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Investment Highlights

  • Heavy traffic area
  • Corner lot on signalized intersection
  • Multiple streams of income
  • Front Parking Lot
  • Relative new construction

Executive Summary

868 Post Ave is a well-built mixed-use building delivering a strong 6.9% cap rate. The ground floor level features five retail stores (450–600 sf) sized for easy rentals, while the second floor offers two spacious 3-bedroom apartments, currently leased to FHEP programs for stable income. There is upside on the residential rents.
Constructed with block masonry, the building is relatively new (2020) requiring minimal maintenance. A dedicated front parking lot—a rare amenity in this neighborhood—adds significant value to the building and convenience for the retail tenants.
Situated on a high-visibility corner at a signalized intersection in Port Richmond, the corner property benefits from heavy vehicle and foot traffic and offers immediate access to NY-440 and the Bayonne Bridge for easy connectivity to New Jersey.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,160 SF
Building Class
B
Year Built
2020
Price
$3,322,943 CAD
Price Per SF
$643.98 CAD
Cap Rate
6.86%
NOI
$227,990 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.12 AC
Zoning
R3A/C2-1 - Residential with commercial overlay
Parking
7 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
52’ on Jewett Ave

Amenities

  • Bus Line
  • Corner Lot
  • Air Conditioning
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Citizens
Stop & Shop
Key Food
CTown
Chase Bank
Banco Santander
Flagstar
Rent-A-Center
LA Fitness
BCB Bank

Property Taxes

Property Taxes

Parcel Number
00238-0094
Land Assessment
$131,670 CAD
Improvements Assessment
$224,092 CAD
Total Assessment
$355,762 CAD
  • Listing ID: 38610203

  • Date on Market: 2025-12-01

  • Last Updated:

  • Address: 868 Post Ave, Staten Island, NY 10310

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