See all 6 photos
$1,350,000
Est. payment /mo
2,486 SqFt
Active
78-80 Victory BLVD Staten Island, NY 10301
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UPDATED:
02/12/2025 07:22 PM
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,486 sqft
Price per Sqft $543
MLS Listing ID 489198
Year Built 1931
Annual Tax Amount $4,580
Property Sub-Type Mixed Use
Property Description
A Prime Mixed-Use Investment Opportunity in business areas Victory Blvd Excellent location! This one-story, one-family, mixed-use building is situated in the highly desirable Brighton Heights neighborhood, just minutes from the subway station and a busy, high-traffic street. This property is available as a package deal plus next empty lot (80 Victory Blvd), offering a mixed-use building plus an additional empty lot, providing incredible development potential. Building Size: 22' x 75', Zoning: R5 (Potential for expansion or new development) First Floor: Fully operational restaurant tenant, lease active until February 2026. Tenant pays their own water and utilities. Second Floor: Spacious six bedrooms with one and half bathroom apartments , the restaurant Current Rent: $3,000/monthly(lease ends 2/2026), Tenant pays own utilities, second floor current rent:$2050/monthly ( lease ends 8/2025), Expenses: Insurance: ~5,000 annually, water bill 120/ monthly (only for apartment) Tenants pay all utilities separately ,Separate heating & hot water), The adjacent empty lot (24' x 75') is included in this package deal. Zoned R5, allowing the potential to build up to three additional floors for another mixed-use building. Prime location near subway & major bridge, Busy commercial area with strong foot traffic, Income-generating property with future development potential, Turnkey restaurant tenant & stable residential rental income, this is a rare investment opportunity with excellent cash flow and long-term upside. Contact me today for more details or to schedule a private showing!
Location
State NY
County Staten Island
Area St. George
Zoning C2-1
Rooms
Basement Finished, Full
Interior
Interior Features Kitchen, Living Space Available, Other
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Rubber
Building
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge