27 Seguine AveStaten Island, NY 10309

Property Details for 27 Seguine Ave

Year built

1986

Lot size

1.12 AC

Property size (Sq ft)

14,560 SF

Zone code

R3X

Property type

Super regional malls

APN

06681-0015

APU

66810015

Description

This exceptional investment opportunity presents a thriving, established liquor store located at 27 Seguine Avenue, Staten Island, NY 10309. The property boasts 900 square feet of retail space situated on a substantial 48,647 square foot lot within a bustling shopping center featuring ample parking. The business enjoys high visibility and a steady stream of customers, benefiting from its proximity to numerous national retailers. The asking price is $289,000, representing a 0.47% cap rate with a Net Operating Income (NOI) of $135,000. This turnkey operation is considered recession-proof due to the consistent demand for its products. The property's features include a large parking lot for customer convenience and a layout that allows for potential expansion. This represents a rare chance to acquire a well-established, profitable business with significant growth potential in a prime Staten Island location. The ceiling height is noted as "Other," and further details can be provided upon request. This is a truly unique opportunity for a savvy investor seeking a stable and lucrative addition to their portfolio. Don't miss out on this chance to own a piece of Staten Island's thriving retail landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $3,538,588

  6.5%

  $3,266,389

  7%

  $3,033,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,794,072

  Geo Method

  $4,794,072

• Alternative Use

  Use

  Valuation

  Residential

  $2,755,322

  Hospitality

  $2,523,860

  Educational

  $2,099,822

  Medical

  $2,172,038

  Retail

  $3,266,389

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5259

Longitude

-74.2007

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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