Vacant Retail with Parking at 386 Forest Avenue
FOR SALE
$2,680,000
386 Forest Avenue, Staten Island, NY 10301
3,165 SF
Square Feet
$847
PPSF
Property Description
- 3,165 SF Vacant Retail Building with 6,835 SF of Parking Space.
- 100’ of Frontage along Forest Avenue & 100’ of Frontage along Sharon Avenue Street Light Corner.
- 7,454 AADT – Increased YOY the Last Three Years.
- Former Bank Building.
- S48 Bus Stops Directly Outside the Property at Forest Ave/Sharon Ave.
- One Block to S98 & SIM 30 Bus at Forest Ave/Hart Blvd.
Property Details
Asset Type
Retail
Year Built
2010
Zoning
R3X, C1-2, HS
Lot Size
10,000 SF
Neighborhood
West Brighton
Submarket
Staten Island
ZIP
10301
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$152,455
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$12,705
Annual Debt Service
$152,455
View on Map
Address
386 Forest Avenue
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Staten Island Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.
