307 Nelson Ave, Staten Island, NY 10308-3434
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.
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Michael Anthony's Restaurant Restaurant
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Oishii Sushi 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.