Vacant Industrial Lot with
3410 Richmond Terrace Staten Island, NY 10303
3410 Richmond Terrace, Staten Island, NY, 10303
$990,000
For Sale
$990,000
Vacant lot with an existing small warehouse structure, suited for contractors and owner-users on Staten Island’s North Shore.
Property Size1,366 SF
Price / SF$724.74
Days on Market69
Property Features for 3410 Richmond Terrace
General Information
- Standard status
- Active
- Size
- 1,366 SF
- Property subtype
- Land
Building Details
- Year Built
- 1930
Listing agency
A P Services Inc
(347) 515-8272
Listed by
Aliaksei A. (Alex) Palaukou · License #ap8095
(347) 515-8272
Source
Compass
Added: May 15 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 8:21AM
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 A P Services Inc
Investment Insights
Based on property information with market context.
The property is being delivered vacant and includes an approximately 8,362 SF lot improved by an existing approximately 1,388 SF warehouse/storage/house structure. This is a compact, site-ready industrial holding that can support owner-use activity and offers a straightforward platform for development or redevelopment considerations.
Located along Staten Island’s North Shore corridor, the site is positioned in the Arlington/Port Ivory area. The offering notes excellent access to regional transportation networks, and it sits near major industrial, logistics, and waterfront redevelopment projects, placing it within a broader industrial and redevelopment context.
This asset is a practical fit for investors, developers, owner-users, and contractors looking for a manageable industrial parcel with existing improvements. With a warehouse/storage/house structure already on site, the property may support interim operational needs while decisions are made regarding longer-term use or redevelopment. As presented, it is designed for parties seeking a small-scale industrial acquisition with the option to adapt the property to their specific business requirements.
Located along Staten Island’s North Shore corridor, the site is positioned in the Arlington/Port Ivory area. The offering notes excellent access to regional transportation networks, and it sits near major industrial, logistics, and waterfront redevelopment projects, placing it within a broader industrial and redevelopment context.
This asset is a practical fit for investors, developers, owner-users, and contractors looking for a manageable industrial parcel with existing improvements. With a warehouse/storage/house structure already on site, the property may support interim operational needs while decisions are made regarding longer-term use or redevelopment. As presented, it is designed for parties seeking a small-scale industrial acquisition with the option to adapt the property to their specific business requirements.
Key Highlights
- Approximately 8,362 SF lot on Staten Island’s North Shore corridor (3410 Richmond Terrace)
- Existing approximately 1,388 SF warehouse/storage/house structure on site
- Vacant property with potential for investors, developers, owner‑users, or contractors
Local Financial Insights For Warehouse
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 | $36.1k | $26.40 |
| − Vacancy | −$2.0k | −$1.45 |
| EGI | $34.1k | $24.95 |
| − OpEx | −$5.1k | −$3.74 |
| NOI | $29.0k | $21.21 |
1,366 SF · lease $26.40/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$413.8K
$362.1K – $482.8K
NOI $28,967 @ 7.0% cap · market cap 2.93%
Second Best
Industrial
$308.2K
$269.7K – $359.5K
NOI $21,572 @ 7.0% cap · market cap 2.18%
Theoretical Best
Office A
$651.8K
$570.3K – $760.4K
NOI $45,625 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cue Trax Studios
Recording Studio
Similar For Sale Nearby
Similar Off Market Nearby
- Staten Island Distribution Center — 400 Western Ave, Staten Island, NY 10303
- Near-By Self Storage Units — 281 south ave, staten island, ny 10303
- Self Storage — 35 Journeay St, Staten Island, NY 10303
- CubeSmart Self Storage — 3131 Richmond Ter, Staten Island, NY 10303
FAQs
What type of property is this?
Warehouse - Vacant lot with an existing small warehouse structure, suited for contractors and owner-users on Staten Island’s North Shore.
Where is this warehouse located?
The property is located at 3410 Richmond Terrace Staten Island, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Approximately 8,362 SF lot on Staten Island’s North Shore corridor (3410 Richmond Terrace); Existing approximately 1,388 SF warehouse/storage/house structure on site; Vacant property with potential for investors, developers, owner‑users, or contractors
