Industrial
For Sale
Contact for pricing
28 DERICK CT, Staten Island, NY 10309
The property carries M3-1 zoning and was built in 2008.
Property Size19,000 SF
Price / SF$315.74
Days on Market164
Property Features for 28 DERICK CT
General Information
Standard status
Active
Size
19,000 SF
Property subtype
Industrial
Zoning
M3-1
Building Details
Year Built
2008
Stories
2
Units
1
Listing Agency:
RJM Realty Empire
Listed By:
Melsa Skrapalliu · License #NY
Source:
Crexi
Added: May 6
Changed: Oct 15
Last Checked: Oct 15 at 12:07AM
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 RJM Realty Empire
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Investment Insights
Based on property information with market context.
This warehouse property contains 19,000 square feet and was constructed in 2008. The asset is identified as industrial and carries M3-1 zoning.
Located at 28 Derick Ct in Staten Island, New York, the property is positioned within the 10309 ZIP code.
Located at 28 Derick Ct in Staten Island, New York, the property is positioned within the 10309 ZIP code.
Key Highlights
- 19,000 square feet of warehouse space
- M3‑1 zoning
- Constructed in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$402,910
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,058,200
$8.1M
Cap Rate 7%
$5,755,857
$5.8M
Cap Rate 9%
$4,476,778
$4.5M
Market Conditions
NOI Build-Up for 19,000 SF
Gross rent
$501.6K $26.40/SF
− Vacancy
−$27.6K −$1.45/SF
EGI
$474.0K $24.95/SF
− OpEx
−$71.1K −$3.74/SF
NOI
$402.9K $21.21/SF
Area
Staten Island, NY
Vacancy
5.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,058,200
Cap Rate 7%
$5,755,857
Cap Rate 9%
$4,476,778
Alternative Uses
Best Use
Warehouse
$5.76M
$5.04M – $6.72M
NOI $402,910 @ 7.0% cap · market cap 6.72%
Second Best
Industrial
$4.29M
$3.75M – $5.00M
NOI $300,048 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$9.07M
$7.93M – $10.58M
NOI $634,604 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
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- Zebra Storage Units — 388 Zebra Pl, Staten Island, NY 10309
Frequently Asked Questions
What type of property is this?
Warehouse - The property carries M3-1 zoning and was built in 2008.
Where is this warehouse located?
The property is located at 28 DERICK CT Staten Island, NY.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: 19,000 square feet of warehouse space; M3‑1 zoning; Constructed in 2008
