120 Victory Blvd Staten Island, NY 10301
- Office Properties & Spaces
- 10,700 SF
Current Use by Public Records
- Georgina Pecoraro / Speech Pathologist
- Exceptional Creations / Store
- nsn / Baby Store
Property Details for 120 Victory Blvd
- Year built
- 1939
- Property size
- 10,700 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This vacant, 10,700 square foot office building, situated on a 15,000 square foot lot in Staten Island's Tompkinsville district, presents a unique investment opportunity. Built in 1939, this two-story, Class C property boasts a prime location on Victory Boulevard, offering high visibility and accessibility. The building is currently configured as a creative, medical, or traditional office space, but its C2-1 zoning allows for diverse development options. With a current FAR of 0.71 and a maximum potential FAR of 2, there's significant room for expansion or redevelopment, up to a maximum usable floor area of 18,750 square feet. The asking price is $2,350,000, translating to $219.63 per square foot. This historic building, with its rich history and untapped potential, offers a compelling opportunity for investors seeking a high-return project in a desirable location. The property's substantial lot size provides ample space for outdoor amenities or future development. The building's location across from Brook Street, near the historic Victory Theatre, adds to its unique character and appeal. This is more than just a building
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.0806
- Latitude
- 40.6373
