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1267 Forest Ave
Staten Island, NY 10302
Staten Island Shopping Center · Retail Property For Sale
EXECUTIVE SUMMARY
Fully occupied 19-unit, 30,000 sq. ft. shopping center for sale on Staten Island’s busy Forest Avenue. Prime corner location with 254’ frontage, 38 parking spaces, excellent signage, and strong neighboring brands. Gross income: $943K; NOI: $771K; 7.71% cap rate. Ideal for investors, developers, or end-users seeking high visibility and long-term upside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
27,663 SF
Building Class
B
Year Built/Renovated
1989/2025
Price
$13,768,899 CAD
Price Per SF
$497.74 CAD
Cap Rate
7.71%
NOI
$1,062,121 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.73
Lot Size
0.87 AC
Zoning
R3-2/C2-1
Parking
46 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Banking
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 01042-0001 | Improvements Assessment | $1,039,513 CAD |
| Land Assessment | $1,065,688 CAD | Total Assessment | $2,105,202 CAD |
PROPERTY TAXES
Parcel Number
01042-0001
Land Assessment
$1,065,688 CAD
Improvements Assessment
$1,039,513 CAD
Total Assessment
$2,105,202 CAD
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