585 N Gannon Ave, Staten Island, 10314

REDUCED 5% Commercial - Commercial For Sale in Westerleigh


MLS® #: 1123659

Prime office/retail building 11,740sqft, located right off Staten Island Expressway, great highway visibility. Parking for 40 cars. First floor beautifully finished office space, well mixed private offices, executive offices, board room and open space to accommodate multiple cubicle arrangements. 3 bathrooms and a kitchen. First floor is available for owner user or for lease with option to buy. Many possible uses, from offices, medical offices, urgent care, banking, or law offices. The second floor space is 100% occupied by four tenants, each with annual rent increases and staggered lease expirations. The 3800sqft lower level is 100% occupied by the Amazing Escape Room. Lease recently renewed for an additional 5 years. Aggressively priced at 6.5% cap rate fully rented. Replacement cost witReplacement cost without the land is higher than the asking price.

Price & Status History

Date Details
Price Reduced from $3,275,000 to $3,125,000
Price Reduced from $3,480,000 to $3,275,000

Essential Information

MLS® #: 1123659
Price: $3,125,000
Square Footage: 11,740
Year Built: 1987
Type: Commercial
Sub-Type: Commercial
Status: Active

Community Information

Address: 585 N Gannon Ave
Area: Westerleigh
Subdivision: Westerleigh
City: Staten Island
County: Richmond
State: NY
Zip Code: 10314


Parking Spaces: 40
Parking: Private


Heating: ForcedAir
Cooling: Central
# of Stories: 2


Roof: Flat
Construction: Concrete Block, Steel

Additional Information

Zoning: C1-1

Listing Details

Listing Office: Realty Executives Metro


$/SqFt: $266

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Listing information is provided by the Staten Island Multiple Listing Service, Inc.