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Vacant Commercial Land with Warehouse
For Sale
$990,000

3410 Richmond Terrace lot 4, Staten Island, NY 10303

Land, Staten Island, NY

Property Size1,366 SF
Lot Size0.19 Acres
Price / SF$724.74
Days on Market127

Property Features for 3410 Richmond Terrace lot 4

General Information

Property type Land
Property subtype Other
Zoning R3-2
Subdivision Mariners Harbor
Standard status Active
Size 1,366 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 7124

Building Details

Year built 1930
Floors in Building 1
Listing Agency: A P Services Inc
Listed By: Aliaksei A. (Alex) Palaukou · License #AP8095
Added: Jun 3 Changed: Sep 12 Last Checked: Oct 7 at 1:06AM
MLS# 501981

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 8,362-square-foot commercial land parcel is delivered vacant and includes an existing approximately 1,388-square-foot warehouse, storage, and house structure. The improvements were built in 1930, and the property carries R3-2 zoning.

Located at 3410 Richmond Terrace in Staten Island’s Arlington/Port Ivory area, the site is positioned near industrial, logistics, and waterfront redevelopment projects. The property may also be acquired with the adjacent lot at 10 Holland Ave, which measures 50 by 117 feet and adds 5,850 square feet.

Key Highlights

  • Approximately 8,362 SF commercial land parcel
  • Existing approximately 1,388 SF warehouse/storage/house structure
  • R3‑2 zoning

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 (±1% cap)
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 (±1% cap)
NOI $45,625 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cue Trax Studios Recording Studio

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant site with an existing warehouse/storage structure and R3-2 zoning.
Where is this commercial land located?
The property is located at 3410 Richmond Terrace lot 4 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 commercial land parcel; Existing approximately 1,388 SF warehouse/storage/house structure; R3‑2 zoning
More about this property
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