24 Ellis St 5,000 SF 100% Leased Retail Building Staten Island, NY 10307 $1,301,224 CAD ($260.24 CAD/SF) 5.22% Cap Rate

24 Ellis Street is a rarely available commercial building located on a main thoroughfare in the heart of Tottenville, Staten Island. The property totals approximately 5,000 square feet and is situated on a 6,504 square foot lot within an M3-1 Manufacturing zoning district. The building is currently leased and occupied as a dance studio, with a triple net lease in place expiring in August 2027, providing an investor with near-term income and future repositioning potential.
The building has been meticulously maintained by ownership and features major structural and mechanical upgrades. It offers strong visibility, street frontage, and convenient access to public transportation, including proximity to the Staten Island Railway, allowing easy connectivity to Manhattan. The property also benefits from nearby amenities and strong vehicular and pedestrian traffic. This offering presents an attractive opportunity for investors or owner-users seeking a well-located commercial asset in Staten Island.