364 Decker Ave Staten Island, NY 10302-2231
- Office buildings
- 1,951 SF
- 0.10 lot acres
Jul 24, 2023
Current Use by Public Records
- Brooks Farris Bowe Insurance / Insurance Agency
- Mr. Appliance of Staten Island / Appliance Repair Service / Service Establishment
Property Details for 364 Decker Ave
- Year built
- 1930
- Lot size
- 0.10 lot acres
- Property size
- 1,951 SF
- Zone code
- R3-1
- Property type
- Office buildings
- APN
- 01065-0113
- APU
- 10650113
Description
This exceptional investment opportunity presents a four-unit commercial office building located at 364 Decker Avenue in Port Richmond, Staten Island, New York, 10302. The property boasts 1,500 square feet of office space spread across four units, making it an ideal investment for a passive income stream. Situated on a 4,366 square foot lot (37x118), the building enjoys a prime location just 100 feet from the busy Forest Avenue intersection, ensuring high visibility and accessibility. The building is in excellent condition and currently houses tenants, all of whom are responsible for their own heating and air conditioning costs, minimizing the owner's operational expenses. Ceiling heights range from 8 to 10 feet, providing ample space and a comfortable working environment. The property is well-suited for a variety of office uses, including contractors, electricians, and other professional services. All national tenants are welcome. The asking price for this turnkey investment property is $895,000. This represents a rare chance to acquire a well-maintained, easily managed commercial building in a thriving Staten Island location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $650,000
- ML approach
- $580,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $735,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $709,000
- AI Estimate
- $654,000
Market price range: $378k - $772kMarket price range: $168k - $941k
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Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.1416
- Latitude
- 40.6251
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA