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1267 Forest Ave
Staten Island, NY 10302
Staten Island Shopping Center · Retail Property For Sale
EXECUTIVE SUMMARY
Fully occupied 19-unit, 30,000 sq. ft. shopping center for sale on Staten Island’s busy Forest Avenue. Prime corner location with 254’ frontage, 38 parking spaces, excellent signage, and strong neighboring brands. Gross income: $943K; NOI: $771K; 7.71% cap rate. Ideal for investors, developers, or end-users seeking high visibility and long-term upside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Property Size
27,663 sq ft
Costar Property Class
B
Year Built/Renovated
1989/2025
Price
£7,448,100
Price per sq ft
£269.24
Yield
7.71%
NOI
£574,540
Occupancy Rate
61%
Tenancy
Multiple
Number of Floors
2
Floor To Floor Height
12 ft
Plot ratio
0.73
Total Plot Size
0.87 ac
Use Class
R3-2/C2-1
Parking
46 Spaces (1.66 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- 24 Hour Access
- Banking
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalised Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 01042-0001 | Improvements Assessment | £559,054 |
| Land Assessment | £573,131 | Total Assessment | £1,132,186 |
PROPERTY TAXES
Parcel Number
01042-0001
Land Assessment
£573,131
Improvements Assessment
£559,054
Total Assessment
£1,132,186
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