Additional details
$1,350,000
Est. payment /mo
2,486 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,486 sqft
Price per Sqft $543
MLS Listing ID 2500740
Originating Board Staten Island Multiple Listing Service
Year Built 1931
Annual Tax Amount $4,580
Lot Size 1,874 Sqft
Acres 0.04
Lot Dimensions 25 x 75
Property Sub-Type Commercial
Property Description
A Prime Mixed-Use Investment Opportunity in business areas Victory Blvd Excellent location! This one-story, one-family, mixed-use building is situated in the highly desirable Brighton Heights neighborhood, just steps from the subway station and a busy, high-traffic street.This property is available as a package deal plus next empty lot ( 80 Vitory Blvd) , offering a mixed-use building plus an additional empty lot, providing incredible development potential. Building Size: 22' x 75', Zoning: R5 (Potential for expansion or new development)First Floor: Fully operational restaurant tenant, lease active until February 2026. Tenant pays their own water and utilities. Second Floor: Spacious six bedrooms with one and half bathroom apartments , the restaurant Current Rent: 3,000/monthly(lease ends 2/2026), Tenant pays own utilities, second floor current rent:2050/monthly ( lease ends 8/2025), Expenses:Insurance: ~5,000 annually, water bill 120/ monthly (only for apartment) Tenants pay all utilities separately ,Separate heating & hot water), The adjacent empty lot (24' x 75') is included in this package deal.Zoned R5, allowing the potential to build up to three additional floors for another mixed-use building.Prime location near subway & major bridge, Busy commercial area with strong foot traffic, Income-generating property with future development potential, Turnkey restaurant tenant & stable residential rental income, This is a rare investment opportunity with excellent cash flow and long-term upside. Contact me today for more details or to schedule a private showing!
Location
State NY
County Richmond
Area St. George
Zoning C2-1
Interior
Heating Natural Gas, Other
Exterior
Parking Features Street
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Other
New Construction No
Others
Tax ID 00569-0075
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Listed ByRe/Max Edge
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