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Property profile & analytics
FOR SALE
Manufacturing properties

234 Grandview Ave Staten Island, NY 10303

5,000 SF 0.24 ac lot Built 1950
Trust Owned 6-yr Hold Free & Clear
Property ID
US63-1182599
Property summary
AI-generated overview

This exceptional 5,000-square-foot manufacturing facility in Staten Island, New York, presents a unique investment opportunity. Located at 234 Grandview Ave, 10303, this meticulously maintained property boasts a blend of warehouse and office space. The building, constructed in 1950, is a solid masonry structure and is zoned M 2-1. Approximately 3,000 square feet are dedicated to warehouse space, ideal for various manufacturing or storage needs. The remaining 2,000 square feet comprise well-appointed office space, featuring multiple offices, a conference room, reception area, kitchen, and two bathrooms. The office area is enhanced by radiant heat in tiled floors and high ceilings. Adding to the property's appeal is a substantial 5,000-square-foot private parking lot, recently repaved, accommodating 10-12 vehicles. The property is fully gated and secure, providing peace of mind. The asking price for this turnkey operation is $2,000,000. This property offers a rare combination of functional warehouse space and comfortable office amenities, making it an attractive proposition for a variety of businesses. Its prime location in Richmond County, New York, adds to its desirability.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1950
Total area 5,000 SF
Lot 0.24 ac (10,300 SF)
Zoning code M2-1
APN 01257-0075
UPID US63-1182599
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
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
Frasca 2015 Trust Ir · 6 yrs held
Frasca 2015 Trust Ir
since 2019
6 recorded transactions
2019
Price N/A
2016
$925,000
2016
Price N/A
2005
Price N/A
2004
$436,500
2004
Price N/A
Zoning & alternative use
M2-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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