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10-14 St Pauls Ave 10,800 SF 100% Leased Retail Building Staten Island, NY 10301 $3,168,250 CAD ($293.36 CAD/SF) 7.48% Cap Rate
Executive Summary
Can be sold as a package deal with 16 St. Pauls Ave ( 4 family and 2 stores. Asking $1,200,000, NOI $72,000). Please note that all apartments at 10-14 St. Pauls Ave are free market with great upside. (3)-2 Bedroom units (3)-3 Bedroom units. All tenants pay their own heat and hot water and have no leases. NOI $171,833. This 6 family brick building with 2 commercial stores ( 8 units total) consisting of approx. 10800 sqft with full basement and located in prime Tompkinsville/St. George area in Staten Island, within a short distance to all public transportation-S.I. Island Ferry, Ferry Hawks Stadium, Empire Outlets, Restaurants, Shops and more. Curent zonning R5/HS/C2-1. Lot is 72x100. Motivated seller. Please submit all offers with proof of funds.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,800 SF
Building Class
C
Year Built
1931
Price
$3,168,250 CAD
Price Per SF
$293.36 CAD
Cap Rate
7.48%
NOI
$236,930 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.55
Lot Size
0.16 AC
Zoning
R5/C2-1 - R5/HS/C2-1
Frontage
72’ on St Pauls Ave
Amenities
- Bus Line
- Signage
Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00569-0047 | Improvements Assessment | $626,775 CAD |
| Land Assessment | $13,556 CAD | Total Assessment | $640,331 CAD |
Property Taxes
Parcel Number
00569-0047
Land Assessment
$13,556 CAD
Improvements Assessment
$626,775 CAD
Total Assessment
$640,331 CAD
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10-14 St Pauls Ave
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