Empire Business Management LLC
Listed by Empire Business Management LLC
$1,150,000
535 Vanderbilt Avenue
Details
Property Type Retail
Sub Type Gas Station, Other
NOI $66,932
Year Built 1931
Buildings 1
Zoning G3
Retail
Marketing description
Prime gas station/C-store property for sale at 535 Vanderbilt Ave in Staten Island. This G3-zoned, income-producing corner lot sits on an irregular 0.17 acres with no violations and features double-walled fiberglass gas tanks. The property generates $89,112 in annual rental income with a Net Operating Income of $66,932. The tenant has 6 years remaining on the lease plus a 5-year renewal option. Owner pays property taxes of $18,179.08 and property insurance of $4,000 annually, while the tenant covers all utilities. Strong, established operator running both the gas station and convenience store. Excellent long-term investment opportunity with stable cash flow.
Listing Contacts
Empire Business Management LLC
Listed by Empire Business Management LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,932.00
$5,577.67/mo
Valuation Metrics
0
DSCR
5.82%
Cap Rate
5.82%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
