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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 942293
Rental Info No
Year Built 1931
Annual Tax Amount $18,179
Property Sub-Type Other
Source onekey2
Property 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.
Location
State NY
County Richmond (staten Island)
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Empire Business Management LLC • Hassan Mahmood
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