Commercial Land with
For Sale
$990,000
3410 Richmond Terrace, Staten Island, NY 10303
Vacant commercial land with an existing warehouse/storage structure and regional transportation access.
Property Size1,366 SF
Price / SF$724.74
Days on Market96
Property Features for 3410 Richmond Terrace
General Information
Standard status
Active
Size
1,366 SF
Property subtype
Land
Listing Agency:
A P Services Inc
Listed By:
Aliaksei A. (Alex) Palaukou · License #AP8095
(347) 515-8272
Source:
Prideestates
Added: Jul 13
Changed: Oct 12
Last Checked: Oct 14 at 10:20PM
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
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Investment Insights
Based on property information with market context.
Located at 3410 Richmond Terrace in Staten Island, the property is a vacant commercial land offering with an approximately 8,362 SF lot. Improvements include an existing approximately 1,388 SF warehouse, storage, and house structure.
The site is positioned in the Arlington/Port Ivory area along the North Shore corridor, near major industrial, logistics, and waterfront redevelopment projects. Its location provides access to regional transportation networks and supports consideration by developers, contractors, owner-users, and investors.
The site is positioned in the Arlington/Port Ivory area along the North Shore corridor, near major industrial, logistics, and waterfront redevelopment projects. Its location provides access to regional transportation networks and supports consideration by developers, contractors, owner-users, and investors.
Key Highlights
- Approximately 8,362 SF lot along Staten Island’s North Shore corridor
- Existing approximately 1,388 SF warehouse/storage/house structure
- Delivered vacant at 3410 Richmond Terrace, Staten Island, NY 10303
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,967
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,340
$579.3K
Cap Rate 7%
$413,814
$413.8K
Cap Rate 9%
$321,856
$321.9K
Market Conditions
NOI Build-Up for 1,366 SF
Gross rent
$36.1K $26.40/SF
− Vacancy
−$2.0K −$1.45/SF
EGI
$34.1K $24.95/SF
− OpEx
−$5.1K −$3.74/SF
NOI
$29.0K $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%
$579,340
Cap Rate 7%
$413,814
Cap Rate 9%
$321,856
Alternative Uses
Best Use
Warehouse
$413.8K
$362.1K – $482.8K
NOI $28,967 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial land with an existing warehouse/storage structure and regional transportation access.
Where is this commercial land 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 along Staten Island’s North Shore corridor; Existing approximately 1,388 SF warehouse/storage/house structure; Delivered vacant at 3410 Richmond Terrace, Staten Island, NY 10303
