871 Post Ave - Storefront Retail/Residential FOR SALE


Staten Island, NY 10310- Port Richmond
$1,599,999 USD
718-200-7799
871 Post Ave, Staten Island, NY for Sale
$1,599,999 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

871 Post Ave
Staten Island, NY 10310
Port Richmond


HIGHLIGHTS

  • Upside opportunity to monetize rear vacant lot
  • Strong vehicular and foot traffic
  • Development opportunity
  • Steady cash flow from retail and residential units
  • Near highly visible signalized intersection
  • Apartments and store recently renovated

OVERVIEW

871 Post Ave is a mixed-use building with a large vacant lot in the rear. The 2-story building has two retail stores and three apartment units and sits on an oversized 11,633 sf lot zoned C2-1 / R3-A. The retail stores as well as the kitchens and bathrooms in the apartments were completely renovated six years ago. The retail stores have a cellar with full height ceilings and windows. The ± 9000sf vacant rear yard is underutilized and can be leased separately or developed by adding additional residential units to the existing building. Please consult your architect. Situated near a high-visibility corner at the signalized intersection of Post Ave and Jewett Ave in Port Richmond, the property benefits from heavy vehicular and foot traffic. The property has immediate access to NY-440 and I-278 for easy connectivity to New Jersey and Brooklyn. Suitable for owner users, investors seeking steady cash flow, or developers looking for upside opportunities. Building Size: ±3000 sf Commercial Units: 1000sf 500sf Residential Units: 1 two -bedroom apartment 2 one-bedroom apartments Lot Size: 11,633sf Zoning: C2-1 / R 3-A RE Taxes: $5,857

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$533 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Use Building Development Opportuntity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,633 SF

ZONING

C2-1 / R3-A

APN/PARCEL ID

00215-0256

ASK ABOUT THIS PROPERTY

Angie MasterPreRealMore Info
718-200-7799

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Angie MasterPreRealMore Info
718-200-7799

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