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The West Shore Retail Plaza 639 Veterans Rd W

6,950 SF 100% Leased Retail Building Staten Island, NY 10309 $2,999,999 ($432/SF) 6% Cap Rate

Executive Summary

Seize the chance to own a fully occupied 7000sf retail strip center with a strong cap rate exceeding 6%. Located on Staten Island's South Shore, this block building constructed in 2008 offers a relatively low maintenance high yield investment. The site is easily accessible located off Bloomingdale's Rd exist off of NY-440. Property has a coveted C8-1 zoning. It's not easy to find a retail strip center in Staten Island's commercial market. Don't miss this opportunity.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,950 SF
Building Class
C
Year Built
2008
Price
$2,999,999
Price Per SF
$432
Cap Rate
6%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.32
Lot Size
0.50 AC
Zoning
C8-2 - Permits All Retail Uses
Parking
22 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
251 FT on Veterans Road West

Nearby Major Retailers

Chase Bank
Orangetheory Fitness
Starbucks
Flagstar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07100-0016
Land Assessment
$335,250
Improvements Assessment
$116,550
Total Assessment
$451,800
  • Listing ID: 33675561

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 639 Veterans Rd W, Staten Island, NY 10309

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