88 Barker StStaten Island, NY 10310
- Auto shops
- 3,560 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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