535 Vanderbilt Ave - Car Washes FOR SALE


Staten Island, NY 10304- Clifton
$1,050,000 USD
516-476-6455
535 Vanderbilt Ave, Staten Island, NY for Sale
$1,050,000 USD
Car Washes - FOR SALE
1/15
null | 6.37% Cap Rate

535 Vanderbilt Ave
Staten Island, NY 10304
Clifton


HIGHLIGHTS

  • Corner property

OVERVIEW

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 6 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.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

6.37%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Citgo Gas Station Property Only Staten Island

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,765 SF

ZONING

G3

APN/PARCEL ID

00650-0030

ASK ABOUT THIS PROPERTY

Hassan MahmoodHedgeStone Commercial Realty LLCMore Info
516-476-6455

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Hassan MahmoodHedgeStone Commercial Realty LLCMore Info
516-476-6455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.