0 Lake Ave Staten Island, NY 10303
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.
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.