Industrial Building with Office
188 Van Buren Street Staten Island, NY 10301
188 Van Buren Street, Staten Island, NY, 10301
Contact for pricing
For Sale
Contact for pricing
Full masonry-and-steel facility includes three drive-in bays and an elevator-served second-floor office with multiple private offices.
Property Size7,132 SF
Price / SF$265.70
Days on Market222
Property Features for 188 Van Buren Street
General Information
- Standard status
- Active
- Size
- 7,132 SF
- Property subtype
- Business for Sale, Office, Industrial
Building Details
- Year Built
- 2007
Listing agency
PreReal Prendamano Real Estate
(718) 816-7799
Listed by
Robert Nixon · License #10401253010
Source
Crexi
Added: Dec 12, 2025 Updated: Jul 22 at 1:32AM Checked: Jul 22 at 1:32AM
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 PreReal Prendamano Real Estate
Investment Insights
Based on property information with market context.
188 Van Buren Street is a full masonry-and-steel commercial facility built in 2007 and maintained as a single, cohesive owner-user property. The ground-floor warehouse includes three drive-in bays with drive-thru capability and 20-foot clear ceilings, along with additional rear storage. The front foyer provides a separate, refined entry to the office portion of the building.
An elevator serves the second floor, which features multiple private offices, collaborative areas, two restrooms (including one with a shower), a reception/waiting area, generous natural light, and high-quality finishes. The structure uses wide-span steel construction to support warehouse workflow and maneuverability.
The building is listed as a flexible industrial and office combination under M2 zoning, which allows a broader range of industrial and commercial activities than typical light-manufacturing districts. The property totals 7,132 square feet and is configured to support headquarters-level operations that require both warehouse capability and professional office space under one roof.
An elevator serves the second floor, which features multiple private offices, collaborative areas, two restrooms (including one with a shower), a reception/waiting area, generous natural light, and high-quality finishes. The structure uses wide-span steel construction to support warehouse workflow and maneuverability.
The building is listed as a flexible industrial and office combination under M2 zoning, which allows a broader range of industrial and commercial activities than typical light-manufacturing districts. The property totals 7,132 square feet and is configured to support headquarters-level operations that require both warehouse capability and professional office space under one roof.
Key Highlights
- Full masonry‑and‑steel commercial facility built in 2007 with 7,132 SF of total space.
- Ground‑floor warehouse includes three drive‑in bays with drive‑thru capability and 20‑foot clear ceilings.
- Wide‑span steel warehouse construction plus additional rear storage for overflow inventory or equipment.
Local Financial Insights For Office B
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 | $273.9k | $38.40 |
| − Vacancy | −$56.1k | −$7.87 |
| EGI | $217.7k | $30.53 |
| − OpEx | −$54.4k | −$7.63 |
| NOI | $163.3k | $22.90 |
7,132 SF · lease $38.40/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.33M
$2.04M – $2.72M
NOI $163,294 @ 7.0% cap · market cap 8.62%
Second Best
Warehouse
$2.16M
$1.89M – $2.52M
NOI $151,240 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,210 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blade Contracting Inc.
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Full masonry-and-steel facility includes three drive-in bays and an elevator-served second-floor office with multiple private offices.
Where is this flex space located?
The property is located at 188 Van Buren Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Full masonry‑and‑steel commercial facility built in 2007 with 7,132 SF of total space.; Ground‑floor warehouse includes three drive‑in bays with drive‑thru capability and 20‑foot clear ceilings.; Wide‑span steel warehouse construction plus additional rear storage for overflow inventory or equipment.
