Martinelli Realty, Inc.
Listed by Martinelli Realty, Inc.
$950,000
24 Ellis Street
Details
APN 08020-0118
Property Type Retail, Industrial
Sub Type Storefront, Manufacturing
Square Footage 5,000
NOI $49,809
Year Built 2004
Buildings 1
Acreage 0.150
Zoning M3-1
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.60
Retail | 5,000 SqFt
Marketing description
Rarely available commercial opportunity on main thoroughfare in the heart of Tottenville. Features 5000 SF of Retail/Commercial and Office Space. Currently used as a Dance Studio on 2nd floor with office space on first floor. This well-maintained building features major mechanical and structural updates that have been meticulously cared for by the current owner. This property offers convenient walking access to multiple public transportation options. One fare zone from Manhattan via the Staten Island Railway. Nestled in one of Staten Island's most charming and limited commercial areas. Don't miss the chance to own/invest in this rare Tottenville opportunity. Current Tenant has a Triple Net Lease Expiring 8/31/27 and Lease is for entire building.
Listing Contacts
Martinelli Realty, Inc.
Listed by Martinelli Realty, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,809.00
$4,150.75/mo
Valuation Metrics
0
DSCR
5.24%
Cap Rate
5.24%
ROI
Map
Zoning
M3-1 IndustrialHeavy Manufacturing
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