95-97 Lincoln AVE Staten Island, NY 10306
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,824 sqft
Price per Sqft $362
MLS Listing ID 2406557
Originating Board Staten Island Multiple Listing Service
Year Built 1980
Annual Tax Amount $33,458
Lot Size 4,212 Sqft
Acres 0.1
Lot Dimensions 36x117
Property Sub-Type Commercial
Property Description
Looking for an investment opportunity that checks all the boxes? This package deal in Grant City, Staten Island, offers not one, but two buildings with four separate tenants—each enjoying their own gas and electric meters (no shared headaches here). Each tenant space spans approximately 1,200 square feet, providing plenty of room for business.
Built in 1980 and situated on a 4,212-square-foot lot, this property boasts R3-2 zoning and is perfectly positioned in a high-traffic area. Active leases are already in place, with built-in yearly rent increases for consistent growth. Add a strong 7.25 cap rate to the mix, and you'll see why this is an investment worth serious consideration.
Location? It doesn't get better. The property is steps away from public transportation, including the S51 and S81 buses and the Staten Island Railroad.
Whether you're a seasoned investor or just diving into the market, this property lets you start earning immediate returns after closing. With tremendous income potential and all the groundwork already laid, why wait? Schedule a viewing today!
Location
State NY
County Richmond
Area Grant City
Zoning R3-2 / C1
Interior
Heating Hot Water, Natural Gas
Exterior
Parking Features Private
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Block
New Construction No
Others
Tax ID 03581-0135
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.