Victory Blvd 2 Properties Offered at $1,600,000 in Staten Island, NY
INVESTMENT HIGHLIGHTS
- Prime Location: Situated in the Special St. George District, offering access to vibrant local amenities and convenient public transportation options.
- Development Ready: Vacant lot comes with approved plans, expediting construction. Leverage C4-2 zoning for versatile use opportunities tailored to loc
- Market Insights: Benefit from St. George's growing real estate demand and Staten Island's development momentum, securing investment in a promising gro
- Income Potential: Enjoy existing rental income from the 4 Unit Mix-Use Building, with planned units on the vacant lot enhancing cash flow
- Diversified Portfolio: Experience the synergy of mixed residential and commercial spaces, capturing multiple streams of income and minimizing market f
- Value-Add Opportunity: Optimize property value through strategic renovations and upgrades, positioning both properties for increased income potential.
EXECUTIVE SUMMARY
Prime Properties Unveiled
Introducing a duo of remarkable opportunities that stand poised to redefine your investment strategy. Welcome to the heart of St. George, where 53 Victory Blvd and the adjacent 51 Victory Blvd create a canvas for success.
Property 1: 53 Victory Blvd - A Dynamic Hub
Discover the allure of this charismatic 4 Unit Mix-Use Building, where modernity meets opportunity. Immerse yourself in two 3-bedroom, 1-bath apartments that epitomize contemporary living. On the ground level, two inviting retail units infuse vibrancy and commercial potential. This dynamic blend of residential and commercial spaces leverages the power of C4-2 zoning, offering versatility that sparks imagination. Valued at $850,000 with a Pro-Forma 8.3% CAP, this property unlocks value and promises growth.
Property 2: 51 Victory Blvd - A Canvas for Creation
Adjacent to the bustling 4 Unit Mix-Use Building lies an uncharted canvas of potential. Here, the vacant lot proudly showcases previously approved plans for a 6 Unit Mix-Use Building. Envision two 2-bedroom, 1-bath units, three 1-bedroom units, and a ground-floor commercial space harmonizing to define urban sophistication. Valued at $750,000, with a PPSF Lot of $300, this property welcomes visionary investors ready to script their mark.
Embark on a Journey
Prime Location Beckons: Nestled within the Special St. George District, the community's pulse resonates. Bask in vibrant local amenities and seamless access to public transportation, elevating every aspect of convenience.
Income Streams Await: Reap existing rental income from the 4 Unit Mix-Use Building, while planned units for the vacant lot promise to enhance cash flow, serving as a solid foundation for those seeking consistent returns.
Development-Ready Advantage: With approved plans in hand, the vacant lot accelerates your vision. C4-2 zoning offers versatile possibilities, tailored to fit local demand and future trends.
Diversity Unleashed: Diversification finds its address here. Seamlessly merging residential and commercial domains, seize multiple income avenues while sheltering against market oscillations.
Market Visionaries Wanted: Ride the crest of St. George's real estate resurgence. Capitalize on Staten Island's ongoing evolution, cementing your investment in a thriving, upward trajectory.
Claim Your Chapter
These properties transcend bricks and mortar; they embody opportunity and potential. The stage is yours to craft. Reshape landscapes, cultivate communities, and pen an investment legacy of distinction. Welcome to the intersection of potential and reality.
Introducing a duo of remarkable opportunities that stand poised to redefine your investment strategy. Welcome to the heart of St. George, where 53 Victory Blvd and the adjacent 51 Victory Blvd create a canvas for success.
Property 1: 53 Victory Blvd - A Dynamic Hub
Discover the allure of this charismatic 4 Unit Mix-Use Building, where modernity meets opportunity. Immerse yourself in two 3-bedroom, 1-bath apartments that epitomize contemporary living. On the ground level, two inviting retail units infuse vibrancy and commercial potential. This dynamic blend of residential and commercial spaces leverages the power of C4-2 zoning, offering versatility that sparks imagination. Valued at $850,000 with a Pro-Forma 8.3% CAP, this property unlocks value and promises growth.
Property 2: 51 Victory Blvd - A Canvas for Creation
Adjacent to the bustling 4 Unit Mix-Use Building lies an uncharted canvas of potential. Here, the vacant lot proudly showcases previously approved plans for a 6 Unit Mix-Use Building. Envision two 2-bedroom, 1-bath units, three 1-bedroom units, and a ground-floor commercial space harmonizing to define urban sophistication. Valued at $750,000, with a PPSF Lot of $300, this property welcomes visionary investors ready to script their mark.
Embark on a Journey
Prime Location Beckons: Nestled within the Special St. George District, the community's pulse resonates. Bask in vibrant local amenities and seamless access to public transportation, elevating every aspect of convenience.
Income Streams Await: Reap existing rental income from the 4 Unit Mix-Use Building, while planned units for the vacant lot promise to enhance cash flow, serving as a solid foundation for those seeking consistent returns.
Development-Ready Advantage: With approved plans in hand, the vacant lot accelerates your vision. C4-2 zoning offers versatile possibilities, tailored to fit local demand and future trends.
Diversity Unleashed: Diversification finds its address here. Seamlessly merging residential and commercial domains, seize multiple income avenues while sheltering against market oscillations.
Market Visionaries Wanted: Ride the crest of St. George's real estate resurgence. Capitalize on Staten Island's ongoing evolution, cementing your investment in a thriving, upward trajectory.
Claim Your Chapter
These properties transcend bricks and mortar; they embody opportunity and potential. The stage is yours to craft. Reshape landscapes, cultivate communities, and pen an investment legacy of distinction. Welcome to the intersection of potential and reality.
DATA ROOM Click Here to Access
- Offering Memorandum
TAXES & OPERATING EXPENSES (PRO FORMA - 2023) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 53 Victory Blvd, Staten Island, NY 10301 | Retail | 3,144 SF | 1900 | - |
| 51 Victory Blvd, Staten Island, NY 10301 | Land | 0.07 AC | - | - |
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