386 Van Duzer

386 Van Duzer Street, Staten Island, NY 10304

386-388 Van Duzer Street, Staten Island, NY presents a premier mixed-use investment opportunity consisting of two separate income-producing buildings situated on one tax lot in one of Staten Island's most rapidly transforming commercial corridors. This exceptional asset combines stable cash flow, diversified income sources, and significant long-term appreciation potential, making it an ideal acquisition for investors seeking both immediate returns and future value creation. The property features a well-balanced mix of commercial and residential tenants, providing income stability while offering substantial opportunities for future revenue growth. At 388 Van Duzer Street, the first floor and full basement are leased to an established church generating Four Thousand Six Hundred dollars per month. The upper levels include two spacious three-bedroom, one-bath apartments, each producing Two Thousand Nine Hundred dollars per month in rental income. At 386 Van Duzer Street, the first-floor commercial space is occupied by a music studio with monthly rental income of One Thousand Eight Hundred dollars. The second floor consists of two separate one-bedroom apartments currently rented for Two Thousand Five Hundred Fifty dollars and One Thousand Three Hundred dollars per month. The lower-rent apartment presents immediate value-add potential through future rental adjustments, allowing a new owner to increase net operating income and overall asset value. The property currently generates a gross monthly income of Sixteen Thousand Fifty dollars, resulting in an annual gross income of One Hundred Ninety-Two Thousand Six Hundred dollars. Its diversified tenant mix of commercial and residential uses provides consistent cash flow while reducing investment risk through multiple income streams. Positioned within the rapidly evolving Van Duzer Street corridor, the property benefits from continued neighborhood redevelopment, increasing property values, and strong tenant demand. The location offers convenient access to the Staten Island Ferry, public transportation, major highways, shopping, restaurants, schools, and the expanding North Shore waterfront redevelopment, making it highly desirable for both residential and commercial tenants. This investment offers exceptional value-add potential through strategic rental increases, operational efficiencies, and professional asset management. With several rents remaining below current market levels, investors have the opportunity to significantly enhance net operating income while benefiting from continued appreciation in one of Staten Island's strongest emerging investment markets. Opportunities to acquire a mixed-use asset of this size, quality, and income profile are increasingly rare. 386-388 Van Duzer Street represents a compelling investment combining immediate cash flow, diversified revenue, long-term stability, and substantial upside in a rapidly appreciating location. This is an exceptional opportunity for private investors, family offices, and institutional buyers seeking a high-performing mixed-use asset with strong fundamentals and outstanding future growth potential.