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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1116 Targee St Staten Island, NY 10304

14,000 SF
Property ID
Property summary
AI-generated overview

This exceptional Staten Island commercial property, located at 1116-1120 Targee St and 20 Columbus Avenue, presents a unique investment opportunity. The 14,000 square foot space is comprised of three buildings, each single-story, totaling three units. The property boasts a versatile layout ideal for various uses, including retail, warehouse, and office space. Specifically, the space includes 3,160 square feet of retail space, 8,300 square feet of warehouse space, and 2,000 square feet of office space. A significant advantage is the inclusion of a 960 square foot drive-in freezer, complemented by two sets of overhead doors, enhancing logistical efficiency. The property is offered at $3,895,000 and includes all existing fixtures, such as forklifts and refrigeration units. This established location, minutes from the Verrazzano Bridge, offers unparalleled access to major transportation routes, making it an attractive proposition for businesses seeking a strategic foothold in a thriving market. The property is available for occupancy on July 1, 2024. This is a rare opportunity to acquire a well-established commercial property with significant potential for growth and expansion. The property's history as a successful food and paper supply wholesaler for nearly a century speaks to its enduring appeal and strong location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bifulco’s Pickle Works Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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