4553 Arthur Kill RdStaten Island, NY 10309

Property Details for 4553 Arthur Kill Rd

Year built

2010

Lot size

0.48 AC

Property size (Sq ft)

6,447 SF

Zone code

R3-2

Property type

Retail space

APN

07596-0250

APU

75960250

Description

This exceptional 1,840 square foot retail space, situated in a convenient South Shore Staten Island location, presents a fantastic opportunity for a discerning entrepreneur. Currently vacant, this single-tenant property is an end cap unit within a retail strip center, offering excellent visibility and ample parking for customers. The building is a single-story structure, totaling 1,840 square feet, making it ideal for a variety of retail or restaurant concepts. Previously occupied as a restaurant, the space boasts all the necessary kitchen equipment and fixtures, representing a significant cost savings for a new tenant. The asking price includes $125,000 in key money, covering the existing equipment and fixtures. Located in Richmond County, this property benefits from high traffic counts and a strong local customer base. The turnkey nature of this space, combined with its prime location and included equipment, makes it an exceptional investment opportunity. This is a rare chance to acquire a fully equipped, ready-to-operate commercial space in a desirable area, minimizing start-up costs and maximizing potential for immediate revenue generation. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,566,846

  6.5%

  $1,446,320

  7%

  $1,343,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,122,760

  Geo Method

  $2,122,760

• Alternative Use

  Use

  Valuation

  Residential

  $1,220,024

  Hospitality

  $1,117,536

  Educational

  $929,777

  Medical

  $961,753

  Retail

  $1,446,320

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5321

Longitude

-74.2395

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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