UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Dongan Hills
MLS Listing ID 857014
Rental Info No
Annual Tax Amount $81,791
Property Sub-Type Business
Source onekey2
Property Description
Income:
1674. Cantina Valencia (2,578 Sqft.): $98,880 Ann.; Lease Exp.: 2/28/32. Tenant Pays Their Share Of Taxes.
1684. Storefront (13,000 Sqft.): $585,000 Ann. (Available)
1688. Storefront (1,200 Sqft.): $60,000 Ann. (Available)
1692. R & C Variety Corp. (1,000 Sqft.): $43,470 Ann. Lease Exp.: 9/30/32. Tenant Pays Their Share Of Taxes.
1694. Torino Pizza (900 Sqft.): $45,593 Ann.; Lease Exp.: 6/30/31. Tenant Pays Their Share Of Taxes.
1696. Yafei Deli (1,340 Sqft.): $50,058 Ann.; Lease Exp.: 12/31/30. Tenant Pays Their Share Of Taxes.
Pro Forma Gross Income: $883,001 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $0 Ann.
Insurance: $8,386 Ann.
Taxes: $81,791.20 Ann.
Total Expenses: $90,427.20 Ann.
Tax Rebate (Paid By The Stores): $53,716.92 Ann.
Net Operating Income (NOI): $846,290.72 Ann. (Pro Forma 13.02% Cap!!!)
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Location
State NY
County Richmond (staten Island)
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Phone Connected, See Remarks
Total Parking Spaces 32
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.