Mixed-Use
For Sale
$2,388,000
360 Targee Street, Staten Island, NY 10304
The building is occupied by pizzeria, restaurant, and office uses, with on-site parking and a garage.
Property Size4,750 SF
Price / SF$502.74
Days on Market81
Property Features for 360 Targee Street
General Information
Standard status
Active
Size
4,750 SF
Property subtype
Commercial
Zoning
R3A
Additional Details
Tenant in Place
Yes
Property Use
Mixed Commercial
Taxes and HOA fees
Annual Taxes
$25,977
Building Details
Building Size
4,750 SF
Year Built
1958
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Elite
(718) 500-3077
Listed By:
Joseph Madaio · License #6.28E+13
(347) 392-7487
Source:
Croninreale
Added: Aug 7
Changed: Oct 26
Last Checked: Oct 26 at 3:57AM
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 RE/MAX Elite
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use commercial building at 360 Targee Street in Staten Island was built in 1958 and is zoned R3A. Current uses include a pizzeria, a restaurant, and a large office. The property also has an approximately 7,000-square-foot parking lot with a garage.
Key Highlights
- Approximately 7,000‑square‑foot parking lot with garage
- Current uses include a pizzeria, restaurant, and large office
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,827
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,676,540
$2.7M
Cap Rate 7%
$1,911,814
$1.9M
Cap Rate 9%
$1,486,967
$1.5M
Market Conditions
NOI Build-Up for 4,750 SF
Gross rent
$220.0K $46.32/SF
− Vacancy
−$41.6K −$8.75/SF
EGI
$178.4K $37.57/SF
− OpEx
−$44.6K −$9.39/SF
NOI
$133.8K $28.17/SF
Area
ZIP 10304
Vacancy
18.90%
Lease Rate
$46.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,676,540
Cap Rate 7%
$1,911,814
Cap Rate 9%
$1,486,967
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,827 @ 7.0% cap · market cap 5.60%
Second Best
Specialty Retail
$1.47M
$1.29M – $1.71M
NOI $102,814 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$2.27M
$1.98M – $2.64M
NOI $158,651 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,139
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building is occupied by pizzeria, restaurant, and office uses, with on-site parking and a garage.
Where is this mixed-use property located?
The property is located at 360 Targee Street Staten Island, NY.
What is the asking price?
The asking price for this property is $2,388,000.
What are key features of this property?
This property features: Approximately 7,000‑square‑foot parking lot with garage; Current uses include a pizzeria, restaurant, and large office; Built in 1958
