2777 Arthur Kill RdStaten Island, NY 10309

Property Details for 2777 Arthur Kill Rd

Year built

1970

Lot size

3.99 AC

Property size (Sq ft)

1,500 SF

Zone code

M3-1

Property type

Auto shops

APN

07167-0072

APU

71670072

Description

This exceptional 152,460 square foot industrial land parcel in Staten Island, NY, presents a unique investment opportunity. Located at 2777 Arthur Kill Road, 10309, this single-tenant property is zoned M-2, offering significant flexibility for various industrial uses. The site boasts approximately 3.5 acres of land, making it ideal for large-scale operations or potential subdivision. Its strategic location offers convenient access to major transportation arteries, enhancing logistical efficiency. The property is being offered for lease only, with the owner open to dividing the land to accommodate the right tenant. This is a first-time offering, aggressively priced at $7 per square foot, reflecting a compelling value proposition for prospective tenants. The property's proximity to Broadway Stages and across from Lowe's Plaza further enhances its appeal and potential for synergy with established businesses in the area. Interested parties are encouraged to explore this exceptional opportunity to secure a prime industrial location in a thriving market. The property is situated in Richmond County, New York.

• CAP approach

  CAP return

  Valuation

  6%

  $364,552

  6.5%

  $336,510

  7%

  $312,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $493,895

  Geo Method

  $493,895

• Alternative Use

  Use

  Valuation

  Residential

  $283,859

  Hospitality

  $260,013

  Educational

  $216,328

  Medical

  $223,768

  Retail

  $336,510

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5495

Longitude

-74.2244

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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