376 Manor RdStaten Island, NY 10314

  • Investment properties
  • 2,010 SF
For Lease
$25/SF/YR View listing

Property Details for 376 Manor Rd

Year built
1960
Lot size
0.04 AC
Property size (Sq ft)
2,010 SF
Zone code
R3X
Property type
Investment properties
Property subtype
Live-work space
APN
00366-0061
APU
3660061

Description

This exceptional 2-story, single-tenant office building, located at 376 Manor Rd., offers 1,000 square feet of immediately available space in a highly desirable location. The building, constructed in 1960, boasts a total of 2,010 square feet and sits on a 0.4-acre lot (1,867 square feet). The property is zoned R3X and is conveniently situated near Keiber Ct. in Richmond County. The building features 220-volt power, but lacks elevators. Parking is not provided on-site. The space is ideal for a variety of professional office uses or medical practices. The lease includes a modified gross structure with a 3% escalation in the second year. The building's floor area ratio (FAR) is 50. This presents a unique opportunity for a business seeking a well-located, adaptable space with potential for growth. The vacant space offers immediate occupancy, allowing for a swift transition into your new location. The property's single-tenant occupancy ensures a streamlined and efficient operational environment. This is a rare opportunity to secure a well-positioned office space in a thriving area. Don't miss out on this chance to establish your business in this convenient and versatile property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $332,313
    6.5%
    $306,750
    7%
    $284,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $262,627
    Geo Method
    $262,627
  • Alternative Use

    Use
    Valuation
    Residential
    $380,371
    Hospitality
    $348,417
    Educational
    $289,879
    Medical
    $299,849
    Retail
    $450,923
376 Manor Rd, Staten Island, New York

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6186
Longitude
-74.1237
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
$3,679
$2,627
$15,690
$18,317
-
$112,000
$669,000
$781,000

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