3974 Amboy RdState Island, NY 10308

  • Investment properties
  • 24,225 SF
For Lease
$69.23/SF/YR View listing

Property Details for 3974 Amboy Rd

Year built
1931
Lot size
0.17 AC
Property size (Sq ft)
24,225 SF
Zone code
R3-1
Property type
Investment properties
Property subtype
Retail residential properties
APN
05143-0035
APU
51430035

Description

This prime Staten Island retail property, located at 3974 Amboy Road, zip code 10308, offers a versatile 1,300 square foot single-tenant space ideal for a variety of businesses. The main retail area boasts over 1,000 square feet of high-visibility storefront space, perfect for showcasing products and engaging customers. A separate 350 square foot office space is located in the rear, providing additional functionality and the potential for subleasing. The entire first floor totals approximately 1300 square feet. Additionally, a smaller 100 square foot office space is available for lease on the second floor. This property is situated in a vibrant Staten Island neighborhood, offering excellent visibility and accessibility. Lease terms require one month's rent and one month's security deposit. This exceptional opportunity is perfect for entrepreneurs seeking a well-located and functional retail space. The property is located in Staten Island County, New York.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,966,344
    6.5%
    $4,584,318
    7%
    $4,256,866
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,906,120
    Geo Method
    $4,906,120
  • Alternative Use

    Use
    Valuation
    Residential
    $4,584,318
    Hospitality
    $4,199,210
    Educational
    $3,493,694
    Medical
    $3,613,847
    Retail
    $5,434,634

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.5506
Longitude
-74.1501
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
$126,824
$114,750
$1,082,610
$1,197,360
-
$255,000
$3,003,000
$3,258,000

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