Technical
Financial
Distress signals
Property profile

364 Decker Ave Staten Island, NY 10302

FOR SALE
Office buildings
Property ID
US63-0970550
1,951 SF 0.1 ac lot Built 1930
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1930
Total area 1,951 SF
Lot 0.1 ac (4,258 SF)
Zoning code R3-1
APN 01065-0113
UPID US63-0970550

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
  • Insurance Agency
  • Home Appliance Store

Location

364 Decker Ave Staten Island, NY 10302
Staten Island metro Census 24700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
$735k
Comparable Approach Comparable
$709k
Blend (final) Blend
$650k

Owner & transaction history

since 2023
Last sale
$740,000
7 recorded transactions
2023
$740,000
2019
Price N/A
2018
Price N/A
2018
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A

Zoning & alternative use

R3-1 · Staten Island, NY
Top alternative use upside
Auto repair, garage $685,000 +17.3%
Retail stores $650,000 +11.1%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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