Entity Owned 
For Lease
Contact for pricing
208 Grandview Ave, Staten Island, NY 10303
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Property summary
AI-generated overview
This exceptional 1,750-square-foot warehouse space is ideally situated at 208 Grandview Avenue on Staten Island, New York, in the 10303 zip code. Located in Richmond County, this single-tenant industrial property offers a ground-level warehouse with 18-foot high ceilings, perfect for a variety of businesses. The lot dimensions are 25 feet by 102 feet, providing ample space for loading and unloading. The property is zoned M2-1. This property is available immediately. The monthly rent is $4,500. The lease requires a security deposit equivalent to two months' rent, plus one month's rent as a fee. Utilities are the responsibility of the tenant. This offering is subject to errors and omissions. This is a fantastic opportunity for a business seeking a well-located, spacious warehouse in a thriving area of Staten Island. Don't miss out on this chance to secure your ideal workspace.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Total area
1,750 SF
Lot
0.06 ac (2,550 SF)
Zoning code
M2-1
APN
01257-0070
UPID
US63-0756944
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Factory Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
since 2019
3 recorded transactions
Zoning & alternative use
M2-1 · Staten Island, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$275k
Value range
$248k – $303k
±10% around blend
Estimated value / SF
$157 / SF
Confidence
High
5 county-verified comps
Property data
100
Comparable evidence
50
Income certainty
100
$248k
blend $275k
$303k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,750 SF
Lot area
0.06 ac
Year built
2003
Stories
1
APN
01257-0070
Zoning
M2-1
Assessed value
$85,140
Annual tax
$5,934
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,934
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.94M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.5 mi away · 1,855 SF
13.9 mi away · 1,323 SF
14.1 mi away · 2,230 SF
20.1 mi away · 1,300 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$275k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$395k
Move the market yield to see immediate price impact.
Value / SF
$226
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$25k
$497k
$355k
$276k
$28k
$553k
$395k
$307k
$30k
$608k
$434k
$338k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$4.00M
10.5 mi · Oct 2025 · $2,886/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,934
Tax year 2024
Assessed value
$85,140
Assessed 2024
Previous assessed
$80,100
+6.3% YoY
Effective rate
6.97%
On assessed value
Assessed land
$12,600
Assessed improvement
$72,540
Land market value
$28,000
Improvement market value
$156,000
Total market value
$184,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
2003
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
1,750 SF
Lot
0.06 ac (2,550 SF)
Zoning code
M2-1
APN
01257-0070
UPID
US63-0756944
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M2-1 · Staten Island, NYZoning M2-1 · permitted uses
M2-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M2-1
Jurisdiction
Staten Island, NY
Recorded code
M2-1
Ownership Intelligence
Find the owner behind the property.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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