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Mixed-Use Buildings with Retail/Office
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1972 Richmond Terrace, Staten Island, NY 10302

Two mixed-use buildings offer nine residential units with flexible first-floor retail or office occupancy.

Property SizeContact for details
Days on Market121

Property Features for 1972 Richmond Terrace

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Office

Additional Details

Multifamily Units 9
Listing Agency: casandra properties
Listed By: Casandra Zappala · License #NY 31ZA0818722
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 6:37PM

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 casandra properties

Investment Insights

Based on property information with market context.

This offering features two mixed-use buildings totaling nine residential units, with first-floor space that can be occupied as either retail or office. The property has been owner occupied for over 20 years and has consistently produced income during that period.

Located at 1972 Richmond Terrace in Staten Island, the buildings provide a straightforward live-and-work configuration with commercial space on the ground level and residential units above. The combined setup supports a variety of ownership strategies, including occupying the first floor while generating income from the residential units.

For sale opportunity includes both buildings as a single package, with current configuration allowing buyers to position the ground-floor space for either retail operations or office use.

Key Highlights

  • Two mixed‑use buildings on Richmond Terrace
  • Total of 9 residential units plus flexible 1st‑floor retail or office space
  • Both buildings have been owner‑occupied for over 20 years

Property Analytics

Current Use

Term Insurance Co Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 10302, NY

20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two mixed-use buildings offer nine residential units with flexible first-floor retail or office occupancy.
Where is this mixed-use property located?
The property is located at 1972 Richmond Terrace Staten Island, NY.
What are key features of this property?
This property features: Two mixed‑use buildings on Richmond Terrace; Total of 9 residential units plus flexible 1st‑floor retail or office space; Both buildings have been owner‑occupied for over 20 years
More about this property
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