Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    217 Main St Staten Island, NY 10307

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    20,280 SF Retail Space, New Construction

    Lot size:
    20,280 SF

    Property Features for 217 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,280 SF

    Building Details

    Year Built
    2024
    Buildings
    1

    Spaces For Lease

    at 217 Main St, Staten Island, NY 10307 Contact us

    We can help!

    Listing Contact
    Melsa Skrapalliu
    Melsa Skrapalliu

    Listing Agency: RJM Realty Empire Listing Agent: Melsa Skrapalliu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 20,280-square-foot retail property at 217 Main St is a brand-new, single-tenant building constructed in 2024. The building features a unique steel structure and boasts high-quality construction. The property sits on a 21,840-square-foot lot and includes 25 parking spaces. Currently, the entire 20,280 square feet is vacant and available for lease. However, the building also offers a flexible layout with three separate commercial spaces totaling 8,400 square feet already subdivided. These spaces are individually sized at 1,100, 700, and 6,600 square feet, offering various options for potential tenants. The property is zoned C2-1, allowing for a wide range of uses, including retail, medical, and academic centers. In addition to the commercial space, the building also includes 11 luxury residential rental apartments. The property is eligible for the Commercial Abatement Program (ICAP), offering potential tax benefits. This prime location presents a unique opportunity for a variety of businesses seeking a modern, high-quality space in a desirable area. The APN is 08047-0035.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Remi Studio (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.2443436
    Latitude
    40.5070853

    Nearby Similar for Lease

    • $7,987 /Mo
      82,528 SF

      Class A Office Suite Available

      Impressive office suite in thriving Staten Island corporate corridor.
      201 Edward Curry Ave, Staten Island, NY 10314
      View Details
    • $3,500 /Mo
      1,100 SF

      Staten Island Ground Level Office

      Professional office space with high visibility and ample parking.
      2131 Richmond Rd, Staten Island, NY 10306
      View Details
    • $3,500 /Mo

      Staten Island Office Space Available

      Professional office space with high visibility and ample parking.
      2131 Richmond Rd, Staten Island, NY 10306
      View Details
    • $3,000 /Mo
      800 SF

      Retail Space on Victory Boulevard

      Renovated retail spaces available on a busy commercial strip.
      1890-1898 Victory Blvd, Staten Island, NY 10314
      View Details
    • $3,250 /Mo
      1,200 SF

      Medical Office on Richmond Avenue

      Turn-key medical office in Staten Island's doctor's row.
      3767 Richmond Ave, Staten Island, NY 10312
      View Details
    • $5,000 /Mo
      2,000 SF

      Hylan Boulevard Office Space Available

      Prime Staten Island office space suitable for medical or professional use.
      2691 Hylan Blvd, Staten Island, NY 10306
      View Details
    • $4,500 /Mo
      2,000 SF

      Hylan Boulevard Office Space

      Renovated office space suitable for professional or medical use.
      2691 Hylan Blvd, Staten Island, NY 10306
      View Details
    • $2,500 /Mo
      920 SF

      Staten Island Retail Space Available

      Vacant commercial space with high foot traffic and visibility.
      172 South Ave, Staten Island, NY 10303
      View Details
    • $5,000 /Mo
      2,500 SF

      Staten Island Office Space Available

      2500 SF office space in a commercial building for lease.
      1655 Richmond Ave, Staten Island, NY 10314
      View Details
    • $4,000 /Mo
      7,700 SF

      Medical/Professional Office Space Available

      Well-maintained 1200 sq ft medical/professional office space for rent.
      310 Richmond Hill Rd, Staten Island, NY 10314
      View Details
    • $7,500 /Mo
      5,250 SF

      Staten Island Commercial Property For Lease

      Two-level commercial property in St. George near courthouse and ferry.
      61 Central Ave, Staten Island, NY 10301
      View Details
    • $4,750 /Mo
      2,308 SF

      Todt Hill Medical Center Space

      Medical office space for lease in accessible Staten Island location.
      78 Todt Hill Rd, Staten Island, NY 10314
      View Details

    FAQs

    What type of property is this?
    Retail property - 20,280 SF Retail Space, New Construction
    Where is this retail property located?
    The property is located at 217 Main St Staten Island, NY.
    What are key features of this property?
    This property features: 20,280 square foot retail building on a 21,840 square foot lot.; Single-tenant occupancy.; Brand new construction (2024).
    Request Owner's contact information
    217 Main St Staten Island, NY 10307
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 Main St
    Staten Island, NY 10307
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    217 Main St Staten Island, NY 10307
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Melsa Skrapalliu
    Melsa Skrapalliu
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!