About 684 Richmond Road
Can Be Delivered Vacant ! Attention investors and 1031 tax exchange prospects. According to RPR property values in this area have increased by 8.1% in the last 12 months. This corner property has high visibility on one of Staten Island's main throughways and 1 block off SI expressway. Built 1955 updated approx 2008. The current tenants have a consistent rent payment history throughout their tenancy. With an auto leasing office on 1st level updated kitchen and bath rent @$1500 m to m. 2nd level 2 bedrooms with modern kitchen and bath rent @ $1500. M to M. Multiple spaces of Off Street parking and garage. Electric and plumbing have also been updated. It currently generates $36,000 gross annual income which provides a 4.59 cap rate. With new management this property has great upside potential. With the addition of Targee Plaza, you can see this is an up and coming area of Staten Island !
Features of 684 Richmond Road
| MLS® # | 1160302 |
|---|---|
| Price | $629,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,280 |
| Acres | 0.06 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Closed |
Community Information
| Address | 684 Richmond Road |
|---|---|
| Area | Concord |
| City | Staten Island |
| County | Richmond |
| State | NY |
| Zip Code | 10304 |
Amenities
| Parking | Private |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Steam, Natural Gas |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | February 21st, 2023 |
|---|---|
| Days on Market | 322 |
| Zoning | C1-2 |
| Foreclosure | No |
Listing Details
| Office | RE/MAX Elite |
|---|