12 Cross StStaten Island, NY 10304

Property Details for 12 Cross St

Year built

2008

Lot size

0.04 AC

Property size (Sq ft)

4,376 SF

Zone code

C4-2

Property type

Investment properties

Property subtype

Live-work space

APN

00492-0010

APU

4920010

Description

This exceptional mixed-use property at 12 Cross St, Staten Island (Richmond County, NY 10304) presents a lucrative investment opportunity. The building, constructed in 2008, boasts a total of 4,376 square feet across three stories, situated on a 1,875 square foot lot (APN: 00492-0010). The first floor comprises a retail storefront/office space, ideal for a variety of businesses, given its C4-2 zoning. Adding significant value are two residential units, each a two-bedroom, one-bathroom apartment, located on the second and third floors, providing consistent rental income. The asking price is $1,299,999, translating to $297.07 per square foot. This well-maintained building offers a blend of commercial and residential income streams, making it an attractive prospect for investors seeking a strong return on investment in a desirable Staten Island location. The property's convenient location and versatile zoning make it a highly sought-after asset. This is a single-building, single-unit property.

• CAP approach

  CAP return

  Valuation

  6%

  $723,484

  6.5%

  $667,831

  7%

  $620,129

• Comparable approach

  Method

  Valuation

  Relative Method

  $571,768

  Geo Method

  $571,768

• Alternative Use

  Use

  Valuation

  Residential

  $828,110

  Hospitality

  $758,545

  Educational

  $631,100

  Medical

  $652,805

  Retail

  $981,712

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.6276

Longitude

-74.0756

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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