7335 Amboy RdStaten Island, NY 10307

  • Retail residential properties
  • 9,224 SF
For Sale
$1,800,000 View listing

Property Details for 7335 Amboy Rd

Year built
1959
Lot size
0.14 AC
Property size (Sq ft)
9,224 SF
Zone code
R3A
Property type
Retail residential properties
APN
08043-0017
APU
80430017

Description

This exceptional mixed-use property at 7335 Amboy Road, Staten Island, presents a lucrative investment opportunity. The 9,224 square foot building, constructed in 1959, sits on a 6,299 square foot lot and is zoned C1-1. The two-story structure boasts a desirable storefront configuration, currently housing two leased retail spaces, generating immediate income. Adding to its appeal are two three-bedroom apartments, providing additional rental potential. A full basement offers ample storage space. The property's prime south shore location is further enhanced by the inclusion of a convenient rear parking lot, a significant advantage in this area. The building consists of one structure with a total of one unit. This turnkey investment is offered at $1,800,000 and represents a rare chance to acquire a well-established, income-producing asset in a thriving Staten Island neighborhood. The property's strong tenant occupancy and strategic location make it an ideal addition to any portfolio seeking consistent cash flow and long-term appreciation. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,891,003
    6.5%
    $1,745,542
    7%
    $1,620,860
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,868,072
    Geo Method
    $1,868,072
  • Alternative Use

    Use
    Valuation
    Residential
    $1,745,542
    Hospitality
    $1,598,907
    Educational
    $1,330,272
    Medical
    $1,376,022
    Retail
    $2,069,311

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.5112
Longitude
-74.2419
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$34,738
$52,650
$275,310
$327,960
-
$117,000
$737,000
$854,000

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