location—this one truly cannot be beat. Please inquire within for financials and cap rate. Act fast—properties of this caliber and in this corridor are extremely rare and highly sought after.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,978 SF
Building Class
B
Year Built
2013
Price
$4,250,000
Price Per SF
$710.94
Cap Rate
6.02%
NOI
$255,750
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.40
Lot Size
0.34 AC
Parking
30 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
180’ on Forest Ave
AMENITIES
- 24 Hour Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 900 SF
- Retail
- In-Line
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 900 SF | Retail | In-Line | 30 Days |
1st Floor
| Size |
| 900 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01476-0051 | Improvements Assessment | $368,550 |
| Land Assessment | $186,300 | Total Assessment | $554,850 |
PROPERTY TAXES
Parcel Number
01476-0051
Land Assessment
$186,300
Improvements Assessment
$368,550
Total Assessment
$554,850
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1686 Forest Ave
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