1686 Forest AVE Staten Island, NY 10302
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,978 sqft
Price per Sqft $777
MLS Listing ID 2504188
Year Built 1932
Annual Tax Amount $49,632
Lot Size 0.316 Acres
Acres 0.32
Lot Dimensions 179 x 172
Property Sub-Type Commercial
Source Staten Island Multiple Listing Service
Property Description
An investment like this rarely becomes available—especially in such a coveted, high-exposure location. Situated directly on bustling Forest Avenue, just moments from the expressway and multiple major transit options, this meticulously cared-for five-unit commercial property offers exceptional visibility, consistent foot traffic, and unbeatable convenience.
Set on an oversized lot, the building boasts ample on-site parking and a clean, maintenance-free exterior that enhances curb appeal and reduces operational costs. Long-standing, stable tenants occupy all five units, offering a strong and reliable income stream from day one. This is truly a turn-key investment for the savvy buyer looking to establish long-term equity and passive cash flow.
Forest Avenue is one of the most heavily traveled commercial corridors in the region, making this location a standout for both tenants and future appreciation. Whether you're planning for early retirement, diversifying your portfolio, or securing a prime income-producing asset, this property delivers across the board.
Location, location, location—this one truly cannot be beat. Please inquire within for financials and cap rate. Act fast—properties of this caliber and in this corridor are extremely rare and highly sought after.
Location
State NY
County Richmond
Area Westerleigh
Zoning R3-2
Interior
Heating Steam, Natural Gas
Cooling Units
Building
Story 1
Sewer City
Level or Stories 1
Structure Type Frame
New Construction No
Others
Tax ID 01476-51
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.