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Three-Unit Retail Shopping Center
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438 Port Richmond Ave, Staten Island, NY 10302

Fully occupied three-unit retail center with long leases, annual increases, and 25 deeded parking spots.

Property Size7,680 SF
Lot Size0.32 Acres
Days on Market150

Property Features for 438 Port Richmond Ave

General Information

Standard status Active
Size 7,680 SF
Class B
Total Parking Spaces 25
Lot size 0.32 Acres
Property subtype Retail
Zoning C81, R3A
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Capri Jet Realty Corp
Listed By: Theo Eastwind · License #NY 10301212398
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 4:06PM

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 Capri Jet Realty Corp

Investment Insights

Based on property information with market context.

This fully occupied three-unit retail shopping center offers a stable tenant lineup with long leases in place. The property is listed as Building Class B and includes 7,680 SF of gross leasable area on a 0.32 AC lot, with 25 deeded parking spots available for customers and tenants. Reported annual performance includes NET income of $246,000/year, with annual taxes of $44,190/year, and the leases include annual increases.

The property is located at 438 Port Richmond Ave, with zoning identified as C81 and R3A in the provided materials. For buyers and brokers, the center is also described as having NN leases.

With three retail units all currently leased, this asset is positioned for ongoing rental income within its retail corridor setting as described in the offering remarks.

Key Highlights

  • Fully occupied 3‑unit retail shopping center at 438 Port Richmond Ave, Staten Island, NY 10302
  • 7,680 SF gross leasable area with 100% occupancy and tenants on long leases
  • NN leases with annual increases (3.8% low rate assumable mortgage listed at $1,800,000)

Property Analytics

Current Use

Clean Rite Center (Bike/Boat/Book/etc) Store D&A Grocery, Deli, ... Cafe & Coffee Shop LibertyX Bitcoin ATM Atm Y NAIL & SPA Nail Salon Zaza smoker (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Accounting Firm Carpet & Flooring Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,017
Businesses Nearby
204k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Groceries 33% Dining 5% Electronics 4%
Stop & Shop Groceries
56,113 visits/mo 0.5 miles
Five Below Shops & Services
33,894 visits/mo 0.5 miles
PetSmart Shops & Services
25,715 visits/mo 0.4 miles
Mobil Shops & Services
15,733 visits/mo 0.1 miles
Key Food Groceries
11,136 visits/mo 0.2 miles

Demographics for 10302, NY

20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied three-unit retail center with long leases, annual increases, and 25 deeded parking spots.
Where is this shopping center located?
The property is located at 438 Port Richmond Ave Staten Island, NY.
What are key features of this property?
This property features: Fully occupied 3‑unit retail shopping center at 438 Port Richmond Ave, Staten Island, NY 10302; 7,680 SF gross leasable area with 100% occupancy and tenants on long leases; NN leases with annual increases (3.8% low rate assumable mortgage listed at $1,800,000)
(718) 388-2188 Call to check price and availability
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