99 Water StStaten Island, NY 10304

Property Details for 99 Water St

Year built

1931

Lot size

0.04 AC

Property size (Sq ft)

1,900 SF

Zone code

C4-2

Property type

Retail residential properties

APN

00521-0036

APU

5210036

Description

This exceptional mixed-use building at 99 Water Street in Staten Island's vibrant Stapleton neighborhood presents a unique investment opportunity. Priced at $679,000, this 1,793 square foot property boasts a desirable C4-2 zoning designation, allowing for a variety of commercial uses. The two-story structure offers versatile space, with the second floor accessible from the interior. The building's prime location near Tappen Park ensures high visibility and accessibility. The storefront, approximately 1900 square feet, is currently vacant and ready for immediate occupancy. This presents an ideal opportunity for a variety of businesses, from retail establishments to professional offices. The building's location within Stapleton, a designated redevelopment zone, suggests significant future growth potential. This property offers a blend of established commercial viability and exciting future prospects, making it an attractive investment in a rapidly evolving area of Staten Island, New York, zip code 10304. The building's size and zoning make it suitable for a range of businesses, offering a strong return on investment. Don't miss this chance to own a piece of Staten Island's revitalized commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $389,517

  6.5%

  $359,554

  7%

  $333,872

• Comparable approach

  Method

  Valuation

  Relative Method

  $384,794

  Geo Method

  $384,794

• Alternative Use

  Use

  Valuation

  Residential

  $359,554

  Hospitality

  $329,350

  Educational

  $274,015

  Medical

  $283,439

  Retail

  $426,246

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.6272

Longitude

-74.0773

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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