- Parking: 38
- Size: 2787.09 m²
- Price: $9,500,000
Calling All Investors, Developers, and End Users!!! 100% Occupied Corner Shopping Center with 19 Units and 2,787 m² for Sale!!! The Property is Located in the Heart of Staten Island, on busy Forest Avenue, Minutes from the Dr. M.L.K.
Jr. Expy. (Route 440)!!! The Building Features Excellent Signage, Great Exposure, R3-2/C2-1 Zoning, 4 Strategically Positioned Access Points, 3 Floors, 38 Parking Spaces, High 3.65 m Ceilings, All New LED Lighting, Central Air Conditioning+++!!!
Neighbors Include Amazon, Fed Ex, UPS, Chase Bank, Citizens Bank, L.A. Fitness, Target, Stop & Shop, ShopRite, T.J. Maxx, CVS, 7-Eleven, Walgreens, Shell, Taco Bell, Sherwin-Williams, Jersey Mike's, KFC, +++!!! The Property Has 77 m of Frontage on Forest Avenue + 49 m of Frontage on Jewett Avenue!!!
This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or the Next Home For Your Business!!!
Income:
1st Floor:
Kung Fu Tea (84 m²):
$29,917.44 Annual; Exp.
Contract:
03/31/27.
Exotic Convenience Corp. (93 m²):
$43,219.56 Annual; Exp.
Contract:
03/31/30.
Riverside Chinese Kabab (74 m²):
$41,375.16 Annual; Exp.
Contract:
06/30/27.
Nail It UP Inc. (74 m²):
$36,011.76 Annual; Exp.
Contract:
02/28/26.
Wireless Matrix Corp. (2 Units, 139 m²):
$62,628.96 Annual; Exp.
Contract:
06/30/25.
SKYCARE RX Inc. (2 Units, 139 m²):
$77,374.56 Annual; Exp.
Contract:
12/31/28.
Happy Eastern Dragon (158 m²):
$56,015.52 Annual; Exp.
Contract:
06/30/32.
QK Grill Japan II LLC (167 m²):
$75,600 Annual; Exp.
Contract:
01/31/33.
2nd Floor:
Wang Suezhen Spa (130 m²):
$32,400 Annual; Exp.
Contract:
09/05/29.
C & R Desantis Inc. (74 m²):
$35,646.24 Annual; Exp.
Contract:
07/31/27.
Brightside Training LLC (2 Units, 186 m²):
$39,552 Annual; Exp.
Contract:
09/30/26.
1267 MTA Inc. (5 Units, 372 m²): $108,211.80 Annual; Exp.
Contract:
12/31/27.
J & C Essential Care LLC (74 m²):
$26,400 Annual; Exp.
Contract:
11/30/29.
Dance Central (93 m²):
$39,338.16 Annual; Exp.
Contract:
10/31/24.
Ground Floor:
Prime Care Inc. (5 Units, 743 m²):
$240,000 Annual; Exp.
Contract:
12/31/25.
Expenses:
Gas:
$0 Annual.
Electric:
$0 Annual.
Water:
$0 Annual.
Trash:
$0 Annual.
Insurance:
$8,718 Annual.
Taxes:
$163,582.40 Annual.
Gross Income:
$943,691.16 Annual.
Total Expenses:
$172,300.40 Annual.
Net Operating Income (NOI):
$771,390.76 Annual. (8.12% Cap!!!)
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Property Type:
Commercial | Subtype: business | Year Built: 1990
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