120 Victory Blvd, Staten Island, NY 10301
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
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.