Renovated Storefront with Roll-Up
For Sale
Contact for pricing
100 Canal Street, Staten Island, NY 10304
Fully renovated commercial space with C4-2 zoning, updated building systems, and a new street-facing storefront.
Property Size1,500 SF
Price / SF$632.67
Days on Market486
Property Features for 100 Canal Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Retail
Zoning
C4-2
Building Details
Year Built
1931
Buildings
1
Tenancy
Single
Listing Agency:
United National Realty
Listed By:
Michael Dukhovny · License #NY
(718) 979-8000
Source:
Crexi
Added: Jun 2, 2025
Changed: Sep 24
Last Checked: Sep 29 at 6:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United National Realty
Investment Insights
Based on property information with market context.
This storefront property was built in 1931 and has undergone a full renovation. Improvements include high ceilings, a new HVAC system, a renovated bathroom, contemporary lighting, numerous electrical outlets, and a new storefront. An electronic roll-up gate adds a secured closure for the premises.
The building is at 100 Canal Street in Staten Island, positioned beside Bay Street and across from Tappen Park. C4-2 zoning supports a range of commercial applications and allows additional development options.
The building is at 100 Canal Street in Staten Island, positioned beside Bay Street and across from Tappen Park. C4-2 zoning supports a range of commercial applications and allows additional development options.
Key Highlights
- Fully renovated commercial building with high ceilings
- New HVAC system and renovated bathroom
- New storefront with electronic roll‑up gate
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,822
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$576,440
$576.4K
Cap Rate 7%
$411,743
$411.7K
Cap Rate 9%
$320,244
$320.2K
Market Conditions
NOI Build-Up for 1,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.0K $30.00/SF
− Vacancy
−$3.8K −$2.55/SF
EGI
$41.2K $27.45/SF
− OpEx
−$12.4K −$8.24/SF
NOI
$28.8K $19.22/SF
Area
ZIP 10304
Vacancy
8.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$576,440
Cap Rate 7%
$411,743
Cap Rate 9%
$320,244
Alternative Uses
Best Use
Retail
$411.7K
$360.3K – $480.4K
NOI $28,822 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$715.7K
$626.3K – $835.0K
NOI $50,100 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 33%
Shops & Services 27%
Western Beef
Groceries
24,234 visits/mo
0.4 miles
McDonald's
Dining
21,227 visits/mo
0.3 miles
Dunkin' Donuts
Dining
9,598 visits/mo
0.4 miles
Chase Bank
Shops & Services
7,184 visits/mo
0.1 miles
BP
Shops & Services
5,011 visits/mo
0.4 miles
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Fully renovated commercial space with C4-2 zoning, updated building systems, and a new street-facing storefront.
Where is this storefront property located?
The property is located at 100 Canal Street Staten Island, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Fully renovated commercial building with high ceilings; New HVAC system and renovated bathroom; New storefront with electronic roll‑up gate
