Property summary
This exceptional Staten Island investment opportunity presents a 1,180 square foot commercial building situated on a 2,100 square foot lot at 307 Nelson Avenue, zip code 10308. The property, currently operating as a successful Japanese restaurant, boasts a high-end renovation, a fully equipped kitchen, ample storage, and freezer space. The building's dimensions are approximately 20x59 feet, with a similar-sized full basement adding significant potential. The 11-15 foot ceilings contribute to a spacious and inviting atmosphere. The current tenant operates under a triple net lease, paying $4,500 per month, yielding a 5% return on the asking price of $995,000. This bundle sale includes both the real estate and the established restaurant business, complete with a valuable liquor license. The property's prime location in Staten Island, New York, offers excellent visibility and accessibility. This is a rare chance to acquire a turnkey operation with strong existing income and significant upside potential. The property is classified as retail and office space, making it versatile for future uses. The building's solid construction and recent renovations ensure a long-term, profitable investment. Don't miss this opportunity to own a thriving business and valuable real estate in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R3-1 · Staten Island, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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