4164 Victory BlvdStaten Island, NY 10314

Property Details for 4164 Victory Blvd

Year built

1931

Lot size

0.06 AC

Property size (Sq ft)

2,340 SF

Zone code

R3A

Property type

Investment properties

Property subtype

Retail residential properties

APN

02637-0052

APU

26370052

Description

This exceptional mixed-use property at 4164 Victory Boulevard, Staten Island, NY 10314, presents a rare investment opportunity. The 2,340 square foot building sits on a 2,749 square foot lot and is currently vacant, offering immediate occupancy from March 15, 2023. The ground floor boasts a fully equipped restaurant space, complete with a full kitchen, large dining area, and two bathrooms. A sizable basement provides ample storage. Upstairs, a two-bedroom apartment generates a consistent monthly income of $1,850. This owner-user investment is ideally situated on a busy stretch of Victory Boulevard, ensuring high visibility and accessibility. The area is densely populated, providing a strong customer base for the restaurant, and benefits from convenient access to public transportation and the expressway. The asking price is $1,199,000, translating to $512.39 per square foot. Seller financing may be available to qualified buyers. This property offers a unique blend of commercial and residential income streams, making it an attractive proposition for savvy investors seeking a strong return on investment in a thriving Staten Island location.

• CAP approach

  CAP return

  Valuation

  6%

  $479,721

  6.5%

  $442,820

  7%

  $411,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $473,904

  Geo Method

  $473,904

• Alternative Use

  Use

  Valuation

  Residential

  $442,820

  Hospitality

  $405,620

  Educational

  $337,471

  Medical

  $349,078

  Retail

  $524,955

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5907

Longitude

-74.1919

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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