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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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