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7 unit Mixed-use Building over 6 cap 868 Post Ave

5,160 SF 100% Leased Retail Building Staten Island, NY 10310 $2,499,999 ($484/SF) 6.23% Cap Rate

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Investment Highlights

Heavy traffic area
Relatively newly constructed building
Multiple rental units

Signalized intersection
Front parking lot - rare on North Shore of Staten Island

Executive Summary

Almost new 7-unit mixed use building at a busy, signalized intersection in Port Richmond. The property features five retail stores, two 3-bedroom apartments and a front parking lot. This fully leased building offers a strong cap rate over 6 percent. Excellent location minutes from 440N and Bayonne bridge. Suitable for investor looking for strong rental income from a fairly new property.

868 Post Ave Flyer