New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,365,000
Warehouses
3475 Victory Blvd, Staten Island, NY 10314-6784
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-5603177
Property summary
AI-generated overview
This exceptional 1,500 square foot retail space presents a fantastic opportunity for businesses seeking a high-visibility location on Staten Island's bustling Victory Boulevard. Situated in Richmond County, New York, this single-tenant property boasts convenient access to major thoroughfares, including proximity to Richmond Avenue (just two minutes away) and the Staten Island Mall (a five-minute drive). The property features ample on-site parking for customers and employees, a significant advantage in this high-traffic area. Inside, the space offers high ceilings, creating an airy and spacious feel, and includes a built-in office area within the open floor plan, providing flexibility for various business needs. The property's multi-use subtype allows for a range of retail concepts. The address is 3475 Victory Boulevard, Staten Island, NY 10314. This location offers excellent visibility and accessibility, making it an ideal choice for businesses looking to establish a strong presence in a thriving commercial district. The property is classified as retail and is located in a prime area of Staten Island, New York.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
19,125 SF
Lot
0.62 ac (26,856 SF)
Zoning code
M1-1
APN
02172-0050
UPID
US63-5603177
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
-
Premier Drywall of NY Inc. Hardware & Home Improvement Interior Design
-
Pure Elegance wedding Entertainment Nightclub Music Venue
-
MJ'S Bathroom Remodeling Staten Island Renovation Specialist General Contractor
-
Crocus Merchant Group Inc Distribution Center Logistics Company
-
Fiber Optic Warehouse Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$3.37M
Owner & transaction history
Kaizen 3 LLC · 3 yrs held
Kaizen 3 LLC
since 2022
Last sale
$3.8M
6 recorded transactions
Zoning & alternative use
M1-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.4M
+51.0%
Apartment house (5+ units)
$4.1M
+13.8%
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
Method
Estimation
Statistic approach
$3,300,000
ML approach
$3,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,595,000
Current use
COMMERCIAL (GENERAL)
$5,425,000
Change: +51% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,090,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$3.37M
Range $3.03M – $3.70M · ±10% · vs last sale $3.80M (Nov 21 2022)
Last sale anchor
$3.80M
Nov 21 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$176 / SF
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
$70,609
Tax year 2024
Assessed value
$666,630
Assessed 2024
Previous assessed
$668,520
-0.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$205,650
Assessed improvement
$460,980
Land market value
$457,000
Improvement market value
$1,152,000
Total market value
$1,609,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
19,125 SF
Lot
0.62 ac (26,856 SF)
Zoning code
M1-1
APN
02172-0050
UPID
US63-5603177
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Staten Island, NY
Zoning M1-1 · permitted uses
M1-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$5.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Kaizen 3 LLC
Entity
Mailing address
29 WYCKOFF ST #2, BROOKLYN, NY 11201-6342
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
$3,800,000
Kaizen 3 LLC
Tanj Properties LLC
Bargain And Sale Deed
$2,250,000 · American Community Bank
Nov 21, 2022
—
Guy Pennisi
Our Two Buddies LLC
Bargain And Sale Deed
—
Jan 31, 2008
—
Tanj Properties LLC
Steven J Masseria
Bargain And Sale Deed
$350,000 · Victory State Bank
Feb 7, 2006
$900,000
Steven J Masseria
Cooney,james J
Grant Deed
$320,000 · Normandy Corp
—
—
Tanj Properties LLC
—
Deed Of Trust
related
$1,600,000 · Investors Savings Bank Fsb
—
—
Tanj Properties LLC
—
Deed Of Trust
related
$765,308 · Investors Savings Bank Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3475 Victory Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
