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    OFF-MARKET
    Retail properties & Spaces

    78 Winham Ave, Staten Island, NY 10306

    2,050 SF Built 1960
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 2,050 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
    • Wicked Florist (Bike/Boat/Book/etc) Store Florist
    • By My Side K9 Training Animal Training
    • Wicked Florist NYC Event Planning Wedding Service
    • Hair About You Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    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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