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Property profile & analytics
OFF-MARKET
Estimated value
$15,740,000
Retail space
1520 Frst Ave Staten Island, NY 10302-2234
Individually Owned
20-yr Hold
Free & Clear
Property ID
US63-0216964
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1971
Total area
46,093 SF
Lot
5.14 ac (223,811 SF)
Zoning code
C4-1
APN
00394-0001
UPID
US63-0216964
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Starbucks Cafe & Coffee Shop
-
CVS Pharmacy Pharmacy
-
Target Mobile Mobile Phone Store Electronics & Wireless Store
-
Forest Avenue Plaza Shopping Center & Mall
-
Target Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.26M
Comparable Approach
Comparable
$9.60M
Blend (final)
Blend
$15.74M
Owner & transaction history
Staten Island Ss 1343 In Kimco · 20 yrs held
Staten Island Ss 1343 In Kimco
since 2006
1 recorded transaction
Zoning & alternative use
C4-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.2M
+5.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Staten Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staten Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,535,000
6.5%
$15,260,000
7%
$14,170,000
Alternative Use
Use
Estimation
RETAIL STORES
$15,325,000
Current use
AUTO REPAIR, GARAGE
$16,185,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$13,795,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$15.74M
Range $14.17M – $17.31M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$341 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$454,981
Tax year 2024
Assessed value
$4,295,520
Assessed 2024
Previous assessed
$4,063,893
+5.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$2,367,270
Assessed improvement
$1,928,250
Land market value
$5,596,000
Improvement market value
$4,777,000
Total market value
$10,373,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1971
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
46,093 SF
Lot
5.14 ac (223,811 SF)
Zoning code
C4-1
APN
00394-0001
UPID
US63-0216964
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-1 · Staten Island, NY
Zoning C4-1 · permitted uses
C4-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staten Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$15.3M
AUTO REPAIR, GARAGE
Est. value
$16.2M
OFFICE BUILDING
Est. value
$13.8M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
5.14 ac
Current owner
From public records · entity-resolved
Staten Island Ss 1343 In Kimco
Individual
Free & Clear · 20 yrs held
Mailing address
500 N BROADWAY, HUNTINGTON, NY 11743
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2006
$7,600,000
Staten Island Ss 1343 In Kimco
Stop & Shop Supermarket Co LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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