Staten Island Retail Space For
1161 Victory Blvd Staten Island, NY 10301
For Sale
Contact for pricing
Retail space available in Staten Island, 13,961 SqFt.
Property Size13,961 SF
Price / SF$716.28
Days on Market1070
Property Features for 1161 Victory Blvd
General Information
- Standard status
- Active
- Size
- 13,961 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2012
Listing Agency:
Stream Capital Partners
(203) 610-1541
Listed By:
Taylor Trepinski · License #0401325906
Source:
Crexi
Added: Aug 22, 2023
Changed: Jul 6
Last Checked: Jul 25 at 3:17PM
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 Stream Capital Partners
Investment Insights
Based on property information with market context.
This retail space is available for sale in Staten Island. The property has a size of 13,961 square feet and a capitalization rate of 5.14%.
Key Highlights
- 5.14% CAP Rate
- Retail Property
- 13,961 SqFt of retail space
Financial Insights For Retail
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 | $469.1k | $33.60 |
| − Vacancy | −$39.9k | −$2.86 |
| EGI | $429.2k | $30.74 |
| − OpEx | −$128.8k | −$9.22 |
| NOI | $300.5k | $21.52 |
13,961 SF · lease $33.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.29M
$3.76M – $5.01M
NOI $300,452 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.66M
$5.83M – $7.77M
NOI $466,301 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Richmond University Medical ...
Medical Clinic
Giselle Jimenez, MD
Physician
Ali Salman, MD
Medical Clinic
Helen Kay
Physician
Francesco Rotatori, MD
Physician
FAQs
What type of property is this?
Retail space - Retail space available in Staten Island, 13,961 SqFt.
Where is this retail space located?
The property is located at 1161 Victory Blvd Staten Island, NY.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 5.14% CAP Rate; Retail Property; 13,961 SqFt of retail space
