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    3881 Richmond Ave Staten Island, NY 10312

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    For Sale
    $4,300,000

    NNN leased bank branch with corporate guarantee and prime location.

    Property size:
    3,483 SF
    Lot size:
    0.28 Acres

    Property Features for 3881 Richmond Ave

    General Information

    Size
    3,483 SF
    Lot size
    0.28 Acres

    Source: Encore Real Estate Investment Services Agent Brent Hanna

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Staten Island Bank Branch For Sale

    This property, constructed in 2014 to Bank of America's new prototype design, offers a long-term passive investment opportunity with 11 years remaining on an absolute net lease. The tenant is responsible for all expenses. The property benefits from a corporate-backed guarantee and an S&P rating of "A-". It is positioned on a strategic hard corner location with combined traffic counts exceeding 39,819 vehicles per day. The site is adjacent to the Eltingville Train Station and Eltingville Plaza, a new mixed-use development comprising 56,250 square feet. Located in a high-income region, the 3-mile household income exceeds $126,727. The surrounding area has a dense population, with over 37,600 residents within a 1-mile radius. The property is situated in a dense retail corridor, neighboring tenants include Stop and Shop, Wendy's, Burger King, Dunkin Donuts, Chase Bank, Advance Auto Parts, Rite Aid, CVS, and many more. The property size is 3,483 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bank of America (with ... Bank Bank of America Mortgage Mortgage Lender Bank of America ATM ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -74.163387
    Latitude
    40.542863

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    FAQs

    What type of property is this?
    Bank - NNN leased bank branch with corporate guarantee and prime location.
    Where is this bank located?
    The property is located at 3881 Richmond Ave Staten Island, NY.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Investment grade credit tenant (S&P Rating "A-") with corporate backed guarantee.; - Absolute net lease with tenant responsible for all expenses, offering a long term passive investment opportunity with 11 years remaining.; - Strategic hard corner location with high traffic counts (39,819 VPD+).
    (248) 702-0280
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    3881 Richmond Ave Staten Island, NY 10312
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    Staten Island, NY 10312
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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
    3881 Richmond Ave Staten Island, NY 10312
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