Property profile

78 Winham Ave Staten Island, NY 10306

OFF-MARKET
Retail properties & Spaces
2,050 SF Built 1960
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist
  • Animal Training
  • Event Planning Wedding Service
  • Hair Salon Nail Salon

Location

78 Winham Ave Staten Island, NY 10306
Staten Island metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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