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97 Victory Blvd
Staten Island, NY 10301
Multifamily Property For Sale
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4 Units
Investment Highlights
- High Traffic Area
- 421-A Expires in 11 years
- Incredibly well Maintained
- Built 2009
- Fully occupied
Executive Summary
97 Victory Blvd, built in 2009, is a below-replacement-cost, clean as-is mixed-use in the heart of St. George: 1 ground-floor retail storefront + 4 apartments upstairs + a community-facility lower level used by the restaurant for storage. The building is well-maintained with no deferred maintenance and benefits from a remaining 421-a tax abatement(expiring in 2036) that lowers operating expenses and gives a clear forecast for future expenses. High-visibility Victory Blvd frontage, steady commuter/neighbor foot traffic, and walk-to-Ferry/courts location support durable cash flow. Upside is straightforward: preserve the stable restaurant income, mark apartments to market through light refreshes, and let the tax benefit enhance yield.
Property Facts Under Contract
Property Taxes
| Parcel Number | 00023-0055 | Improvements Assessment | $342,414 CAD |
| Land Assessment | $42,862 CAD | Total Assessment | $385,275 CAD |
Property Taxes
Parcel Number
00023-0055
Land Assessment
$42,862 CAD
Improvements Assessment
$342,414 CAD
Total Assessment
$385,275 CAD
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