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MarketStatus = OnMarket MarketStatus (value) = 0 ExpirationDate = HoursToExpiry =

2200 Arthur Kill Road, Staten Island, NY, USA, 10309

  • Multi Story
  • Posted: 2/6/2024 10:45:35 PM

12480

sqft

1981

Year Built

$7,900,000

View More Details

$5,785,000

Down Payment

$572,000

Net Operating Income

6.43

Cap Rate

M2-1

Zoning

Financing Terms: cash

Gross Land Area: 52000

: 'Rare Opportunity Knocking! Current Projected Cap rate at 6.43% is based Est. $40 sf/yr. , plus 2 cell tower tenants have just renewed their respective leases totaling $73,200 income annually. The retail and office space will be delivered vacant. Easy access to SI expressway and minutes to Outer Bridge, Goethals, Verrazano and Bayonne Bridges. 2200 Arthur Kill currently has a 12480 sqft, high ceiling retail/mezzanine style office building on a 50720 sqft blacktop lot with parking for approx.60 cars. At this time the building can work for retail or warehouse use, with commercial electric and plumbing service installed. Previously used for retail grocery operation. Current zoning as M2-1 and FAR of 2, a maximum build of 101,000 sqft can be obtained with the right build plan. M2-1 covers multiple use groups. Check with your architect for possibilities.... At what price are you a buyer?.....Call today!' Part 2 matterport space -copy and paste in browser- https://my.matterport.com/show/?m=AZ8gSe8u53Y