Property profile

114 Lincoln Ave Staten Island, NY 10306

OFF-MARKET
Retail properties & Spaces
5,580 SF
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Property summary

AI-generated overview

This exceptional Staten Island retail property at 114 Lincoln Avenue presents a lucrative investment opportunity. The 5,580 square foot building, situated on a 7,425 square foot lot, is a single-story structure with 11-15 foot ceilings. Currently operating as a thriving deli and grocery store, the business includes all necessary licenses: Electric & Tobacco cigarettes, NYS Lotto, Beer, and Deli & Hot food licenses. The asking price is $355,000. Monthly rent is $3,500. Key features include an ATM machine, a full basement, a new freezer, a full kitchen hood, and a walk-in freezer. The business benefits from an established customer base and strong weekly sales, including lottery sales. A dedicated employee provides excellent customer service. This turnkey operation offers immediate income potential and a solid foundation for continued growth in the vibrant Grant City neighborhood of Staten Island, NY 10306. The property's prime location and established business ensure a strong return on investment. This is a rare opportunity to acquire a profitable, established business with significant upside potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,580 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
  • Grocery & Convenience Store

Location

114 Lincoln 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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