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    1116 Targee St Staten Island, NY 10304
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    Property profile & analytics

    1116 Targee St, Staten Island, NY 10304

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    • Retail properties & Spaces
    • 14,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bifulco’s Pickle Works / Big Box & Wholesale Store

    Property Details for 1116 Targee St

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.0917
    Latitude
    40.6007
    More about this property
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