| Description: 3342351 |
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PRIME INVESTMENT OPPORTUNITY ON HYLAN BLVD! Turnkey commercial property located on one of Staten Island`s busiest and most highly trafficked commercial corridors. Lot size 18x120, Building size 16x60. A massive premium for the area: includes 6 private parking spaces. Currently tenant-occupied by an established, operating Chinese-Vietnamese restaurant delivering immediate, stable cash flow. Current rent is $3,200/month with a built-in 3% annual escalation, offering a great hedge against inflation. Exceptionally low property taxes of only $7,013/year maximize your ROI. Excellent visibility, high vehicle count, and zero vacancy. Perfect for investors or those looking to secure a reliable, inflation-protected asset. Contact us today to schedule a private showing or for more information! |
Details: |
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Property Type: |
Commercial |
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Built: |
1986 |
Financials: |
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Price: |
$550,000 |