Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Florist
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Animal Training
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Event Planning Wedding Service
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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