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    OFF-MARKET
    Retail properties & Spaces

    4114 Victory Blvd Blvd, Brooklyn, NY 10314

    Property ID
    Property summary
    AI-generated overview

    This exceptional Staten Island commercial property, located at 4114 Victory Blvd in the Travis-Chelsea neighborhood (zip code 10314), presents a compelling value-add investment opportunity. The building, situated on a 5,000 square foot lot (50ft x 100ft), features three commercial storefronts totaling 2,200 square feet. One storefront is currently leased, generating immediate income. The remaining two storefronts offer significant potential for lease growth. The property benefits from ample on-site parking accommodating over ten vehicles, a valuable asset for tenants and customers. Zoned R3A and C2-1, this mixed-use building allows for diverse occupancy options. Its prime location near Exit 7 of the West Shore Expressway and the Showplace Entertainment Center ensures high visibility and convenient access. The property boasts an 8.97% cap rate and a net operating income (NOI) of $107,591. The asking price is $1,200,000. Owner financing may be considered for qualified buyers. This is a rare opportunity to acquire a well-located, income-producing commercial property with substantial upside potential. The building has one unit in one building. The ceiling height is noted as "Other". The lease expiration date is January 1st, 2000, with no current lease term.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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