1086 Forest AveStaten Island, NY 10310

  • Office buildings
  • 5,184 SF
For Lease
$25/SF/YR View listing

Property Details for 1086 Forest Ave

Year built
2009
Lot size
0.12 AC
Property size (Sq ft)
5,184 SF
Zone code
R3-2
Property type
Office buildings
APN
00351-0032
APU
3510032

Description

This fully renovated, two-suite medical office building in Richmond County offers exceptional visibility and high vehicular traffic. The building, totaling 2,600 square feet, features an elevator for convenient access. Each suite is meticulously designed for medical practices, boasting 4-5 exam/office rooms complete with plumbing. Modern reception and waiting areas create a welcoming atmosphere for patients. Both suites include ADA-compliant bathrooms, ensuring accessibility for all. The second-floor suite encompasses 1,400 square feet, featuring 4-5 exam/office rooms, a spacious waiting area, a reception area, and two bathrooms, available for $3,000 per month. The third-floor suite offers 1,200 square feet, including 4 exam/office rooms, a waiting area, a reception area, and one bathroom, leased at $2,500 per month. These turnkey spaces are immediately available, presenting a rare opportunity for medical professionals seeking a prime location with exceptional amenities. The building's strategic location ensures high visibility and convenient access for patients and staff alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $857,070
    6.5%
    $791,142
    7%
    $734,631
  • Comparable approach

    Method
    Valuation
    Relative Method
    $677,341
    Geo Method
    $677,341
  • Alternative Use

    Use
    Valuation
    Residential
    $981,016
    Hospitality
    $898,605
    Educational
    $747,629
    Medical
    $773,341
    Retail
    $1,162,978

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6268
Longitude
-74.1258
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
$34,585
$101,520
$225,000
$326,520
-
$236,000
$536,000
$772,000

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