418-426 Forest Avenue, Staten Island, NY 10301

$2,180,000
4,125
SqFt

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Sold Price
$2,180,000
List Price
$2,500,000
Status
CLOSED
Days on Market
248
Closing Date
Oct 20, 2023
MLS#
1160175
Subtype
Commercial Sale
Year Built
1948
Living Area
4,125
Lot Size
8,095
Acres
0.19
MLS Area Major
West Brighton

Property Description

Amazing commercial property for sale! This is a fantastic opportunity to invest in a property that includes five separate stores. Located in a highly desirable area, this property offers excellent visibility and foot traffic, making it an ideal location for a wide range of businesses. The stores are all well-maintained and offer plenty of space, providing ample room for businesses. The five separate stores are each leased out to tenants with excellent rental histories. The rental rates for the stores are as follows: Store 420: $2228 per month, Store 422: $2920 per month, Store 424: $2600 per month, and Store 426: $2630 per month. The total monthly rental income for the entire property is around $13,000, providing a great opportunity for investors to generate a stable and reliable income stream. In addition to the rental rates, each tenant is responsible for paying 20% of the property tax, while also being responsible for all utilities, including water. This property is sure to attract the attention of a wide range of investors. Don't miss out on this incredible opportunity. Being sold as a package deal with 420, 422,424 and 426 Forest Avenue.

Additional Information

Taxes
$33,200
Zoning
R3X/C1-2
Heating
Hot Water, Natural Gas

Listing courtesy of RE/MAX EDGE. Contact:

Selling Office: .

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