The West Shore Retail Plaza | 639 Veterans Rd W
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The West Shore Retail Plaza 639 Veterans Rd W
6,950 SF 100% Leased Retail Building Staten Island, NY 10309 £2,370,029 (£341/SF) 6% Net Initial Yield
Executive Summary
Seize the chance to own a fully occupied 7000sf retail strip center with a strong cap rate exceeding 6%. Located on Staten Island's South Shore, this block building constructed in 2008 offers a relatively low maintenance high yield investment. The site is easily accessible located off Bloomingdale's Rd exist off of NY-440. Property has a coveted C8-1 zoning. It's not easy to find a retail strip center in Staten Island's commercial market. Don't miss this opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,950 SF
Building Class
C
Year Built
2008
Price
£2,370,029
Price Per SF
£341
Net Initial Yield
6%
NOI
£142,202
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Slab to Slab
12 ft
Building FAR
0.32
Land Acres
0.50 AC
Zoning
C8-2 - Permits All Retail Uses
Parking
22 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
251 ft on Veterans Road West
PROPERTY TAXES
| Parcel Number | 07100-0016 | Improvements Assessment | £92,076 |
| Land Assessment | £264,851 | Total Assessment | £356,927 |
PROPERTY TAXES
Parcel Number
07100-0016
Land Assessment
£264,851
Improvements Assessment
£92,076
Total Assessment
£356,927
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The West Shore Retail Plaza | 639 Veterans Rd W
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