2212 Victory BlvdStaten Island, NY 10314

  • Retail residential properties
  • 21,506 SF

Property Details for 2212 Victory Blvd

Year built
1974
Lot size
0.75 AC
Property size (Sq ft)
21,506 SF
Zone code
R3-2
Property type
Retail residential properties
APN
00735-0081
APU
7350081

Description

This exceptional 2,200 square foot retail space is ideally situated at 2212 Victory Boulevard in the vibrant Westerleigh neighborhood of Staten Island, New York. The property is a single-tenant space, perfect for a restaurant, bar, or other retail business seeking high visibility and foot traffic. Its location between Caramel Avenue and Sheraden Avenue ensures excellent accessibility, with convenient proximity to major bus lines including the S92, S93, and S62. This prime location offers unparalleled exposure to a dense population and a thriving commercial area. The property benefits from a strong concentration of established businesses in close proximity, including 7-Eleven, Starbucks, Northfield Bank, Burger King, Dunkin', CVS, Citibank, Tim Hortons, Dairy Palace, and Island Kosher, creating a synergistic environment and attracting a significant customer base. The property is classified as Retail, Restaurant, and Special Purpose, offering flexibility for a variety of uses. The property's address is 2212 Victory Boulevard, Staten Island, NY 10314, within Richmond County. This is a rare opportunity to secure a highly desirable retail space in a bustling commercial area with excellent visibility and strong tenant synergy. The property's size and location make it an ideal investment for businesses seeking to establish a strong presence in a thriving Staten Island community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,408,924
    6.5%
    $4,069,776
    7%
    $3,779,078
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,355,460
    Geo Method
    $4,355,460
  • Alternative Use

    Use
    Valuation
    Residential
    $4,069,776
    Hospitality
    $3,727,893
    Educational
    $3,101,564
    Medical
    $3,208,231
    Retail
    $4,824,654

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6118
Longitude
-74.1371
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
$116,996
$487,890
$616,680
$1,104,570
-
$1,150,000
$1,418,000
$2,568,000

FAQs

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