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Two-Unit Retail and Office Building

53 Broad Street Staten Island, NY 10304

53 Broad Street, Staten Island, NY, 10304
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For Sale
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Two-unit building with a bright ground-floor storefront and a two-floor office with a private bathroom.

Property Size2,064 SF
Price / SF$241.76
Days on Market172

Property Features for 53 Broad Street

General Information

Standard status
Active
Size
2,064 SF
Property subtype
Land

Building Details

Year Built
2014
Listing agency American Homes Group
Listed by Neil Grasso · License #10401230900
Source Crexi
Added: Jan 30 Updated: Jul 21 at 12:15AM Checked: Jul 21 at 9:37AM

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 American Homes Group


Investment Insights

Based on property information with market context.

This two-unit commercial building offers a bright, open storefront on the ground floor and a two-floor office on the second floor, including a private bathroom. The property is ready for immediate occupancy.

The building is located within the Broad Street shopping plaza, which includes a parking lot. The remarks also note proximity to Bay Street, the Staten Island Ferry, and the Verrazzano Bridge.

The neighboring building at 51 Broad Street is also listed for sale for the same price.

Key Highlights

  • 2‑unit commercial building built in 2014
  • Bright, open ground‑floor storefront space
  • Second‑floor office spans two floors with a private bathroom

Local Financial Insights For Mixed Use

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 $74.3k $36.00
− Vacancy −$7.4k −$3.60
EGI $66.9k $32.40
− OpEx −$25.1k −$12.15
NOI $41.8k $20.25
2,064 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Office B
$830.7K
$726.9K – $969.2K (±1% cap)
NOI $58,151 @ 7.0% cap · market cap 11.65%
Second Best
Mixed Use
$597.1K
$522.5K – $696.6K (±1% cap)
NOI $41,796 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$984.8K
$861.7K – $1.15M (±1% cap)
NOI $68,938 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Pathways to Graduation High School Historic Tappen Park ... Resort

Suggested Use

Real Estate Agency Law Firm Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Acupuncture Home Appliance Store Skin Care Clinic Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Two-unit building with a bright ground-floor storefront and a two-floor office with a private bathroom.
Where is this storefront property located?
The property is located at 53 Broad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2‑unit commercial building built in 2014; Bright, open ground‑floor storefront space; Second‑floor office spans two floors with a private bathroom
Contact an agent
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