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386 Van Duzer St
Staten Island, NY 10304
Retail Property For Sale
Investment Highlights
- Accessible to local retail, employment centers, and community institutions throughout Staten Island.
- Positioned near Stapleton and St. George amenities, transportation infrastructure, and neighborhood services.
Executive Summary
386 Van Duzer Street presents a rare investment opportunity featuring an approximately 6,300 SF multifamily building located in one of Staten Island's fastest-growing corridors. This well-positioned six-unit asset offers significant value-add potential through strategic rent increases, operational improvements, and professional management, creating an exceptional opportunity for both immediate cash flow growth and long-term appreciation. Situated within the rapidly evolving Van Duzer corridor, the property benefits from strong tenant demand driven by convenient access to public transportation, shopping, restaurants, and major commuter routes. As redevelopment and investment activity continue transforming the area, investors have the opportunity to capitalize on increasing rental demand and future market appreciation. The building currently provides stable in-place income with additional upside potential, as several units are operating below market rents. Investors can enhance NOI and overall asset performance through thoughtful repositioning and rental optimization. The combination of existing cash flow and future revenue growth makes this an attractive acquisition for both private investors and institutional buyers seeking a strong multifamily asset in Staten Island. This is an outstanding opportunity to acquire a sizable multifamily property with proven income potential, excellent location fundamentals, and substantial long-term upside in one of Staten Island's emerging investment markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,300 SF
Building Class
C
Year Built
1931
Price
$1,750,000
Price Per SF
$277.78
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.31
Lot Size
0.11 AC
Zoning
R3-2/C1-2 - Mix-Use Zoning Overlay
Frontage
12’ on Van Duzer St
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 00518-0004 | Improvements Assessment | $214,351 |
| Land Assessment | $121,349 | Total Assessment | $335,700 |
Property Taxes
Parcel Number
00518-0004
Land Assessment
$121,349
Improvements Assessment
$214,351
Total Assessment
$335,700
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