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    OFF-MARKET
    Office Spaces

    120 Victory Blvd, Staten Island, NY 10301

    10,700 SF Built 1939
    Property ID
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Office Spaces
    Year built 1939
    Total area 10,700 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Georgina Pecoraro Physician
    • Exceptional Creations Department Store
    • nsn (Bike/Boat/Book/etc) Store Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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