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SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 6,500 SF | 13’ - 15’ | 10-20 Years | $42.39 CAD/SF/YR $3.53 CAD/SF/MO $275,566 CAD/YR $22,964 CAD/MO | Triple Net (NNN) |
1st Floor
FIRST TIME AVAILABLE IN OVER 25 YEARS! 6,207 SF PRIME RETAIL + FULL BASEMENT | PORT RICHMOND, STATEN ISLAND Asking: $16,500 Per Month Cedar William is proud to exclusively present a rare retail leasing opportunity in the heart of Port Richmond, Staten Island. Formerly occupied by Family Dollar for over two decades, this high-visibility location is now available for the first time in more than 25 years. Located on a major commercial corridor, the property boasts over 100 feet of frontage and is surrounded by a dense residential population and a vibrant mix of national and local retailers. This is a move-in ready space ideal for a wide range of users. Property Highlights: ±6,207 SF of ground floor retail Full, usable basement (non-selling) – ideal for storage, back office, or operations support 67’ deep x 96’ wide layout with efficient open floor plan Over 100 feet of street frontage for high visibility Ceiling heights over 13’ (3) Fifteen-ton rooftop HVAC units Double-door storefront entrance Rear loading dock with private easement – seamless for deliveries and logistics Flexible zoning allows for: general retail, showroom, warehouse, medical office, nonprofit, fitness, daycare, urgent care, and more Port Richmond – Staten Island Snapshot: Population: Over 68,000 residents within 1.5 miles Daily traffic counts: 15,000+ vehicles pass the site Median household income: $83,000+ Strong workforce: 65%+ of residents employed full-time Retail co-tenancy: Surrounded by grocery stores, pharmacies, banks, fast food chains, and service providers Transit: Near multiple MTA bus routes and Staten Island Railway Easy access to NJ and Brooklyn via the Bayonne and Goethals Bridges Growing submarket: Port Richmond is experiencing consistent investment, infrastructure improvements, and new residential development This is a legacy retail space in one of Staten Island’s most stable and evolving retail corridors. Whether for retail, healthcare, community use, or logistics, this property offers scale, visibility, and flexibility in a proven location.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- 1 Loading Dock
- Central Air Conditioning
- High Ceilings
- Finished Ceilings: 13’ - 15’
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 6,500 SF | Gross Leasable Area | 12,858 SF |
| Property Type | Retail | Year Built | 1931 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 7.5/1,000 SF |
| Total Space Available | 6,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,858 SF |
| Year Built | 1931 |
| Parking Ratio | 7.5/1,000 SF |
ABOUT THE PROPERTY
CONTACT ME: INFO@CW-NYC.COM | C: 646.481.3711 HISTORIC WOOLWORTH BUILDING FOR LEASE! FIRST TIME AVAILABLE IN OVER 25 YEARS! 6,207 SF PRIME RETAIL + FULL BASEMENT | PORT RICHMOND, STATEN ISLAND Cedar William is proud to exclusively present a rare retail leasing opportunity in the heart of Port Richmond, Staten Island. Formerly occupied by Family Dollar for over two decades, this high-visibility location is now available for the first time in more than 25 years. Located on a major commercial corridor, the property boasts over 100 feet of frontage and is surrounded by a dense residential population and a vibrant mix of national and local retailers. This is a move-in ready space ideal for a wide range of users. Property Highlights: ±6,207 SF of ground floor retail Full, usable basement (non-selling) – ideal for storage, back office, or operations support 67’ deep x 96’ wide layout with efficient open floor plan Over 100 feet of street frontage for high visibility Ceiling heights over 13’ (3) Fifteen-ton rooftop HVAC units Double-door storefront entrance Rear loading dock with private easement – seamless for deliveries and logistics Flexible zoning allows for: general retail, showroom, warehouse, medical office, nonprofit, fitness, daycare, urgent care, and more Port Richmond – Staten Island Snapshot: Population: Over 68,000 residents within 1.5 miles Daily traffic counts: 15,000+ vehicles pass the site Median household income: $83,000+ Strong workforce: 65%+ of residents employed full-time Retail co-tenancy: Surrounded by grocery stores, pharmacies, banks, fast food chains, and service providers Transit: Near multiple MTA bus routes and Staten Island Railway Easy access to NJ and Brooklyn via the Bayonne and Goethals Bridges Growing submarket: Port Richmond is experiencing consistent investment, infrastructure improvements, and new residential development This is a legacy retail space in one of Staten Island’s most stable and evolving retail corridors. Whether for retail, healthcare, community use, or logistics, this property offers scale, visibility, and flexibility in a proven location.
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124 Port Richmond Ave
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