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535 Vanderbilt Ave Staten Island, NY 10304

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For Sale
$1,250,000

Income-producing gas station and convenience store on a corner lot.

Property Features for 535 Vanderbilt Ave

General Information

Property type
Commercial
Standard status
Active

Building Details

Year built
1931

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Listing Contact
Hassan Mahmood
Source: Elliman

Listing Agent: Hassan Mahmood

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

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Overview

Staten Island Gas Station For Sale

Located at 535 Vanderbilt Ave in Staten Island, this income-producing gas station and convenience store is available for sale. The property is situated on an irregular 0.17-acre corner lot zoned G3. It features double-walled fiberglass gas tanks. The property generates $89,112 in annual rental income, with a Net Operating Income of $66,932. The tenant has 6 years remaining on the lease, with a 5-year renewal option. The owner is responsible for property taxes of $18,179.08 and property insurance of $4,000 annually. The tenant covers all utilities. The gas station and convenience store are operated by a strong, established operator. This property presents an excellent long-term investment opportunity with stable cash flow.
Location Intelligence

Current Use by Public Records

ATM (Island Gas ... Atm Island Gas Plus Grocery & Convenience Store

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Staten Island
County
Richmond
State
New York
Longitude
-74.086855
Latitude
40.61389

FAQs

What type of property is this?
Gas station - Income-producing gas station and convenience store on a corner lot.
Where is this gas station located?
The property is located at 535 Vanderbilt Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: - Income-producing property with **$66,932 Net Operating Income**; - Tenant in place with 6 years remaining on the lease plus a 5-year renewal option; - **Prime corner lot location** on Vanderbilt Ave in Staten Island
More about this property
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