1257-1267 Forest Ave
27,663 SF 100% Leased Retail Building Staten Island, NY 10302 £7,994,551 (£289/SF) 6.70% Net Initial Yield



EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
£690,791
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£24.97
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
£690,791
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£24.97
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Taxes |
-
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-
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Operating Expenses |
-
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-
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Total Expenses |
£152,905
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£5.53
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Net Operating Income |
£537,886
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£19.44
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PROPERTY FACTS
AMENITIES
- Bus Route
- Freeway Visibility
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Local smoke shop and convenience store in State Island, NY since 2020.
At Exquisite Touch Spa, they are passionate about helping their clients achieve their beauty and wellness goals. Their team of experienced and licensed estheticians, Lori and Raven, are dedicated to providing each client with personalized service and attention to detail, to ensure that they achieve the best possible results. They believe that everyone deserves to feel confident and empowered in their own skin, and they are committed to helping their clients achieve this through personalized and effective skincare treatments and services. Their philosophy is grounded in promoting overall health and well-being, and they strive to provide their clients with a relaxing and rejuvenating spa experience that promotes balance and wellness. With state-of-the-art technology and advanced skincare techniques, they are proud to offer a wide range of services and treatments that are customized to help each client look and feel their best.
They're a Japanese Restaurant specializing in Teriyaki and sushi dishes in a relaxed setting. They provide high quality convenient take-out and delivery at affordable prices. Quick Grill Japan has friendly service with convenient hours Monday to Sunday. Whether its Online ordering through our website, with their partners at Seamless, Grub Gub, EAT24, Doordash or just by phone you can choose from pick-up, eat-in or delivery, they will always surely provide the most convenient way for you to have a pleasurable dining experience.
Family-operated, local pharmacy serving the Staten Island, NY area since 2018.
Verizon has work because their customers value their high-quality communications services. They deliver superior customer experiences through their products and their actions. Everything they do, they build on a strong network, systems and process foundation. The quality and reliability of the products they deliver are paramount. Customers pay them to provide them with services that they can rely on. They focus outward on the customer, not inward. They make it easy for customers to do business with them, by listening, anticipating and responding to their needs. They know their products and can explain them to customers. They focus on fundamental execution. They are accountable and they follow through with a sense of urgency. They know that having the highest ethical standards is a competitive advantage.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Exotic Convenience & Smoke Shop | Retailer | - | - | - | - | |
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Service type | - | - | Negotiable | - | |
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Accommodation and Food Services | - | - | - | - | |
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Retailer | - | - | Modified Gross | - | |
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Information | - | - | - | - |
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 01042-0001 | Improvements Assessment | £693,314 |
Land Assessment | £597,263 | Total Assessment | £1,290,577 |