Fully Leased Mixed-Use
2230 Victory Boulevard Staten Island, NY 10314
2230 Victory Boulevard, Staten Island, NY, 10314
Contact for pricing
For Sale
Contact for pricing
Turnkey property with retail and office spaces, excellent income.
Property Size4,809 SF
Price / SF$540.65
Days on Market826
Property Features for 2230 Victory Boulevard
General Information
- Standard status
- Active
- Size
- 4,809 SF
- Property subtype
- Land
Listing agency
Compass Realty Central
(917) 846-5795
Listed by
Rosemarie Rivicci · License #New York
Source
Crexi
Added: Apr 17, 2024 Updated: Jul 6 at 7:43AM Checked: Jul 21 at 5:38AM
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 Compass Realty Central
Investment Insights
Based on property information with market context.
This turnkey property, offered as a package deal with 2232, 2234 & 2236 Victory Blvd, is fully leased and includes 4 retail stores on the ground level and 4 offices on the second level. The property offers excellent income potential and features ample parking space for customers. It provides easy access to highways to New York and New Jersey. The zoning is R3-2 with a C1-1 overlay, and an architect can be consulted regarding expansion potential. The tenants are responsible for electric, gas, water bills, and all other maintenance expenses. The property size is 4809 square feet. Intended use of the property is for commercial purposes.
Key Highlights
- Fully leased turnkey property with excellent income.
- Includes 4 retail stores and 4 offices.
- Package deal with 2232, 2234 & 2236 Victory Blvd.
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 | $206.6k | $42.96 |
| − Vacancy | −$42.4k | −$8.81 |
| EGI | $164.2k | $34.15 |
| − OpEx | −$41.1k | −$8.54 |
| NOI | $123.2k | $25.61 |
4,809 SF · lease $42.96/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.76M
$1.54M – $2.05M
NOI $123,182 @ 7.0% cap · market cap 4.74%
Second Best
Mixed Use
$1.36M
$1.19M – $1.58M
NOI $94,930 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,622 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Silver Hanger 2 ...
(Bike/Boat/Book/etc) Store
Card Connection LLC
(Bike/Boat/Book/etc) Store
Andrew Vanore Tax ...
Tax Preparation
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Turnkey property with retail and office spaces, excellent income.
Where is this mixed-use property located?
The property is located at 2230 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully leased turnkey property with excellent income.; Includes 4 retail stores and 4 offices.; Package deal with 2232, 2234 & 2236 Victory Blvd.
