Staten Island, NY 10306 95-97 Lincoln Avenue

95-97 Lincoln Avenue Staten Island, NY - Image 195-97 Lincoln Avenue Staten Island, NY - Image 295-97 Lincoln Avenue Staten Island, NY - Image 3
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95-97 Lincoln Avenue Staten Island, NY - Image 495-97 Lincoln Avenue Staten Island, NY - Image 595-97 Lincoln Avenue Staten Island, NY - Image 6
Presented By: Vincent Geraldi with Coldwell Banker Advantage
  • MLS# 2406557
  • 11/27/2024
  • Get pre-approved
  • Request Tour
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  • SQFT • 4,824

Home Details

Income-Producing Property in Prime Grant City Location! Looking for an investment opportunity that checks all the boxes? This package deal in Grant City, Staten Island, offers not one, but two buildings with four separate tenants—each enjoying their own gas and electric meters (no shared headaches here). Each tenant space spans approximately 1,200 square feet, providing plenty of room for business. Built in 1980 and situated on a 4,212-square-foot lot, this property boasts R3-2 zoning and is perfectly positioned in a high-traffic area. Active leases are already in place, with built-in yearly rent increases for consistent growth. Add a strong 7.25 cap rate to the mix, and you'll see why this is an investment worth serious consideration. Location? It doesn't get better. The property is steps away from public transportation, including the S51 and S81 buses and the Staten Island Railroad. Whether you're a seasoned investor or just diving into the market, this property lets you start earning immediate returns after closing. With tremendous income potential and all the groundwork already laid, why wait? Schedule a viewing today!
Presented By: Vincent Geraldi with Coldwell Banker Advantage

Interior Features for 95-97 Lincoln Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Heating Y/NYes
Total Stories2

General for 95-97 Lincoln Avenue

Additional Parcels Y/NNo
Carport Y/NNo
CityStaten Island
Construction MaterialsBlock
CountyRichmond
Electric220 Volts
Electric On Property Y/NNo
Gross Income170100.0
HeatingHot Water, Natural Gas
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4212.0
Lot Size UnitsSquare Feet
MLS AreaGrant City
MLS Area MinorGrant City
MobileHomeRemainsYNNo
ModificationTimestamp2024-11-28T00:38:21Z
Net Operating Income125100.0
New ConstructionNo
Operating Expense45000.0
Property SubtypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
Senior CommunityNone
SewerCity
Standard StatusActive
StatusActive
Tax Annual Amount33458.0
Tax Lot0135
Year Built1980
Year Built DetailsApprox
ZoningR3-2 / C1

Exterior for 95-97 Lincoln Avenue

Building Area Total4824.0
ConditionExcellent
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions36x117
Lot Size Acres0.1
Lot Size Area4212.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesPrivate
SpaNo
Total Parking6.0

Additional Details

Price History

Lucy Badwan

NYS Licensed Real Estate Broker-Owner.
Price $1,750,000
MLS#2406557
List Date 11/27/2024
Property Type Commercial
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