Staten Island Commercial Building For
For Sale
$3,950,000
526 Richmond Terrace, Staten Island, NY 10301
COMMERCIAL - Staten Island, NY
Property Size11,250 SF
Lot Size0.25 Acres
Price / SF$351.11
Days on Market331
Property Features for 526 Richmond Terrace
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M3-1
Subdivision
New Brighton
Standard status
Active
Size
11,250 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
28572
Building Details
Year built
2001
Floors in Building
2
Number of units
1
Flooring type
Granite, Concrete
Building materials
Block, Steel
Roof type
Flat
Listing Agency:
DiTommaso Real Estate
(718) 667-8000
Listed By:
Valerie F. Bartolone
(718) 667-8000
Added: Sep 5, 2025
Changed: May 14
Last Checked: Aug 1 at 2:06PM
MLS# 495531
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 commercial building is located near downtown St George on a high traffic main road. The building is suitable for contractors, fabricators, or manufacturing users seeking a professional headquarters. The first floor offers 5,000 square feet, including a 3,600-square-foot warehouse portion and a 1,400-square-foot retail portion, along with one bathroom and a kitchenette. A 14-foot high roll-up garage door is present, and parking is available for 8 cars. The backyard is enclosed. The property features high 20-foot ceilings that can be divided, and large windows with harbor views. A private marble lobby with an elevator provides access to the second floor. The second floor provides 5,000 square feet of sub-dividable space, 20-foot high ceilings, and 4 handicap bathrooms. The building has 1000 amps of electrical service and M3-1 zoning. The lot size is 0.2502 acres. The building is located near transportation.
Key Highlights
- Located on a high‑traffic main road near downtown St. George, offering excellent visibility and accessibility
- M3‑1 zoning suitable for contractors, fabricators, or manufacturing users
- Building features a total of 10,000 sq ft (5,000 sq ft per floor), with a 3,600 sq ft warehouse and 1,400 sq ft retail space on the first floor
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $378.0k | $33.60 |
| − Vacancy | −$32.1k | −$2.86 |
| EGI | $345.9k | $30.74 |
| − OpEx | −$103.8k | −$9.22 |
| NOI | $242.1k | $21.52 |
11,250 SF · lease $33.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.46M
$3.03M – $4.04M
NOI $242,109 @ 7.0% cap · market cap 6.13%
Second Best
Warehouse
$3.41M
$2.98M – $3.98M
NOI $238,565 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$5.37M
$4.70M – $6.26M
NOI $375,753 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Commercial building near downtown St George with high traffic exposure.
Where is this manufacturing property located?
The property is located at 526 Richmond Terrace Staten Island, NY.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Located on a high‑traffic main road near downtown St. George, offering excellent visibility and accessibility; M3‑1 zoning suitable for contractors, fabricators, or manufacturing users; Building features a total of 10,000 sq ft (5,000 sq ft per floor), with a **3,600 sq ft warehouse and 1,400 sq ft retail space on the first floor**
