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Property profile & analytics
FOR LEASE
Manufacturing properties
208 Grandview Ave Staten Island, NY 10303
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-0756944
For Lease
$27.40 SF/Yr
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
F G Iron Works Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
208 Grandview Holdings LLC · 7 yrs held
208 Grandview Holdings LLC
since 2019
3 recorded transactions
Zoning & alternative use
M2-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$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
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
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, NY
Zoning M2-1 · permitted uses
M2-1 · 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.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
208 Grandview Holdings LLC
Entity
Mailing address
5714 AMBOY RD, STATEN ISLAND, NY 10309-3106
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2019
$450,000
208 Grandview Holdings LLC
Fornarelli,giuseppe & Anna R
Warranty Deed
$150,000 · Giuseppe & Anna R Fornarelli
Feb 17, 2009
—
Giuseppe Fornarelli
Fornarelli,giuseppe
Quit Claim Deed
related
—
Jul 11, 2002
$26,000
Giuseppe Fornarelli
Catherine,m & Schioppo Est
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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