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Mixed-Use Building with Restaurant

108 Victory Boulevard Staten Island, NY 10301

108 Victory Boulevard, Staten Island, NY, 10301
Contact for pricing
For Sale
Contact for pricing

Mixed-use building with an occupied ground-floor restaurant and two residential units above.

Property Size3,600 SF
Price / SF$277.78
Days on Market303

Property Features for 108 Victory Boulevard

General Information

Standard status
Active
Size
3,600 SF
Property subtype
Business for Sale, Retail

Building Details

Year Built
1931
Listing agency Exp Realty Bkny
Listed by Jazmin Molina · License #10401350277
Source Crexi
Added: Sep 23, 2025 Updated: Jul 22 at 1:16PM Checked: Jul 22 at 1:16PM

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 Exp Realty Bkny


Investment Insights

Based on property information with market context.

This mixed-use property includes a ground-floor restaurant that is currently occupied, along with two residential units on the upper levels. Each residential unit includes a kitchen, bathroom, and four rooms, offering straightforward, flexible layouts for tenants.

The building is offered for sale and is described as being ready for renovation, with the potential to improve and reposition the property.

The combination of an income-generating restaurant space and two residential units provides a practical mixed-use configuration within a single building.

Key Highlights

  • Mixed‑use building built in 1931 with retail and residential income streams
  • Ground floor currently occupied by a restaurant
  • Two residential units on the upper levels

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $133.9k $37.20
− Vacancy −$6.0k −$1.67
EGI $127.9k $35.53
− OpEx −$38.4k −$10.66
NOI $89.5k $24.87
3,600 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,526 @ 7.0% cap · market cap 8.95%
Second Best
Specialty Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,913 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,241 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Cinderellas Mexican Restaurant Restaurant

Suggested Use

Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Dental Office Acupuncture (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair Building Supply Home Appliance Store

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with an occupied ground-floor restaurant and two residential units above.
Where is this mixed-use property located?
The property is located at 108 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Mixed‑use building built in 1931 with retail and residential income streams; Ground floor currently occupied by a restaurant; Two residential units on the upper levels
Contact an agent
(646) 709-7029 Call to check price and availability
More about this property
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