933-939 Richmond Avenue, Staten Island, NY 10314

$6,800,000 Commercial - 10314
629.86Building Sqft
26000Lot Sqft
Commercial Sale
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About 933-939 Richmond, Staten Island

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.

Facts & Features

Subtype Commercial
County Richmond
Lot Size Sqft 26000
Tax Abated No
List Price per Sqft $629.86
Zoning C2-1
Electric 220 Volts
Heating System Natural Gas
Air Conditioner Central
Area Graniteville
Condition Excellent
Lot Dim 130 x 200
Taxes 111633
Year Built 1975
Building Sqft 629.86
Siding Frame
Sewer City
Heating Source Other