933-939 Richmond Avenue, Staten Island, NY

$6,800,000

Previous Next

10,796

Square feet

0.60

Acres

About 933-939 Richmond Avenue

Presenting an exceptional investment opportunity at a prestigious Triple A location. 933-939 Richmond Ave is situated at the bustling intersection of Richmond Avenue and Forest Avenue. This prime commercial property is anchored by the popular IHOP restaurant, ensuring a steady flow of foot traffic and visibility. This property represents a rare opportunity to acquire a high-performing commercial asset in a premier location. With established leases and minimal landlord obligations, it promises both stability and profitability for investors. Key Features: Anchor Tenant: IHOP, a renowned and reliable tenant, drawing consistent customer visits. Triple Net Leases (NNN): All current leases are triple net, providing the owner with minimal management responsibilities as tenants cover property taxes, insurance, and maintenance costs. High Visibility: Situated on a highly trafficked location, this asset benefits from maximum exposure to passing vehicles and pedestrians. Ample Parking: The property boasts a spacious parking lot with 36 parking spaces, accommodating customer and tenant needs comfortably. Strong Financials: Generates a solid Net Operating Income (NOI) exceeding $400,000 annually, reflecting its status as an investment.

Features of 933-939 Richmond Avenue

MLS® # 2402768
Price $6,800,000
Bathrooms 0.00
Square Footage 10,796
Acres 0.60
Year Built 1975
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 933-939 Richmond Avenue
Area Graniteville
City Staten Island
County Richmond
State NY
Zip Code 10314

Amenities

Parking Assigned, Private
Has Pool No

Interior

Heating Natural Gas, Other
Fireplace No

Exterior

Exterior Frame, Block
Construction Frame, Block

Additional Information

Date Listed May 15th, 2024
Days on Market 68
Zoning C2-1
Foreclosure No

Listing Details

OfficeAmerican Homes Group

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?