933-939 Richmond Avenue, Staten Island, NY 10314

$6,800,000
10,796
SqFt
List Price
$6,800,000
Status
ACTIVE
Days on Market
60
MLS#
2402768
Subtype
Commercial Sale
Year Built
1975
Living Area
10,796
Lot Size
26,000
Acres
0.60
MLS Area Major
Graniteville

Property Description

Presenting an exceptional investment opportunity at a prestigious Triple A location. 933-939 Richmond Ave is situated at the bustling intersection of Richmond Avenue and Forest Avenue. This prime commercial property is anchored by the popular IHOP restaurant, ensuring a steady flow of foot traffic and visibility. This property represents a rare opportunity to acquire a high-performing commercial asset in a premier location. With established leases and minimal landlord obligations, it promises both stability and profitability for investors. Key Features: Anchor Tenant: IHOP, a renowned and reliable tenant, drawing consistent customer visits. Triple Net Leases (NNN): All current leases are triple net, providing the owner with minimal management responsibilities as tenants cover property taxes, insurance, and maintenance costs. High Visibility: Situated on a highly trafficked location, this asset benefits from maximum exposure to passing vehicles and pedestrians. Ample Parking: The property boasts a spacious parking lot with 36 parking spaces, accommodating customer and tenant needs comfortably. Strong Financials: Generates a solid Net Operating Income (NOI) exceeding $400,000 annually, reflecting its status as an investment.

Additional Information

Taxes
$111,633
Zoning
C2-1
Heating
Natural Gas, Other

Listing Courtesy Of AMERICAN HOMES GROUP, Contact:

Listing courtesy of Listing Agent: RON MOLCHO () from Listing Office: AMERICAN HOMES GROUP.

Listing courtesy of AMERICAN HOMES GROUP. Contact:

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