Property profile

307 Nelson Ave Staten Island, NY 10308

OFF-MARKET
Drive through restaurants
Property ID
US63-4379660
1,180 SF 0.05 ac lot Built 1931
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1931
Total area 1,180 SF
Lot 0.05 ac (2,100 SF)
Zoning code R3-1
APN 05208-0062
UPID US63-4379660

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
  • Restaurant
  • Restaurant

Location

307 Nelson Ave Staten Island, NY 10308-3434
Staten Island metro Census 15603 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2025
Last sale
$630,000
7 recorded transactions
2025
$700,000
2022
$630,000
2022
$205,000
2016
$205,000
2013
Price N/A
2012
$300,000
1969
Price N/A

Zoning & alternative use

R3-1 · Staten Island, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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