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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Super regional malls
965 Richmond Ave, Staten Island, NY 10314-1581
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3787017
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1992
Total area
125,240 SF
Lot
8.28 ac (360,851 SF)
Zoning code
R3-2
APN
01479-0001
UPID
US63-3787017
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
-
Rush My Passport Travel Agency
-
Forest Promenade Shopping Plaza Shopping Center & Mall
-
Cigar Aficion (Bike/Boat/Book/etc) Store
-
SNIPES Shoe Store Clothing Store
-
Rent-A-Center Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Wakefern Food Corp · 3 yrs held
Wakefern Food Corp
since 2022
7 recorded transactions
Zoning & alternative use
R3-2 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / 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
$1,008,141
Tax year 2024
Assessed value
$9,652,210
Assessed 2024
Previous assessed
$9,017,100
+7.0% YoY
Effective rate
10.44%
On assessed value
Assessed land
$5,196,600
Assessed improvement
$4,455,610
Land market value
$11,548,000
Improvement market value
$9,603,000
Total market value
$21,151,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1992
Heating
NONE
Buildings
3
Stories
1
Units
17
Total area
125,240 SF
Lot
8.28 ac (360,851 SF)
Zoning code
R3-2
APN
01479-0001
UPID
US63-3787017
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3-2 · Staten Island, NY
Zoning R3-2 · permitted uses
R3-2 · 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.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Stories
1
Buildings
3
Units
17
Lot
8.28 ac
Current owner
From public records · entity-resolved
Wakefern Food Corp
Entity
Mailing address
651 WILLOWBROOK RD STE #205, STATEN ISLAND, NY 10314-6827
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
—
Wakefern Food Corp
Mason Avenue Holding Corp
Lease
—
Oct 21, 2021
—
Mason Avenue Holding Corp
—
Deed
related
$19,500,000 · Prudential Insurance Of America
Sep 27, 2016
—
Mason Avenue Holding Corp
—
Deed
related
$2,250,000 · Miscellaneous Ins Co
Oct 18, 2011
—
Mason Avenue Holding Corp
—
Deed Of Trust
related
$19,000,000 · Prudential Insurance Co
—
—
Mason Avenue Holding Corp
—
Deed Of Trust
related
$4,323,076 · Prudential Mortgage Capital Co
—
—
Mason Avenue Holding Corp
—
Deed Of Trust
related
$2,250,000 · Miscellaneous Ins Co
—
—
Mason Avenue Holding Corp
—
Deed Of Trust
related
$2,265,022 · Prudential Insurance Co
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.
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