1547 Arthur Kill Rd Staten Island, NY 10312

Property Details for 1547 Arthur Kill Rd

Year built

1981

Property size

17,360 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 17,360-square-foot shopping center, located at 1547 Arthur Kill Road in Staten Island, New York, presents a compelling investment opportunity. Built in 1981, the property sits on a substantial 97,851 square feet of M1-1 zoned land, offering significant potential for expansion or redevelopment. Currently housing ten storefronts, the center boasts a diverse tenant mix including food and beverage, service, and office spaces. The property includes a parking lot with 23 spaces, exceeding zoning requirements and accommodating over 80 vehicles. The asking price is $7,300,000. This prime location on a busy section of Arthur Kill Road (zip code 10312) ensures high visibility and accessibility for businesses and customers. The property's significant size and existing infrastructure provide a solid foundation for future growth and profitability. Noteworthy is the substantial amount of unused floor area (approximately eighty thousand square feet) offering considerable expansion potential. This presents a rare opportunity to acquire a well-established retail center with significant upside in a desirable Staten Island location. The property's strong tenant base and ample parking further enhance its appeal to investors seeking a stable and potentially high-return investment.

Location Insight

City

Staten Island

County

Richmond

State

New York

Longitude

-74.1917

Latitude

40.5633