2940 Richmond Ter Staten Island, NY 10303
- Office Properties & Spaces
- 3,450 SF
- 0.07 lot acres
Current Use by Public Records
- Ally Environmental LLC / Environmental Consultant / Asbestos Testing Service
Property Details for 2940 Richmond Ter
- Year built
- 1955
- Lot size
- 0.07 lot acres
- Property size
- 3,450 SF
- Zone code
- R3A
- Property type
- Office Properties & Spaces
- APN
- 01224-0020
- APU
- 12240020
Description
This unique, two-story, 3,450 square foot building, originally a bank, offers a blend of historic charm and modern functionality. Completely renovated in 2023, the property features a first floor currently configured as lab space, ideal for scientific research, medical labs, or tech startups. The second floor boasts offices and conference rooms, perfect for corporate headquarters, engineering firms, or educational institutions. The building includes central heating and air conditioning, a state-of-the-art fire alarm and sprinkler system, and updated interior finishes. Three on-site parking spaces are available. Minimum leasable space is 1,000 square feet, with three total suites available. Located on Staten Island's North Shore, this Class C building offers a strategic location with easy access to the Bayonne and Goethals Bridges, providing convenient commutes to Manhattan and Brooklyn. Direct maritime access to Newark Harbor is also a key advantage. The property sits on a 3,000 square foot lot and features 220V, 3-phase power. This versatile space is suitable for a wide range of uses, including office, medical, laboratory, research & development, banking, or educational facilities. The building's historic significance adds unique character and ambiance. This is an exceptional opportunity to lease a renovated historic building with modern amenities and excellent connectivity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $555,000
- 6.5%
- $580,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $595,000
- Mixed-Use
- $605,000
- Hospitality
- $625,000
- Educational
- $510,000
- Residential Income
- $575,000
- Energy
- $455,000
- Income-Based Land
- $600,000
- Food Service
- $475,000
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.1581
- Latitude
- 40.6366
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
