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2655 Richmond Ave - Highly Profitable Landmark restaurant/event

642,018 SF Specialty Building Offered at $399,000 in Staten Island, NY 10314

Investment Highlights

  • Classy Multi-Story Venue: A chic bar, restaurant, and event space with a 200-seat capacity, offering a stylish and exclusive setting for dining and ga
  • Extensive Renovation: Recently renovated with over $1 million invested in new equipment, fixtures, and furnishings, creating a meticulously designed a
  • Expansion Opportunity: Massive potential for growth with the option to acquire an additional floor for event functions, maximizing hosting capabilitie
  • Unique Rooftop Terraces: The only venue in the area boasting two rooftop terraces, providing guests with a memorable ambiance alongside Michelin-level
  • Prime Event Destination: Attracts Fortune 500 corporate events on weekdays and elegant weddings on weekends, showcasing significant revenue potential
  • High-Traffic Location with Ample Parking: Located in a high-traffic area with unlimited parking, a long-term under-market lease, and a full basement f

Executive Summary

Classy and Chic multi story Bar, Restaurant, and Event space with 200 seat capacity. It is the only venue in the area with two rooftop terraces coupled with Michelin level Italian cuisine. Recently renovated and meticulously designed spending over $1M which includes all new equipment, fixtures, and furnishes. Unmatched tailored atmosphere attracts Fortune 500 Corporate Events on weekdays and beautiful weddings on the weekends. Massive potential in event / catering is ready for new owners to capture with the opportunity to acquire another floor for event functions.
This is a special destination in high traffic location with unlimited parking. Long term under-market lease in place.
Features a full basement for all storage needs.
This is a turn-key opportunity with a new owner making large profits for years to come.

Property Facts

Price $399,000
Price Per SF $1
Sale Type Investment or Owner User
Sale Conditions Business Value Included
Property Type Specialty
Property Subtype Parking Garage
Building Class B
Building Size 642,018 SF
No. Stories 3
Year Built 2018
Parking Ratio 2.34/1,000 SF

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02400-0180
Land Assessment
$13,326,300
Improvements Assessment
$74,916,000
Total Assessment
$88,242,300

zoning

Zoning Code C4-1
C4-1
  • Listing ID: 29978231

  • Date on Market: 11/6/2023

  • Last Updated:

  • Address: 2655 Richmond Ave, Staten Island, NY 10314

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