Income-Producing Property in Prime Grant City Location!
Looking for an investment opportunity that checks all the boxes? This package deal in Grant City, Staten Island, offers not one, but two buildings with four separate tenants—each enjoying their own gas and electric meters (no shared headaches here). Each tenant space spans approximately 1,200 square feet, providing plenty of room for business.
Built in 1980 and situated on a 4,212-square-foot lot, this property boasts R3-2 zoning and is perfectly positioned in a high-traffic area. Active leases are already in place, with built-in yearly rent increases for consistent growth. Add a strong 7.25 cap rate to the mix, and you’ll see why this is an investment worth serious consideration.
Location? It doesn’t get better. The property is steps away from public transportation, including the S51 and S81 buses and the Staten Island Railroad.
Whether you’re a seasoned investor or just diving into the market, this property lets you start earning immediate returns after closing. With tremendous income potential and all the groundwork already laid, why wait? Schedule a viewing today!
Property Id : 975291
Price: $ 1,750,000
Property Lot Size: 0 ft2
TaxAnnualAmount: 33458
InternetAutomatedValuationDisplayYN: 1
ListAgentKey: 20221104161708282411000000
StreetNumberNumeric: 9597
ContractStatusChangeDate: 2025-04-28
ListAgentFullName: Vincent Geraldi
InternetAddressDisplayYN: 1
NumberOfBuildings: 2
ListAgentMobilePhone: 917-364-3340
OnMarketDate: 2025-04-28
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20190122211707371755000000
ListAgentLastName: Geraldi
CumulativeDaysOnMarket: 152
TaxLot: 0135
ListingAgreement: Exclusive Right To Sell
StatusChangeTimestamp: 2025-04-28T17:29:47Z
ListAgentFirstName: Vincent
MajorChangeType: Back On Market
NetOperatingIncome: 125100
LotSizeUnits: Square Feet
DocumentsCount: 0
LotSizeSquareFeet: 4212
OwnerName: HITS SI Realty Corp
ListingId: 2406557
YearBuilt: 1980
ListAgentURL: http://VincentGeraldi.com
ListAgentPreferredPhone: 917-364-3340
SourceSystemName: Staten Island Multiple Listing Service
SourceSystemKey: 20241125200616917843000000
OperatingExpense: 45000
StateOrProvince: NY
ListOfficeName: Coldwell Banker Advantage
OriginatingSystemKey: 20241125200616917843000000
VideosCount: 0
PhotosCount: 7
GrossIncome: 170100
ShowingInstructions: Call Agent
ListOfficeURL: cbadvantagenyc.com
ListAgentStateLicense: 10401370863
PhotosChangeTimestamp: 2024-11-27T14:29:00Z
BuildingAreaTotal: 4824
OriginatingSystemName: Staten Island Multiple Listing Service
OriginalListPrice: 1750000
Sewer: City
ListingContractDate: 2024-11-25
StreetSuffix: Avenue
OriginatingSystemID: M00000487
LotSizeDimensions: 36x117
StreetNumber: 95-97
StreetName: Lincoln
Electric: 220 Volts
ListAgentEmail: vingeraldi.cbadvantage@gmail.com
ModificationTimestamp: 2025-04-28T17:31:00Z
ListOfficeMlsId: o11321
MlsStatus: Active
TaxBlock: 03581
LotSizeArea: 4212
SourceSystemID: M00000487
LeasableArea: 0
ParcelNumber: 03581-0135
ListOfficeEmail: info@cbadvantagenyc.com
ListAgentMlsId: 18954
ParkingFeatures: Private
Zoning: R3-2 / C1
DocumentsChangeTimestamp: 2024-11-27T14:29:00Z
Heating: Hot Water,Natural Gas
YearBuiltDetails: Approx
ConstructionMaterials: Block
MajorChangeTimestamp: 2025-04-28T17:29:50Z
Directions: Lincoln Ave between Richmond Road and& N Railroad Ave
MLSAreaMajor: Grant City
DaysOnMarket: 154
ParkingTotal: 6
StoriesTotal: 2
MLSAreaMinor: Grant City
BathroomsTotalDecimal: 0
AddressLegal_co_Section: Mid-Island
ContractLocation_sp_Information_co_SaleLease: Sale
ContractLocation_sp_Information_co_CofO: Yes
General_sp_Property_sp_Info_co_Stories2: 2
General_sp_Property_sp_Info_co_Taxes2: 33458
General_sp_Property_sp_Info_co_Tax_sp_Abated: No
General_sp_Property_sp_Info_co_Lot_sp_Dim: 36x117
General_sp_Property_sp_Info_co_Irregular: No
General_sp_Property_sp_Info_co_Condition: Excellent
Sewer_co_City3: 1
Electric_sp_Meters_co_Individual: 1
Income_sp_Expenses_co_Gross_sp_Income: 170100
Income_sp_Expenses_co_Total_sp_Expense: 45000
Income_sp_Expenses_co_Net_sp_Income: 125100
Gas_sp_Meters_co_Individual2: 1
Electric_co_220: 1
Showing_sp_Instructions_co_Call_sp_Agent: 1
Heat_sp_Source_co_Gas2: 1
Features_co_Other5: 1
Heat_sp_System_co_Hot_sp_Water2: 1
Building_sp_Info_co_Sprinklers: No
Construction_co_Concrete_sp_Block: 1
Parking_co_Private2: 1
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