Precious Properties Corp.
Precious Properties Corp.Phone: (718) 980-7222
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listing
1 of 49
CommercialPending
$6,800,000
933-939 Richmond Avenue
Staten Island, NY 10314
Courtesy of American Homes Group
MLS: Staten Island Board of Realtors
10,796Sq Ft
Est. Mortgage
$35,200/mo

Presenting an exceptional investment opportunity at a prestigious Triple A location. 933-939 Richmond Ave is situated at the bustling intersection of Richmond Avenue and Forest Avenue. This prime commercial property is anchored by the popular IHOP restaurant, ensuring a steady flow of foot traffic and visibility. This property represents a rare opportunity to acquire a high-performing commercial asset in a premier location. With established leases and minimal landlord obligations, it promises both stability and profitability for investors. Key Features: Anchor Tenant: IHOP, a renowned and reliable tenant, drawing consistent customer visits. Triple Net Leases (NNN): All current leases are triple net, providing the owner with minimal management responsibilities as tenants cover property taxes, insurance, and maintenance costs. High Visibility: Situated on a highly trafficked location, this asset benefits from maximum exposure to passing vehicles and pedestrians. Ample Parking: The property boasts a spacious parking lot with 36 parking spaces, accommodating customer and tenant needs comfortably. Strong Financials: Generates a solid Net Operating Income (NOI) exceeding $400,000 annually, reflecting its status as an investment.

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Information courtesy of American Homes Group is subject to verification and is not guaranteed.
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