Lake Ave Staten Island, NY 10303
Manufacturing property with M3-1 lot available for sale.
Property Features for Lake Ave
General Information
- Standard status
- Active
- Size
- 2,312 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1920
Listing office RJM Realty Empire
Listing date Aug 23, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of RJM Realty Empire
Investment Insights
Based on property information with market context.
Key Highlights
- 12,921 SQFT M3‑1 Lot Available for Sale
- Manufacturing Property
- Flat Grounds Next to Railroad Tracks
Local Financial Insights For Industrial
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 | $55.5k | $24.00 |
| − Vacancy | −$3.3k | −$1.44 |
| EGI | $52.2k | $22.56 |
| − OpEx | −$15.6k | −$6.77 |
| NOI | $36.5k | $15.79 |
