2777 Arthur Kill RdStaten Island, NY 10309
- Retail properties
- 1,500 SF
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
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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