2550/2560 Richmond Terrace
Staten Island, NY 10303
/ Elm Park
MLS ID# 1153856 Active
Commercial
$7,000,000
Details for 2550/2560 Richmond Terrace, Staten Island NY 10303
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.
Features and Details
- Category Commercial
- Type Commercial
- Area/Neighborhood Elm Park
- County Richmond
- Lot Dimensions 70 X 164 AND 150 X 74
- Lot Size 22550 SqFt
- MLS ID# 1153856
- Building Avail Sqft
- Avail SqFt: 15142
- Warehouse
- Avail SqFt: 0
- Retail
- Avail SqFt: 0
- Sprinklers
- No
- Income
- Gross: 216000.00, Net: 216000.00
- Total Expenses
- 216000.00
- Electric
- 220
- Features
- Garage/Service Station, Office/Warehouse, Other
- Heat
- Gas, Hot Water
- Parking
- Private, Public, Street
- Sewer
- City