2200 Arthur Kill RdStaten Island, NY 10309

Property Details for 2200 Arthur Kill Rd

Year built

1981

Lot size

1.16 AC

Property size (Sq ft)

12,480 SF

Zone code

M2-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

06166-0102

APU

61660102

Description

This exceptional multi-use property at 2200 Arthur Kill Road, Staten Island, NY 10309, presents a significant investment opportunity. The 53,760 square foot building sits on a 50,759 square foot lot and features a two-story structure with five units. Currently vacant, this property offers immense flexibility for a variety of uses, including retail, hospitality, industrial, or office space. The high ceilings, exceeding 20 feet, and heavy 220-volt electrical service cater to diverse tenant needs. Ample parking is available with 60 spaces. Its strategic location provides easy access to major transportation arteries, including the Staten Island Expressway, Outer Bridge, Goethals Bridge, Verrazzano Bridge, and Bayonne Bridge, ensuring high visibility and convenient access for both employees and customers. The M2-1 zoning allows for a wide range of potential tenants, from national chains and banks to medical facilities and dealerships. This property's size, location, and versatility make it an ideal investment for discerning buyers seeking a high-return opportunity in a rapidly developing area. The asking price is $7,995,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,558,513

  6.5%

  $2,361,704

  7%

  $2,193,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,527,487

  Geo Method

  $2,527,487

• Alternative Use

  Use

  Valuation

  Residential

  $2,361,704

  Hospitality

  $2,163,308

  Educational

  $1,799,847

  Medical

  $1,861,747

  Retail

  $2,799,762

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5569

Longitude

-74.2091

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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