4247 Richmond AveStaten Island, NY 10312

Property Details for 4247 Richmond Ave

Year built

2008

Lot size

0.11 AC

Property size (Sq ft)

6,624 SF

Zone code

R3A

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

05295-0003

APU

52950003

Description

This exceptional 1,500 square foot medical office space is ideally situated on Richmond Avenue in Richmond County, offering excellent street visibility and ample parking. Built in 2010, the property boasts a move-in ready condition and is conveniently located on the ground floor with elevator access to the main floor. The space features six exam rooms, a large reception/waiting area, and two bathrooms. There are no common charges associated with this lease. The building is zoned R 3-A, making it suitable for a variety of medical and professional uses. Attractive lease terms are available. This is a rare opportunity to secure a well-appointed, fully functional medical office space in a highly desirable location with significant street presence and convenient parking. The property is in excellent condition and ready for immediate occupancy. The space is perfect for a growing medical practice or other professional business seeking a high-visibility location with ample parking and convenient access.

• CAP approach

  CAP return

  Valuation

  6%

  $1,095,145

  6.5%

  $1,010,903

  7%

  $938,696

• Comparable approach

  Method

  Valuation

  Relative Method

  $865,492

  Geo Method

  $865,492

• Alternative Use

  Use

  Valuation

  Residential

  $1,253,520

  Hospitality

  $1,148,218

  Educational

  $955,303

  Medical

  $988,158

  Retail

  $1,486,028

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5357

Longitude

-74.156

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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