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    2040 Forest Ave Staten Island, NY 10303

    Sponsored
    For Lease
    Contact for pricing

    Prime Staten Island retail space, multiple units available.

    Lot size:
    165,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Forest Commons, located at 2040 Forest Avenue in Staten Island, New York (zip code 10303), offers exceptional retail opportunities. This 165,060 square foot shopping center sits on an 11.2-acre lot and boasts 583 parking spaces, ensuring ample convenience for customers. The property is strategically positioned on a major east/west retail corridor in the northwestern quadrant of Staten Island, conveniently serving the neighborhoods north of the Staten Island Expressway (I-278). Currently, there are multiple retail spaces available, ranging from a minimum of 3,604 square feet to a maximum contiguous space of 4,072 square feet. A total of 11,349 square feet is currently vacant. Forest Commons is a thriving community center anchored by a Western Beef grocery store and complemented by a diverse mix of established tenants including Planet Fitness, Dollar Tree, Snipes, and Advance Auto Parts. This prime location and strong tenant mix provide a stable and attractive investment opportunity for businesses seeking high visibility and foot traffic in a densely populated area of Staten Island. The property is situated in Richmond County, New York.

    Property Features for 2040 Forest Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    165,060 SF

    Unit(s) available at that property

    Space
    Suite 7
    Size
    3,604 SF
    Space
    Suite 9
    Size
    4,072 SF
    Space
    Suite 20
    Size
    3,673 SF

    HighLights

    • Ample parking with a 3.53:1,000 SF ratio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Furniture Zone Furniture Store Tinger Kimberly C ... Dentist Dr. Shaheen R. ... Doctor D|| Clothing Store Marshall Steven Skopp Dentist

    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
    -74.1569342
    Latitude
    40.6248182

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    FAQs

    What type of property is this?
    Retail property - Prime Staten Island retail space, multiple units available.
    Where is this retail property located?
    The property is located at 2040 Forest Ave Staten Island, NY.
    What are key features of this property?
    This property features: Ample parking with a 3.53:1,000 SF ratio.; ;
    Request Owner's contact information
    2040 Forest Ave Staten Island, NY 10303
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    Staten Island, NY 10303
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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
    2040 Forest Ave Staten Island, NY 10303
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