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    1605 Forest Ave Staten Island, NY 10302

    Sponsored
    For Sale
    $1,975,000

    Commercial - Brooklyn, NY

    Property size:
    3,604 SF
    Lot size:
    0.18 Acres
    Days on Market:
    71
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 1605 Forest Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C 2-1
    Parking
    6
    Size
    3,604 SF
    Lot size
    0.18 Acres

    Building Details

    Roof type
    Flat
    Architectural style
    Other

    Weichert Realtors The Franzese (718) 232-1004

    Listing agent Vincent Blandino (718) 232-1004

    Listing date Oct 27, 2025

    MLS# 496653 Listing URL

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Commercial Building with Parking

    This well-maintained, two-story commercial building is located in a busy area of Forest Avenue, Brooklyn. The 3,700 square-foot building was constructed 30 years ago with cinder block and steel, and features three-phase electric. It includes a large, neatly paved parking lot with approximately 18 parking spots, providing ample space for customers. The property is situated in a great commercial area surrounded by national tenants and is located three blocks from the expressway. The first floor, approximately 2,200 sq. ft., is occupied by a salon with 5 bathrooms, with the tenant paying $8,091.00 per month (increasing to $8,243.00 in July 2026) plus 100% of the water bill, with 2% annual increases. The second floor, approximately 1,600 sq. ft., is shared by a real estate office and salon, with tenants paying $3,500 per month with 3% annual increases. The property is located on a lot of approximately 0.18 acres. The net operating income is approximately $103,000. The location offers plenty of exposure to vehicular traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coldwell Banker Advantage Real Estate Agency Perfect Playground Inc Physical Therapist Beth Blitzstein, MA Occupational Therapist Dana Jo Ketchel Speech Pathologist Laura Bossert Social Worker

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.141825
    Latitude
    40.62494

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    FAQs

    What type of property is this?
    Retail space - Well-maintained, two-story commercial building with parking and quality tenants.
    Where is this retail space located?
    The property is located at 1605 Forest Ave Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: - Net Operating Income (NOI) of approximately $103,000.; - Fully leased to quality tenants with staggered leases and built-in rent increases.; - High-traffic location on Forest Avenue with excellent exposure and proximity to national tenants.
    (718) 232-1004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 Forest Ave Staten Island, NY 10302
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