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La Rosa Chicken and Grill Restaurant
For Sale
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1172 Victory Boulevard, Staten Island, NY 10301

Fast-casual restaurant offering fire-grilled chicken, platters, wraps, salads, and homemade sides.

Property Size750 SF
Price / SF$266.67
Days on Market329

Property Features for 1172 Victory Boulevard

General Information

Standard status Active
Size 750 SF
Property subtype Business for Sale, Retail
Zoning R3-1
Net Operating Income $61,000

Additional Details

Business Included Yes

Building Details

Year Built 2018
Units 1
Listing Agency: EXP Realty
Listed By: Rosa Marciano · License #10301213382
Source: Crexi
Added: Oct 7, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:55PM

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

Investment Insights

Based on property information with market context.

La Rosa Chicken and Grill is a fast-casual restaurant business centered on a fire-grilled chicken menu. Food offerings include chicken platters, wraps, salads, and homemade sides, providing a focused concept with multiple menu formats. The business is being offered for sale at 1172 Victory Boulevard in Staten Island.

The property was built in 2018 and carries R3-1 zoning. The lease is stated to be extended for 10 years, providing a defined term for continued restaurant operations at the site.

Key Highlights

  • La Rosa Chicken and Grill fast‑casual restaurant business
  • Fire‑grilled chicken menu with platters, wraps, salads, and homemade sides
  • Lease stated to be extended for 10 years

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
$18,107
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
9.05%
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%
$362,140 $362.1K
Cap Rate 7%
$258,671 $258.7K
Cap Rate 9%
$201,189 $201.2K
Market Conditions
NOI Build-Up for 750 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
$26.1K $34.80/SF
− Vacancy
−$2.0K −$2.61/SF
EGI
$24.1K $32.19/SF
− OpEx
−$6.0K −$8.05/SF
NOI
$18.1K $24.14/SF
Area
Staten Island, NY
Vacancy
7.50%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
25.00%
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%
$362,140
Cap Rate 7%
$258,671
Cap Rate 9%
$201,189

Alternative Uses

Best Use
Specialty Retail
$258.7K
$226.3K – $301.8K (±1% cap)
NOI $18,107 @ 7.0% cap · market cap 9.05%
Second Best
no second resolved use
Theoretical Best
Office A
$357.9K
$313.1K – $417.5K (±1% cap)
NOI $25,050 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

La Rosa Chicken ... Restaurant El Nile Halal ... Grocery & Convenience Store thelocshopnaturalhairstyling Hair Salon Your Vape & Smoke ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Building Supply Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Dining 36% Electronics 4%
7-Eleven Shops & Services
17,614 visits/mo 0.0 miles
Dunkin' Donuts Dining
12,506 visits/mo 0.1 miles
Shell Shops & Services
2,589 visits/mo 0.0 miles
AT&T Electronics
1,360 visits/mo 0.0 miles
Liberty Tax Shops & Services
769 visits/mo 0.5 miles

Demographics for 10301, NY

41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fast-casual restaurant offering fire-grilled chicken, platters, wraps, salads, and homemade sides.
Where is this conventional restaurant located?
The property is located at 1172 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: La Rosa Chicken and Grill fast‑casual restaurant business; Fire‑grilled chicken menu with platters, wraps, salads, and homemade sides; Lease stated to be extended for 10 years
(917) 838-0022 Call to check price and availability
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