Storefront Retail Space with Two
For Sale
$399,900
52 Van Duzer St, Staten Island, NY 10301
Well-maintained storefront on a high-traffic street, adaptable as one large tenant space or two units.
Property Size966 SF
Days on Market49
Property Features for 52 Van Duzer St
General Information
Standard status
Active
Size
966 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,090
Building Details
Building Size
966 SF
Year Built
1931
Listing Agency:
Womcore LLC dba Remax Edge
Listed By:
Allan H. Zhu · License #AHZ7089
(718) 612-3088
Source:
Elliman
Added: Jul 17
Changed: Aug 25
Last Checked: Sep 1 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 Womcore LLC dba Remax Edge
Investment Insights
Based on property information with market context.
This well-maintained commercial storefront offers flexibility for either a single large user or subdivision into two separate units. The configuration supports straightforward leasing for tenants seeking retail storefront space with potential for separate occupancy.
The property is located at 52 Van Duzer St in Staten Island, NY, on a high-traffic street. Area walkability and transit accessibility are reflected in Walk Score of 93 and Transit Score of 65, with Bike Score of 67, indicating strong day-to-day connectivity for customers and staff.
If you’re looking for a retail space that can function as one cohesive storefront or be separated into two units, this property provides a practical option in a high-visibility setting.
The property is located at 52 Van Duzer St in Staten Island, NY, on a high-traffic street. Area walkability and transit accessibility are reflected in Walk Score of 93 and Transit Score of 65, with Bike Score of 67, indicating strong day-to-day connectivity for customers and staff.
If you’re looking for a retail space that can function as one cohesive storefront or be separated into two units, this property provides a practical option in a high-visibility setting.
Key Highlights
- 1931‑built commercial space on a high‑traffic street
- Adaptable layout for one large storefront or subdivision into 2 units
- Well‑maintained commercial storefront space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,789
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,780
$415.8K
Cap Rate 7%
$296,986
$297.0K
Cap Rate 9%
$230,989
$231.0K
Market Conditions
NOI Build-Up for 966 SF
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.
Gross rent
$32.5K $33.60/SF
− Vacancy
−$2.8K −$2.86/SF
EGI
$29.7K $30.74/SF
− OpEx
−$8.9K −$9.22/SF
NOI
$20.8K $21.52/SF
Area
Staten Island, NY
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,780
Cap Rate 7%
$296,986
Cap Rate 9%
$230,989
Alternative Uses
Best Use
Retail
$297.0K
$259.9K – $346.5K
NOI $20,789 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.9K
$403.3K – $537.8K
NOI $32,265 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,765
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 30%
Groceries 25%
Shops & Services 23%
Dining 19%
Western Beef
Groceries
24,234 visits/mo
0.4 miles
Nike Factory Store
Apparel
22,796 visits/mo
0.4 miles
H&M
Apparel
20,560 visits/mo
0.5 miles
Wendy's
Dining
17,889 visits/mo
0.2 miles
Mobil
Shops & Services
12,694 visits/mo
0.1 miles
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Well-maintained storefront on a high-traffic street, adaptable as one large tenant space or two units.
Where is this storefront property located?
The property is located at 52 Van Duzer St Staten Island, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1931‑built commercial space on a high‑traffic street; Adaptable layout for one large storefront or subdivision into 2 units; Well‑maintained commercial storefront space
