COMMERCIAL
Address: ‎970 Post Avenue
Zip Code: 10302
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$1,950,000
MLS# 505064
English
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$1,950,000 - 970 Post Avenue, Staten Island, NY 10302|MLS# 505064

MLS#‎ 505064
Construction Year1931
Taxes
(per year)
$34,000
Fuel TypeGas
BasementFull basement
ZoningR3A
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房屋英文概況 English Description

Prime Mixed-Use Investment Opportunity. 100% Leased Turn-Key Asset with Cap Rate / ROI: Over 7%. Gross Annual Income: $217,176. An exceptionally stable, high-yield mixed-use property in a high-demand Staten Island location. Built on a commanding 38’ x 100’ footprint spanning 11,400 sq. ft., this fully brick, low-maintenance building is 100% occupied and features a perfectly balanced mix of multi-family housing and long-term retail anchors. Guaranteed Multi-Family Income: 8 fully leased, rent-stabilized apartments (4 two-bedroom and 4 one-bedroom units) providing exceptional tenant retention, predictable rent rolls • Anchored Commercial Storefronts: 2 highly successful retail spaces including a long-term Laundromat ($3,395/mo; 7 years remaining + 5-year option) and a neighborhood Grocery Store ($3,500/mo; 3 years remaining) • 100% Inflation-Protected Compound Growth: Highly rare lease structures where every single residential and commercial tenant in the building has a built-in 3% annual rent escalation clause, guaranteeing compound revenue growth across the entire asset • Strong Net Financials: Gross Income of $217,176/year against low operating expenses of $62,600/year (Taxes: $34k, Utilities/Ins/Maint: $28.6k). Situated on a high-visibility corner with excellent foot traffic, immediate transit access, and strong neighborhood demographics, this turn-key asset is an ideal fit for 1031 exchange buyers or portfolio expansion.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Brooklyn New York Multiple Listing Service. All rights reserved.

Courtesy of Re/Max Real Estate Professiona

公司: ‍718-872-5522




$1,950,000
COMMERCIAL
MLS# 505064
‎970 Post Avenue
Staten Island, NY 10302


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