4114 Victory Blvd BlvdBrooklyn, NY 10314

For Sale
$1,200,000
Three Storefronts, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Staten Island commercial property, located at 4114 Victory Blvd in the Travis-Chelsea neighborhood (zip code 10314), presents a compelling value-add investment opportunity. The building, situated on a 5,000 square foot lot (50ft x 100ft), features three commercial storefronts totaling 2,200 square feet. One storefront is currently leased, generating immediate income. The remaining two storefronts offer significant potential for lease growth. The property benefits from ample on-site parking accommodating over ten vehicles, a valuable asset for tenants and customers. Zoned R3A and C2-1, this mixed-use building allows for diverse occupancy options. Its prime location near Exit 7 of the West Shore Expressway and the Showplace Entertainment Center ensures high visibility and convenient access. The property boasts an 8.97% cap rate and a net operating income (NOI) of $107,591. The asking price is $1,200,000. Owner financing may be considered for qualified buyers. This is a rare opportunity to acquire a well-located, income-producing commercial property with substantial upside potential. The building has one unit in one building. The ceiling height is noted as "Other". The lease expiration date is January 1st, 2000, with no current lease term.

Highlights

  • $1,200,000 asking price for a value-add investment opportunity.
  • Corner commercial building with three storefronts in Staten Island's Travis-Chelsea neighborhood.
  • 5,000 sq ft lot, 2,200 sq ft building, zoned R3A, C2-1.
  • One storefront currently leased, generating immediate income.
  • On-site parking for over 10 cars.
  • Excellent visibility near Exit 7 of the West Shore Expressway and Showplace Entertainment Center.

Property Details for 4114 Victory Blvd Blvd

Property type
Retail properties, Restaurants
Buildings
1
Units
1

Location Insight

City
Brooklyn
County
Staten Island
State
New York
Latitude
40.5914227
Longitude
-74.1908986
4114 Victory Blvd Blvd, Brooklyn, New York

FAQs

What type of property is this?
Retail property - Three Storefronts, High ROI
Where is the retail property located?
The property is located at 4114 Victory Blvd Blvd Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for a value-add investment opportunity.; Corner commercial building with three storefronts in Staten Island's Travis-Chelsea neighborhood.; 5,000 sq ft lot, 2,200 sq ft building, zoned R3A, C2-1.
How can I contact the broker?
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4114 Victory Blvd Blvd
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