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    776 Richmond Ter Staten Island, NY 10301

    Sponsored
    For Lease
    $29 SF/Yr ($2,900 /Mo)

    Prime Staten Island Retail/Office Opportunity

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,200 square foot retail and office space, located at 776 Richmond Terrace on Staten Island, presents a unique investment opportunity. The single-tenant building, constructed in 1880, features two stories with 8-10 foot ceilings (and other ceiling heights). The property sits on a 2,544 square foot lot and offers an open layout ideal for a variety of uses. Benefiting from approximately 24 feet of frontage on Richmond Terrace, between Clinton and Lafayette Avenues, this location provides excellent visibility and accessibility. The M1-1 zoning allows for diverse business applications. Adding to its appeal, the property includes a basement and a backyard, offering additional storage or expansion potential. Its convenient location ensures proximity to shopping and public transportation, enhancing its attractiveness to both businesses and customers. This is a rare chance to acquire a well-situated, historic building with significant potential in a thriving Staten Island neighborhood. The property's size and features make it suitable for a range of businesses seeking a prominent location with ample space.

    Property Features for 776 Richmond Ter

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF
    Total Rate
    2900

    Building Details

    Year Built
    1880
    Stories
    2

    Unit(s) available at that property

    Space
    776 Richmond Terrace
    Size
    1,200 SF
    Rate per SF
    $28

    HighLights

    • Retail and office space totaling 1,200 square feet.
    • Single‑tenant occupancy.
    • 1,200 square foot building on a 2,544 square foot lot.
    • Built in 1880, two stories with 8‑10 foot ceilings.
    • Located in Staten Island, zoned M1‑1, with 24 feet of frontage on Richmond Terrace.
    Property Profile Location Intelligence

    Current Use by Public Records

    Art On The Terrace Art Gallery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Staten Island
    State
    New York
    Longitude
    -74.0980955
    Latitude
    40.6445043

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Staten Island Retail/Office Opportunity
    Where is this office property / space located?
    The property is located at 776 Richmond Ter Staten Island, NY.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Retail and office space totaling 1,200 square feet.; Single-tenant occupancy.; 1,200 square foot building on a 2,544 square foot lot.
    Request Owner's contact information
    776 Richmond Ter Staten Island, NY 10301
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    Staten Island, NY 10301
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    Realmo Value Estimation

    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.

    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.

    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
    776 Richmond Ter Staten Island, NY 10301
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