Fully Leased Mixed-Use
For Sale
Contact for pricing
Pending
2230 Victory Boulevard, Staten Island, NY 10314
Turnkey property with retail and office spaces, excellent income.
Property Size4,809 SF
Days on Market917
Property Features for 2230 Victory Boulevard
General Information
Standard status
Pending
Size
4,809 SF
Property subtype
Land
Building Details
Stories
2
Units
8
Listing Agency:
Compass Realty Central
Listed By:
Rosemarie Rivicci · License #New York
(917) 846-5795
Source:
Crexi
Added: Apr 17, 2024
Changed: Oct 15
Last Checked: Oct 19 at 6:00AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,930
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,898,600
$1.9M
Cap Rate 7%
$1,356,143
$1.4M
Cap Rate 9%
$1,054,778
$1.1M
Market Conditions
NOI Build-Up for 4,809 SF
Gross rent
$161.6K $33.60/SF
− Vacancy
−$9.7K −$2.02/SF
EGI
$151.9K $31.58/SF
− OpEx
−$57.0K −$11.84/SF
NOI
$94.9K $19.74/SF
Area
ZIP 10314
Vacancy
6.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,898,600
Cap Rate 7%
$1,356,143
Cap Rate 9%
$1,054,778
Alternative Uses
Best Use
Mixed Use
$1.36M
$1.19M – $1.58M
NOI $94,930 @ 7.0% cap · market cap 3.65%
Second Best
Retail
$1.32M
$1.16M – $1.54M
NOI $92,405 @ 7.0% cap · market cap 3.55%
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Hotels & Casinos 1%
Mobil
Shops & Services
19,657 visits/mo
0.4 miles
Starbucks
Dining
19,274 visits/mo
0.4 miles
BP
Shops & Services
17,152 visits/mo
0.4 miles
Burger King
Dining
16,775 visits/mo
0.5 miles
7-Eleven
Shops & Services
16,173 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
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.
