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535 Vanderbilt Ave - Citgo Gas Station Property Only Staten Island 1,500 SF Specialty Building Offered at $1,050,000 at a 6.37% Cap Rate in Staten Island, NY 10304
Investment Highlights
- Corner property
Executive Summary
Prime gas station/C-store property for sale at 535 Vanderbilt Ave in Staten Island. This G3-zoned, income-producing corner lot sits on an irregular 0.17 acres with no violations and features double-walled fiberglass gas tanks. The property generates $89,112 in annual rental income with a Net Operating Income of $66,932. The tenant has 6 years remaining on the lease plus a 5-year renewal option. Owner pays property taxes of $18,179.08 and property insurance of $4,000 annually, while the tenant covers all utilities. Strong, established operator running both the gas station and convenience store. Excellent long-term investment opportunity with stable cash flow.
Current rent is $7,426. Rent increases September 1st 2026 to $7,649.
Current rent is $7,426. Rent increases September 1st 2026 to $7,649.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$89,112
|
$59.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$89,112
|
$59.41
|
| Taxes |
$18,179
|
$12.12
|
| Operating Expenses |
$4,000
|
$2.67
|
| Total Expenses |
$22,179
|
$14.79
|
| Net Operating Income |
$66,933
|
$44.62
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $89,112 |
| Annual Per SF | $59.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $89,112 |
| Annual Per SF | $59.41 |
| Taxes | |
|---|---|
| Annual | $18,179 |
| Annual Per SF | $12.12 |
| Operating Expenses | |
|---|---|
| Annual | $4,000 |
| Annual Per SF | $2.67 |
| Total Expenses | |
|---|---|
| Annual | $22,179 |
| Annual Per SF | $14.79 |
| Net Operating Income | |
|---|---|
| Annual | $66,933 |
| Annual Per SF | $44.62 |
Property Facts
| Price | $1,050,000 | Building Class | C |
| Price Per SF | $700 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 1,500 SF |
| Cap Rate | 6.37% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1931 |
| Property Subtype | Car Wash | ||
| Zoning | G3 - G3-zoned Gas Station | ||
| Price | $1,050,000 |
| Price Per SF | $700 |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 1,500 SF |
| No. Stories | 1 |
| Year Built | 1931 |
| Zoning | G3 - G3-zoned Gas Station |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00650-0030 | Total Assessment | $189,450 (2026) |
| Land Assessment | $52,200 (2026) | Annual Taxes | $18,179 ($12.12/SF) |
| Improvements Assessment | $137,250 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
00650-0030
Land Assessment
$52,200 (2026)
Improvements Assessment
$137,250 (2026)
Total Assessment
$189,450 (2026)
Annual Taxes
$18,179 ($12.12/SF)
Tax Year
2025
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535 Vanderbilt Ave - Citgo Gas Station Property Only Staten Island
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