Retail Building with Apartment
For Sale
Contact for pricing
Pending
1899/1903 Victory Boulevard, Staten Island, NY 10314
Commercial building with two separate storefronts and a second-floor 2-bedroom apartment on Victory Boulevard.
Property Size3,600 SF
Days on Market284
Property Features for 1899/1903 Victory Boulevard
General Information
Standard status
Pending
Size
3,600 SF
Property subtype
Business for Sale, Retail
Zoning
R3-1
Net Operating Income
$110,000
Additional Details
Multifamily Units
1
Building Details
Year Built
1931
Buildings
1
Listing Agency:
Wonica REALTORS & Appraisers
Listed By:
George Wonica · License #10311200971
(917) 335-4596
Source:
Crexi
Added: Jan 16
Changed: Oct 25
Last Checked: Oct 26 at 2:50PM
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 Wonica REALTORS & Appraisers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
1899/1903 Victory Boulevard is a multi-use commercial building featuring two separate storefront spaces with a second-floor 2-bedroom apartment. The property is arranged to support both street-level retail operations and residential occupancy above.
The building is located on a main thoroughfare and is described as being close to amenities and transportation, supporting day-to-day accessibility for storefront and residential use.
Please note: the business is not for sale. The offering is for the real estate.
The building is located on a main thoroughfare and is described as being close to amenities and transportation, supporting day-to-day accessibility for storefront and residential use.
Please note: the business is not for sale. The offering is for the real estate.
Key Highlights
- Commercial building (Year Built 1931) on Victory Boulevard at 1899/1903
- Two separate storefronts
- Second‑floor 2‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,174
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,480
$1.4M
Cap Rate 7%
$988,200
$988.2K
Cap Rate 9%
$768,600
$768.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$108.0K $30.00/SF
− Vacancy
−$9.2K −$2.55/SF
EGI
$98.8K $27.45/SF
− OpEx
−$29.6K −$8.24/SF
NOI
$69.2K $19.22/SF
Area
ZIP 10314
Vacancy
8.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,480
Cap Rate 7%
$988,200
Cap Rate 9%
$768,600
Alternative Uses
Best Use
Retail
$988.2K
$864.7K – $1.15M
NOI $69,174 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,241 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
163k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 33%
Groceries 10%
Home Improvements & Furnishings 4%
Starbucks
Dining
19,274 visits/mo
0.2 miles
BP
Shops & Services
17,152 visits/mo
0.2 miles
Burger King
Dining
16,775 visits/mo
0.1 miles
7-Eleven
Shops & Services
16,173 visits/mo
0.2 miles
Met Food
Groceries
15,870 visits/mo
0.3 miles
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Benicia Florist Same Day Delivery Inc — 1868 victory blvd, staten island, ny 10314
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with two separate storefronts and a second-floor 2-bedroom apartment on Victory Boulevard.
Where is this storefront property located?
The property is located at 1899/1903 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Commercial building (Year Built 1931) on Victory Boulevard at 1899/1903; Two separate storefronts; Second‑floor 2‑bedroom apartment
