530 Forest Ave Staten Island, NY 10310
For Lease
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This exceptional 1,600 square foot retail space, located on Forest Avenue in Staten Island, presents a unique investment opportunity. Built in 1938, this two-story building offers a single-tenant occupancy, currently configured as a party room. The existing layout includes two bathrooms and a kitchen area suitable for light food storage, making it ideally suited for a venue or entertainment business. However, the space's versatility allows for a wide range of alternative uses, including office space or other commercial ventures. The property's prime Forest Avenue location ensures high visibility and accessibility, attracting significant foot traffic and potential clientele. The building's solid construction and established presence on a busy thoroughfare offer a stable foundation for a thriving business. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Staten Island location. The vacant space is ready for immediate occupancy, allowing for swift implementation of your business plans. Serious inquiries are encouraged to explore the potential of this remarkable property. Richmond County location provides access to a strong local market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3X · Staten Island, NYStaten Island. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.