2550/2560 Richmond Ter, Staten Island, NY
$7,000,000
Elm Park - Commercial - 10303
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15,142
Building Sqft
22,550
Lot Sqft
About 2550/2560 Richmond Ter
Incredible opportunity for an investor to own 2 massive lots totaling 22,550 square feet, right on Richmond Terrace in the heart of Elm Park. The land is currently occupied by a pair of auto body shops, and is being rented out by Caliber Collisions for $15,500 per month -- as well as a smaller unit, which is occupied by Bones Auto Body, and goes for $2500 per month. Caliber Collisions occupies 3 units between both buildings and is currently 3 years into a 10 year long true, triple net lease. This lease includes a 5% increase every 5 years as well as two 5 year options to renew with the same terms. Total rent roll for the building is $15,142. Both 2550 & 2560 Richmond Terrace are on separate lots but are being sold together. All inquiries and showings thru listing agents.
Facts & Features
| Street No. | 2550/2560 |
|---|---|
| Street Name | Richmond |
| County | Richmond |
| City | Staten Island |
| State | NY |
| Zip Code | 10303 |
| Area Name | Elm Park |
| List Price | $7,000,000 |
| Sub Type | Commercial |
| Zoning | M3-1 |
| Block | 01150 |
| Lot | 37/41 |
| Stories | 2 |
| Year Built | 1931 |
| Taxes | $36,212 |
| Lot Size SQFT | 22,550 |
| Lot DIM | 70 X 164 AND 150 X 74 |
| Irregular | Yes |
| Air Conditioner | Central |
| Gross Income | $216,000 |
| Net Income | $216,000 |
| Heat Source | Gas |
| Heat System | HotWater |
| Electric | 220 |
| Parking | Street, Public, Private |
| Building total SQFT | 15,142 |
| # of Garages | 6 |
| # of Commercial Units | 4 |
| Electric Meters | Mixed |
| Gas Meters | Mixed |
| Sewer | City |
| Features | Other, Garage/Service Station, Office/Warehouse |
| Building Available SQFT | 15,142 |
| Sprinklers | No |
| Construction | Concrete Block |