Freestanding Retail Shopping
2220 FOREST AVE Staten Island, NY 10303
2220 FOREST AVE, Staten Island, NY, 10303
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For Sale
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Harbor Plaza is a freestanding retail center with multiple tenants and ample on-site parking.
Property Size23,974 SF
Price / SF$542.25
Days on Market100
Property Features for 2220 FOREST AVE
General Information
- Standard status
- Active
- Size
- 23,974 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
American Investment Properties
(516) 393-2300
Listed by
Ron Koenigsberg CCIM · License #NY 31K00933350
Source
Crexi
Added: Apr 13 Updated: Jul 21 at 7:04AM Checked: Jul 21 at 7:04AM
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 American Investment Properties
Investment Insights
Based on property information with market context.
Harbor Plaza Shopping Center is a freestanding retail center featuring several tenants. The building was constructed in 2003 and offers ample on-site parking for customers and visitors.
The property is located at 2220 Forest Ave, Staten Island, NY, and is positioned across from other major retailers including Lowe’s and Kohl’s.
As a retail shopping center asset, it is suitable for buyers seeking an income-producing commercial property within an established retail environment with convenient parking and a built-in tenant mix.
The property is located at 2220 Forest Ave, Staten Island, NY, and is positioned across from other major retailers including Lowe’s and Kohl’s.
As a retail shopping center asset, it is suitable for buyers seeking an income-producing commercial property within an established retail environment with convenient parking and a built-in tenant mix.
Key Highlights
- Harbor Plaza Shopping Center at 2220 Forest Ave, Staten Island, NY, is a freestanding retail center with multiple tenants
- Built in 2003
- Ample on‑site parking
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 | $805.5k | $33.60 |
| − Vacancy | −$68.5k | −$2.86 |
| EGI | $737.1k | $30.74 |
| − OpEx | −$221.1k | −$9.22 |
| NOI | $515.9k | $21.52 |
23,974 SF · lease $33.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.37M
$6.45M – $8.60M
NOI $515,940 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.44M
$10.01M – $13.35M
NOI $800,737 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
J and B Pizzeria ...
Restaurant
Liberty Tax
Accounting Firm
World Of Liquor
(Bike/Boat/Book/etc) Store
Metro by T-Mobile
Mobile Phone Store
Nail Essence
Nail Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Forest Commons — 2060 Forest Ave, Staten Island, NY 10303
- ShopRite — 985 richmond ave, staten island, ny 10314
- Forest Promenade Shopping Plaza — 965 Richmond Ave, Staten Island, NY 10314
- Roman Plaza — 2343 Forest Ave, Staten Island, NY 10303
- WALDMAN PLAZA — 2324 Forest, Forest Ave, Staten Island, NY 10303
FAQs
What type of property is this?
Shopping center - Harbor Plaza is a freestanding retail center with multiple tenants and ample on-site parking.
Where is this shopping center located?
The property is located at 2220 FOREST AVE Staten Island, NY.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Harbor Plaza Shopping Center at 2220 Forest Ave, Staten Island, NY, is a freestanding retail center with multiple tenants; Built in 2003; Ample on‑site parking
