4164 Victory Blvd Staten Island, NY 10304
- Investment properties
- 2,340 SF
- 0.06 lot acres
Current Use by Public Records
- Indiyas / Indian Restaurant
- VEGAN 15 / Vegan Restaurant
Property Details for 4164 Victory Blvd
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 2,340 SF
- Zone code
- R3A
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 02637-0052
- APU
- 26370052
Description
This exceptional mixed-use property at 4164 Victory Boulevard, Staten Island, NY 10314, presents a rare investment opportunity. The 2,340 square foot building sits on a 2,749 square foot lot and is currently vacant, offering immediate occupancy from March 15, 2023. The ground floor boasts a fully equipped restaurant space, complete with a full kitchen, large dining area, and two bathrooms. A sizable basement provides ample storage. Upstairs, a two-bedroom apartment generates a consistent monthly income of $1,850. This owner-user investment is ideally situated on a busy stretch of Victory Boulevard, ensuring high visibility and accessibility. The area is densely populated, providing a strong customer base for the restaurant, and benefits from convenient access to public transportation and the expressway. The asking price is $1,199,000, translating to $512.39 per square foot. Seller financing may be available to qualified buyers. This property offers a unique blend of commercial and residential income streams, making it an attractive proposition for savvy investors seeking a strong return on investment in a thriving Staten Island location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $385,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $410,000
- Mixed-Use
- $340,000
- Hospitality
- $420,000
- Educational
- $380,000
- Residential Income
- $405,000
- Energy
- $355,000
- Income-Based Land
- $375,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.1919
- Latitude
- 40.5907
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA