PRIME INVESTMENT OPPORTUNITY ON HYLAN BLVD! Turnkey commercial property located on one of Staten Island's busiest and most highly trafficked commercial corridors. Lot size 18x120, Building size 16x60. A massive premium for the area: includes 6 private parking spaces. Currently tenant-occupied by an established, operating Chinese-Vietnamese restaurant delivering immediate, stable cash flow. Current rent is $3,200/month with a built-in 3% annual escalation, offering a great hedge against inflation. Exceptionally low property taxes of only $7,013/year maximize your ROI. Excellent visibility, high vehicle count, and zero vacancy. Perfect for investors or those looking to secure a reliable, inflation-protected asset. Contact us today to schedule a private showing or for more information!
| MLS # | 502224 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 104 |
| Listing Provided By | Tiger Realty | Xu (Susan) Chen |
| SQ Feet | 960 |
|---|---|
| Story(s) | 1 |
| Zoning | R3-1 |
| Heating Fuel | Gas |
|---|
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Poured Concrete |
| Parking Attributes | 6+ Spaces |
|---|---|
| Parking Feature Single | Private Drive |
| Utilities | Gas |
|---|---|
| Electric | 110 V, 220 V |
| Tax Amount | 7013.00 |
|---|
| State | NY |
|---|---|
| County | Staten Island |
| City | Staten Island |
| Zip Code | 10308 |
| Area | Staten Island |
| Subarea | Eltingville |
| Listing VS Median (in 10308) | |
Price: $550,000 low | high Med: $786,900 sqft: 960 low | high Med: 2,100 $ / sqft: $573 low | high Med: $375 On site: 104 low | high Med: 15 | |
| State | NY |
|---|---|
| County | Staten Island |
| City | Staten Island |
| Zip Code | 10308 |
| Area | Staten Island |
| Subarea | Eltingville |
| Listing VS Median (in 10308) | |
Price: $550,000 low | high Med: $786,900 sqft: 960 low | high Med: 2,100 $ / sqft: $573 low | high Med: $375 On site: 104 low | high Med: 15 | |