Property profile

0 Lake Ave Staten Island, NY 10303

OFF-MARKET
Industrial properties
2,312 SF Built 1920
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Property summary

AI-generated overview

This exceptional Staten Island industrial property presents a unique investment opportunity. The 2,312-square-foot manufacturing building, constructed in 1920, sits on a sizable 12,921-square-foot lot zoned M3-1. The asking price is $1,299,000, translating to $561.85 per square foot. The property boasts convenient access to railroad tracks, a significant advantage for logistics. Phase one of development is complete, and a survey is readily available for review. Adding to the property's versatility, there's a two-family detached structure and two separate garages situated on the grounds. Ten parking spaces are available on-site. This property is ideally suited for a variety of manufacturing or industrial uses, offering a blend of existing structures and ample space for expansion or redevelopment. Located on Lake Avenue in Staten Island, Richmond County, NY 10303, this property offers a compelling combination of location, size, and zoning potential. The property's flat terrain further enhances its usability and accessibility.

Property profile

Verified
Property type Industrial properties
Year built 1920
Total area 2,312 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lake Ave Staten Island, NY 10303
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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