1903 Victory Blvd, Staten Island, NY 10314-3519
This exceptional investment opportunity encompasses two buildings situated on a 4,806 square foot lot at 1899-1903 Victory Boulevard, Staten Island, NY 10314. The property, built in 1931, offers a combined 4,500 square feet of retail space, currently operating at 100% occupancy under a gross lease. The two-story structures boast a multi-tenancy configuration, including separate storefronts on the ground floor and additional office space on the second floor. The asking price is $2,025,000, translating to $450 per square foot. The property is zoned R3-1 and C1-1, providing flexibility for various commercial uses. This prime location in Staten Island presents a compelling investment prospect, with the potential for strong rental income and future appreciation. The buildings are currently occupied, offering immediate cash flow. The sale includes both the real estate and the existing business, or the real estate can be purchased separately. This presents a unique opportunity to acquire a well-established commercial property in a desirable location. The property's history and current success make it an attractive investment for both seasoned investors and those seeking a stable, income-generating asset.
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Que Rico Restaurant
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Que Rico NYC Restaurant
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Nicki's place Restaurant
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Mambo's Kitchen & Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3-1 · Staten Island, NYStaten Island. Always verify with local authorities before improvements.
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.