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584 Richmond Rd
Staten Island, NY 10304
Retail Property For Sale


Investment Highlights
- Owner-User or Investor Opportunity
- Stable Residential Income Potential
- High Visibility Retail Location
- Strategic Staten Island Location
- Market Retail Rent Potential
- High Yield Investment
Executive Summary
DON'T MISS! Projected CAP 10,5+%!
Mixed-use investment or owner-user opportunity located on the high-visibility Richmond Road corridor in Staten Island. The property features approximately 2,125 SF of ground-floor retail space and a spacious 4-bedroom, 2-bathroom residential unit above. Retail space is projected to achieve approximately $7000/mo market rent, while the residential unit may qualify for housing voucher programs providing stable income potential. The property is currently owner-occupied and may be delivered vacant at closing, offering flexibility for investors or owner-users. Conveniently located near the Staten Island Expressway, Verrazzano-Narrows Bridge, and public transportation.
Mixed-use investment or owner-user opportunity located on the high-visibility Richmond Road corridor in Staten Island. The property features approximately 2,125 SF of ground-floor retail space and a spacious 4-bedroom, 2-bathroom residential unit above. Retail space is projected to achieve approximately $7000/mo market rent, while the residential unit may qualify for housing voucher programs providing stable income potential. The property is currently owner-occupied and may be delivered vacant at closing, offering flexibility for investors or owner-users. Conveniently located near the Staten Island Expressway, Verrazzano-Narrows Bridge, and public transportation.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,375 SF
Building Class
C
Year Built
1958
Price
$1,506,784 CAD
Price Per SF
$446.45 CAD
Cap Rate
10.79%
NOI
$162,607 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.06 AC
Zoning
R3A C2 - R3 - Low density residential district
Frontage
25’ on Richmond Rd
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 02882-0043 | Improvements Assessment | $67,360 CAD |
| Land Assessment | $11,777 CAD | Total Assessment | $79,137 CAD |
Property Taxes
Parcel Number
02882-0043
Land Assessment
$11,777 CAD
Improvements Assessment
$67,360 CAD
Total Assessment
$79,137 CAD
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