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    Richmond Road Strip Center For Sale Title is generated by Realmo AI

    1674-1696 Richmond, Staten Island, NY 10304

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    For Sale
    $6,500,000

    26,000 SF 10-unit strip center on Richmond Road.

    Type:Commercial
    Property size:
    26,000 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $250/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 3:29 pm

    Property Features for 1674-1696 Richmond

    General Information

    Standard status
    Active
    Size
    26,000 SF
    Lot size
    0.62 Acres
    Property subtype
    Commercial

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    Richard Matt Shane

    Listing office ALL ISLAND ESTATES REALTY CORP

    Listing date Mar 10, 2026

    Source Elliman

    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 ALL ISLAND ESTATES REALTY CORP

    HighLights

    • High‑Traffic Location: Situated on Richmond Road with a daily traffic count of 16,500+ vehicles.
    • Investment/Development Potential: 26,000 sqft strip center on a 27,000 sqft lot with R3‑1/C1‑1 zoning.
    • Ample Parking: Features 32 parking spaces and a private parking lot.
    • Strategic Location: Located in the heart of Staten Island, minutes from I‑278, Richmond County Country Club, and the Verrazano Bridge.
    • Strong Tenant Potential: Includes a restaurant space and is surrounded by national retailers like Starbucks, Toyota, and CVS.
    • Key Features: Includes high ceilings, new LED lighting, CAC, 3‑phase power, and strategically placed curb cuts.

    Overview

    This 26,000 square foot strip center, comprised of 10 units, is available for purchase. Situated on a 27,000 square foot lot on Richmond Road, the property benefits from high visibility and prominent signage. It features R3-1/C1-1 zoning and 32 parking spaces. The building includes high ceilings, a restaurant space, two curb cuts, a private parking lot, and 3-phase power. Additional features include new LED lighting and central air conditioning. The property is located in the heart of Staten Island, minutes from I-278, the Richmond County Country Club, and the Verrazano Bridge. The surrounding area includes businesses such as Starbucks, Toyota, Honda, Northwell Health, Staples, CVS, OrangeTheory Fitness, Sherwin-Williams, Fine Fare Supermarkets, and Subway. The location benefits from a daily traffic count exceeding 16,500 vehicles. This property presents development potential and could serve as a business location.

    Local 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 $780.0k $30.00
    − Vacancy −$66.3k −$2.55
    EGI $713.7k $27.45
    − OpEx −$214.1k −$8.24
    NOI $499.6k $19.22
    26,000 SF · lease $30.00/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $7.14M
    $6.24M – $8.33M (±1% cap)
    NOI $499,590 @ 7.0% cap · market cap 7.69%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $12.41M
    $10.86M – $14.47M (±1% cap)
    NOI $868,406 @ 7.0% cap · market cap 13.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Hair Salon Spa & Massage Center Barber Shop Bar & Pub Parking Lot & Garage Nursing Home (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Big Box & Wholesale Store

    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
    -74.1619
    Latitude
    40.6085

    FAQs

    What type of property is this?
    Strip mall - 26,000 SF 10-unit strip center on Richmond Road.
    Where is this strip mall located?
    The property is located at 1674-1696 Richmond Staten Island, NY.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: High‑Traffic Location: Situated on Richmond Road with a daily traffic count of 16,500+ vehicles.; Investment/Development Potential: 26,000 sqft strip center on a 27,000 sqft lot with R3‑1/C1‑1 zoning.; Ample Parking: Features 32 parking spaces and a private parking lot.
    More about this property
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