Renovated Two-Story Retail
956 Richmond Avenue Staten Island, NY 10314
956 Richmond Avenue, Staten Island, NY, 10314
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For Sale
Contact for pricing
Completely renovated two-story commercial space with 1,700 sq. ft. open first floor and 1,300 sq. ft. second level.
Property Size2,400 SF
Price / SF$416.25
Days on Market402
Property Features for 956 Richmond Avenue
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Business for Sale, Office, Retail, Industrial
Building Details
- Year Built
- 1975
Listing agency
NEUHAUS REALTY INC.
(732) 946-2911
Listed by
Gaetano Marasa · License #NY
Source
Crexi
Added: Jun 16, 2025 Updated: Jul 21 at 5:43PM Checked: Jul 21 at 5:43PM
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 NEUHAUS REALTY INC.
Investment Insights
Based on property information with market context.
Completely renovated two-story commercial space totaling about 3,000 sq. ft., configured with approximately 1,700 sq. ft. of open area on the first floor and an additional 1,300 sq. ft. on the second floor. The layout supports a range of retail and service uses where visibility and flexible floor planning are important.
Located at 956 Richmond Avenue, directly across from a busy shopping plaza, the property is positioned for strong walk-in exposure from surrounding retail activity. The building’s two-level configuration offers practical options for combining customer-facing space below with additional operating area upstairs.
The property is presented for sale and is described as adaptable for uses such as restaurant, nail salon, café, boutique, or professional office, depending on the user’s operating plan and requirements.
Located at 956 Richmond Avenue, directly across from a busy shopping plaza, the property is positioned for strong walk-in exposure from surrounding retail activity. The building’s two-level configuration offers practical options for combining customer-facing space below with additional operating area upstairs.
The property is presented for sale and is described as adaptable for uses such as restaurant, nail salon, café, boutique, or professional office, depending on the user’s operating plan and requirements.
Key Highlights
- Completely renovated two‑story commercial space with 3,000 sq. ft. total building area
- 1,700 sq. ft. open first‑floor space plus 1,300 sq. ft. second‑floor area
- Year built: 1975
Local Financial Insights For Office B
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 | $103.1k | $42.96 |
| − Vacancy | −$21.1k | −$8.81 |
| EGI | $82.0k | $34.15 |
| − OpEx | −$20.5k | −$8.54 |
| NOI | $61.5k | $25.61 |
2,400 SF · lease $42.96/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$878.2K
$768.5K – $1.02M
NOI $61,476 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$658.8K
$576.5K – $768.6K
NOI $46,116 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Completely renovated two-story commercial space with 1,700 sq. ft. open first floor and 1,300 sq. ft. second level.
Where is this retail space located?
The property is located at 956 Richmond Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Completely renovated two‑story commercial space with 3,000 sq. ft. total building area; 1,700 sq. ft. open first‑floor space plus 1,300 sq. ft. second‑floor area; Year built: 1975
