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    530 Forest Ave Staten Island, NY 10310

    Sponsored
    For Lease
    $30 SF/Yr

    Prime Forest Ave location, 1600 sq ft, versatile space.

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,600 square foot retail space, located on Forest Avenue in Staten Island, presents a unique investment opportunity. Built in 1938, this two-story building offers a single-tenant occupancy, currently configured as a party room. The existing layout includes two bathrooms and a kitchen area suitable for light food storage, making it ideally suited for a venue or entertainment business. However, the space's versatility allows for a wide range of alternative uses, including office space or other commercial ventures. The property's prime Forest Avenue location ensures high visibility and accessibility, attracting significant foot traffic and potential clientele. The building's solid construction and established presence on a busy thoroughfare offer a stable foundation for a thriving business. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Staten Island location. The vacant space is ready for immediate occupancy, allowing for swift implementation of your business plans. Serious inquiries are encouraged to explore the potential of this remarkable property. Richmond County location provides access to a strong local market.

    Property Features for 530 Forest Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF

    Building Details

    Year Built
    1938
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    1,600 SF
    Rate per SF
    $30

    HighLights

    • 1,600 SF retail space in a single‑tenant building.
    • Located on prime Forest Avenue in Staten Island.
    • Features two bathrooms and a kitchen area.
    • Built in 1938, two‑story building.
    • Situated in Richmond County.
    Property Profile Location Intelligence

    Current Use by Public Records

    3 Guys Sushi Sushi Restaurant Zumba - Claudia's Dance ... Dance School Chabad of the North Shore Community Center

    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
    Richmond
    State
    New York
    Longitude
    -74.1078229
    Latitude
    40.6301282

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    FAQs

    What type of property is this?
    Retail property - Prime Forest Ave location, 1600 sq ft, versatile space.
    Where is this retail property located?
    The property is located at 530 Forest Ave Staten Island, NY.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 1,600 SF retail space in a single-tenant building.; Located on prime Forest Avenue in Staten Island.; Features two bathrooms and a kitchen area.
    Request Owner's contact information
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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
    530 Forest Ave Staten Island, NY 10310
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