78 Winham Ave Staten Island, NY 10306
- Retail properties
- 2,050 SF
Current Use by Public Records
- Wicked Florist / Florist
- By My Side K9 Training / Dog Trainer
- Wicked Florist NYC / Florist / Event Planner
- Hair About You / Beauty Salon
Property Details for 78 Winham Ave
- Year built
- 1960
- Property size
- 2,050 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property in Staten Island, NY presents a lucrative investment opportunity. Located at 78 Winham Ave, 10306, this 2-story, 2,050 square foot building sits on a sizable 4,524 square foot lot and is zoned R3-1. Built in 1960, the property boasts a 100% occupancy rate with four units: three residential apartments and one commercial space currently operating as a convenience store. The residential units comprise one fully renovated two-bedroom apartment and two one-bedroom apartments. All units feature separate hot water heating, with tenants responsible for their respective costs. The commercial space lease expires in May, transitioning to a month-to-month agreement thereafter. The asking price is $825,000, translating to $402.44 per square foot. The retail space offers the potential for expansion, with the possibility of combining it with one of the one-bedroom units to create a larger, duplex-style apartment. This property's strong cash flow, combined with its prime location and flexible layout, makes it an ideal addition to any investment portfolio. The property's Class C designation reflects its age and potential for future upgrades. Further details regarding rental income are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.1046
- Latitude
- 40.5651