NY
Richmond (Staten Island)
Staten Island
10304
535 Vanderbilt Avenue
535 Vanderbilt Avenue, Staten Island, NY 10304
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$1,250,000

Home Details for 535 Vanderbilt Avenue

Price
$1,250,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1931
County
Richmond (Staten Island)
Garage
Days on site
1
MLS Listing#
942293
Property Description

Prime gas station/C-store property for sale at 535 Vanderbilt Ave in Staten Island. This G3-zoned, income-producing corner lot sits on an irregular 0.17 acres with no violations and features double-walled fiberglass gas tanks. The property generates $89,112 in annual rental income with a Net Operating Income of $66,932. The tenant has 11 years remaining on the lease plus a 5-year renewal option. Owner pays property taxes of $18,179.08 and property insurance of $4,000 annually, while the tenant covers all utilities. Strong, established operator running both the gas station and convenience store. Excellent long-term investment opportunity with stable cash flow.

Property Features
  • Utilities
    • Natural Gas Available
    • Natural Gas Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: Empire Business Management LLC - 516-200-2049
Presented by: Hassan Mahmood
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53 Hill St., Southampton, NY 11968
Rich Norrby
License #: 10401340155
Sales Representative
Office
631 343 8700
Agent
631 871 8762
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