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584 Richmond Rd 3,375 SF 100% Leased Retail Building Staten Island, NY 10304 $1,099,000 ($325.63/SF) 10.79% Cap Rate
Investment Highlights
- Owner-User or Investor Opportunity
- Stable Residential Income Potential
- High Visibility Retail Location
- Strategic Staten Island Location
- Market Retail Rent Potential
- High Yield Investment
Executive Summary
DON'T MISS! Projected CAP 10,5+%!
Mixed-use investment or owner-user opportunity located on the high-visibility Richmond Road corridor in Staten Island. The property features approximately 2,125 SF of ground-floor retail space and a spacious 4-bedroom, 2-bathroom residential unit above. Retail space is projected to achieve approximately $7000/mo market rent, while the residential unit may qualify for housing voucher programs providing stable income potential. The property is currently owner-occupied and may be delivered vacant at closing, offering flexibility for investors or owner-users. Conveniently located near the Staten Island Expressway, Verrazzano-Narrows Bridge, and public transportation.
Mixed-use investment or owner-user opportunity located on the high-visibility Richmond Road corridor in Staten Island. The property features approximately 2,125 SF of ground-floor retail space and a spacious 4-bedroom, 2-bathroom residential unit above. Retail space is projected to achieve approximately $7000/mo market rent, while the residential unit may qualify for housing voucher programs providing stable income potential. The property is currently owner-occupied and may be delivered vacant at closing, offering flexibility for investors or owner-users. Conveniently located near the Staten Island Expressway, Verrazzano-Narrows Bridge, and public transportation.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,375 SF
Building Class
C
Year Built
1958
Price
$1,099,000
Price Per SF
$325.63
Cap Rate
10.79%
NOI
$118,600
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.06 AC
Zoning
R3A C2 - R3 - Low density residential district
Frontage
25’ on Richmond Rd
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 02882-0043 | Improvements Assessment | $49,130 (2025) |
| Land Assessment | $8,590 (2025) | Total Assessment | $57,720 (2025) |
Property Taxes
Parcel Number
02882-0043
Land Assessment
$8,590 (2025)
Improvements Assessment
$49,130 (2025)
Total Assessment
$57,720 (2025)
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584 Richmond Rd
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