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1168 Forest Ave 850 SF 100% Leased Retail Building Staten Island, NY 10310 $1,261,313 CAD ($1,483.90 CAD/SF)



Executive Summary
Prime Mixed Use Investment Opportunity 1168 Forest Avenue, Staten Island, NY. Outstanding mixed use property located in the highly desirable Westerleigh section of Staten Island. This high visibility corner property offers exceptional frontage on busy Forest Avenue, one of Staten Island's most heavily traveled commercial corridors, providing outstanding exposure with both high vehicle and pedestrian traffic. Perfect for an owner occupant, investor, or business owner. This versatile property is situated on a 32' x 100' lot and includes the added convenience of a rear parking lot. The first floor features a spacious commercial space with three large rooms, two half bathrooms, and a kitchenette, making it ideal for a variety of professional, retail, or service oriented uses. The second floor is fully renovated floor to ceiling. Residential unit offers a one bedroom apartment with a 3/4 bathroom, eat-in kitchen, living room, and access to a full walk up attic, providing ample storage and additional space. Additional features include three split system heating and air conditioning units. Plus a gas hot water heat system. Conveniently located near public transportation, shopping, restaurants, schools, and neighborhood services. This property presents an exceptional opportunity to own a highly visible mixed use building in one of Staten Island's most established and sought after communities. Whether you're looking to operate your own business while generating rental income or expand your investment portfolio, this property offers endless potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
850 SF
Building Class
C
Year Built
1940
Price
$1,261,313 CAD
Price Per SF
$1,483.90 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.07 AC
Zoning
R3-2 - Low density residential district
Frontage
26’ on Forest Ave
Amenities
- Bus Line
- Freeway Visibility
- Signage
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00353-0032 | Improvements Assessment | $97,752 CAD |
| Land Assessment | $35,947 CAD | Total Assessment | $133,699 CAD |
Property Taxes
Parcel Number
00353-0032
Land Assessment
$35,947 CAD
Improvements Assessment
$97,752 CAD
Total Assessment
$133,699 CAD
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1168 Forest Ave
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