Listed by REMAX EDGE
$2,700,000
250 Buel Ave for SALE
Details
APN 03538-0090
Property Type Office, Retail
Sub Type Convenience Store, Storefront
Square Footage 7,200
Net Rentable (SqFt) 3,600
Units 4
Cap Rate 9.54%
NOI $257,500
Occupancy 50%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 9.54%
Pro-Forma NOI $257,500
Price per SqFt $375
Broker Co-Op Yes
Class C
Year Built 1970
Year Renovated 2010
Stories 2
Lot Size (SqFt) 3,600
Zoning R3-2
Investment Type Owner/User
Ground Lease No
Ownership LLC
Office | 9.54% CAP | 7,200 SqFt
Marketing description
250 Buel Ave, Staten Island, NY
Two-story commercial building totaling approx. 7,200 SF (3,600 SF per floor).
The property is partially occupied with the ability to be delivered vacant, offering flexibility for investors or owner-users. The asset provides strong in-place income with clear upside through lease-up and repositioning.
Located in a cannabis-approved zone, the property presents a unique opportunity to capitalize on high-demand retail use.
Investment highlights
Strong $300K+ gross potential
High-margin asset with low expenses (~14%)
Value-add opportunity through lease-up of vacant units
Cannabis-approved location → premium tenant demand
Flexible delivery (income-producing or vacant)
Ideal for investor or owner-user
Listing Contacts
Listed by REMAX EDGE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$257,500.00
$21,458.33/mo
Valuation Metrics
0
DSCR
9.54%
Cap Rate
9.54%
ROI
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