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4051-4055 Hylan Blvd
Staten Island, NY 10308
CVS 22 Years Left · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
- Storage Space
- Air Conditioning
ABOUT 4051-4055 HYLAN BLVD , STATEN ISLAND, NY 10308
*Located at the hard corner and signalized intersection of Hylan Boulevard and Wiman Avenue, the asset is in immediate proximity to countless traffic drivers, including Atlantis Marina & Yacht Club and Myra S. Barnes Intermediate School. *The surrounding area includes over 200 medical facilities and two major hospitals. *The Staten Island retail submarket is supported by sub-4.0% vacancy rates and a comparable NNN retail rent range averaging between $40-$50 PSF. The property, which is leased at a slightly above market , flat rental rate of $58 PSF through the primary term, provides new ownership with downside protection as market rental rates will likely climb closer to $60 PSF at the end of the tenants primary lease term. *Staten Island has a population of nearly 480,000 *The Island is most famous for the Staten Island Ferry, which carries 20 million passengers to and from Manhattan every year.
PROPERTY TAXES
| Parcel Number | 05276-0012 | Improvements Assessment | $1,688,850 |
| Land Assessment | $663,300 | Total Assessment | $2,352,150 |
PROPERTY TAXES
