About 1674-1696 Richmond
Calling All Investors, Developers & End-Users!!! 26,000 Sqft. 10 Unit Strip Center On A 27,000 Sqft. Lot For Sale On Richmond Road!!! The Property Features Great Exposure, Excellent Signage, R3-1/C1-1 Zoning, 32 Parking Spaces, High Ceilings, Restaurant, (2) Strategically Placed Curb Cuts, Private Parking Lot, Low Property Taxes, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Staten Island Just Minutes From I-278, The Richmond County Country Club & The Verrazano Bridge!!! Neighbors Include Starbucks, Toyota, Honda, Northwell Health, Staples, CVS, OrangeTheory Fitness, Sherwin-Williams, Fine Fare Supermarkets, Subway, +++!!! The Property Has A Daily Traffic Count Of 16,500+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1674. Cantina Valencia (2,578 Sqft.): $98,880 Ann.; Lease Exp.: 2/28/32. Tenant Pays Their Share Of Taxes. 1684. Storefront (13,000 Sqft.): $585,000 Ann. (Available) 1688. Storefront (1,200 Sqft.): $60,000 Ann. (Available) 1692. R & C Variety Corp. (1,000 Sqft.): $43,470 Ann. Lease Exp.: 9/30/32. Tenant Pays Their Share Of Taxes. 1694. Torino Pizza (900 Sqft.): $45,593 Ann.; Lease Exp.: 6/30/31. Tenant Pays Their Share Of Taxes. 1696. Yafei Deli (1,340 Sqft.): $50,058 Ann.; Lease Exp.: 12/31/30. Tenant Pays Their Share Of Taxes. Pro Forma Gross Income: $883,001 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $0 Ann. Insurance: $8,386 Ann. Taxes: $81,791.20 Ann. Total Expenses: $90,427.20 Ann. Tax Rebate (Paid By The Stores): $53,716.92 Ann. Net Operating Income (NOI): $846,290.72 Ann. (Pro Forma 10.65% Cap!!!) Reply, Reply All or Forward
Features of 1674-1696 Richmond
| MLS® # | 857014 |
|---|---|
| Price | $7,950,000 |
| Bathrooms | 0.00 |
| Square Footage | 26,000 |
| Square Footage | 27000 |
| Acres | 0.00 |
| Type | Commercial |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 1674-1696 Richmond |
|---|---|
| City | Staten Island |
| County | Richmond (Staten Island) |
| State | NY |
| Zip Code | 10304 |
Amenities
| Utilities | Electricity Connected, Phone Connected, See Remarks |
|---|---|
| Parking Spaces | 32 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
Additional Information
| Listing Courtesy of | All Island Estates Realty Corp |
|---|---|
| Date Listed | May 2nd, 2025 |
| Days on Market | 20 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | All Island Estates Realty Corp |
|---|