Staten Island, NY 10304,535 Vanderbilt AVE
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535 Vanderbilt AVE Staten Island, NY 10304


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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 11 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
John Terranova

John Terranova

Agent

+1(631) 495-3323

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535 Vanderbilt AVE