88 Barker StStaten Island, NY 10310

  • Auto shops
  • 3,560 SF
For Lease
$2/SF/YR View listing

Property Details for 88 Barker St

Year built
1931
Lot size
0.17 AC
Property size (Sq ft)
3,560 SF
Zone code
R3A
Property type
Auto shops
APN
00198-0113
APU
1980113

Description

This exceptional commercial land offering in Staten Island, New York presents a unique investment opportunity. Located at 88 Barker Street, Richmond County, zip code 10310, this property encompasses a total of 8,000 square feet. The site is currently divided into two 4,000 square foot parcels, offering flexibility for potential buyers or tenants. Each 4,000 square foot parcel is available for lease at a monthly rate of $2,000, with both short-term and long-term lease options considered. Alternatively, the entire 8,000 square foot lot can be leased for $4,000 per month. This property is ready for immediate occupancy. The property's location in Staten Island provides convenient access to major transportation routes and a thriving local business community. This is an ideal location for businesses seeking a prominent presence in a dynamic market. The single-tenant configuration offers simplicity and control, making it an attractive option for a variety of commercial uses. Serious inquiries are encouraged to explore the possibilities of this prime commercial land parcel. The property is zoned for commercial use (verification of zoning with relevant authorities is recommended). This presents a rare chance to secure a substantial commercial land holding in a desirable Staten Island location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $865,204
    6.5%
    $798,650
    7%
    $741,604
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,172,177
    Geo Method
    $1,172,177
  • Alternative Use

    Use
    Valuation
    Residential
    $673,691
    Hospitality
    $617,098
    Educational
    $513,418
    Medical
    $531,075
    Retail
    $798,650
88 Barker St, Staten Island, New York

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.635
Longitude
-74.1217
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
$13,832
$76,500
$54,090
$130,590
-
$170,000
$171,000
$341,000

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