For Sale
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Property summary
This exceptional investment opportunity presents a four-unit commercial office building located at 364 Decker Avenue in Port Richmond, Staten Island, New York, 10302. The property boasts 1,500 square feet of office space spread across four units, making it an ideal investment for a passive income stream. Situated on a 4,366 square foot lot (37x118), the building enjoys a prime location just 100 feet from the busy Forest Avenue intersection, ensuring high visibility and accessibility. The building is in excellent condition and currently houses tenants, all of whom are responsible for their own heating and air conditioning costs, minimizing the owner's operational expenses. Ceiling heights range from 8 to 10 feet, providing ample space and a comfortable working environment. The property is well-suited for a variety of office uses, including contractors, electricians, and other professional services. All national tenants are welcome. The asking price for this turnkey investment property is $895,000. This represents a rare chance to acquire a well-maintained, easily managed commercial building in a thriving Staten Island location.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Home Appliance Store
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.
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Staten Island market rent, vacancy and expense benchmarks for this use type.
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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