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238-240 Sand Ln 4,950 SF 100% Leased Retail Building Staten Island, NY 10305 $1,800,000 ($363.64/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully Occupied building for sale. Wonderful mixed use 5 family with a commercial store in heart of South Beach. Everything almost new, new kitchens

EXECUTIVE SUMMARY

Fully Occupied building for sale. Wonderful mixed use 5 family with a commercial store in heart of South Beach. Everything almost new, new kitchens and baths. Tank less hot water, retail store plus 5 rental apartments. Irregular lot w garage and rentable parking spots. A gem. Close to boardwalk and bridge .Income and expenses to be provided upon request. 5 family with retail on the ground floor. Tenants pay their own utilities.
Most of the leases in place .
INTERESTED PLEASE CONTACT MELSA SKRAPALLIU
RJM REALTY EMPIRE, INC
718-568-2256
347-675-3056

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,950 SF
Building Class
C
Year Built
1931
Price
$1,800,000
Price Per SF
$363.64
Cap Rate
5.50%
NOI
$98,945
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
0.95
Lot Size
0.12 AC
Zoning
R3-1
Frontage
28’ on Sand Ln

ABOUT 238-240 SAND LN , STATEN ISLAND, NY 10305

Fully Occupied building for sale. Wonderful mixed use 5 family with a commercial store in heart of South Beach. Everything almost new, new kitchens and baths. Tank less hot water, retail store plus 5 rental apartments. Irregular lot w garage and rentable parking spots. A gem. Close to boardwalk and bridge. Income and expenses to be provided upon request. INTERESTED PLEASE CONTACT MELSA SKRAPALLIU RJM REALTY EMPIRE, INC. 718-568-2256 347-675-3056

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Natalia Gruppo Artistico
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Natalia Gruppo Artistico - - - -
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CrossFit
Key Food
Flagstar
Kearny Bank
Chase Bank
Met Foodmarkets
CTown
Perkins
Citi
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03284-0086
Land Assessment
$5,709
Improvements Assessment
$260,691
Total Assessment
$266,400
  • Listing ID: 12498451

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 238-240 Sand Ln, Staten Island, NY 10305

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