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$9,888,000
66 Days On Site

1257-1267 Forest Avenue
Staten Island, NY 10302

For Sale|Business|Active
0
Beds
0
Total Baths
30,000
SqFt
$330
/SqFt
1990
Built
County:
Richmond (Staten Island)
Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com
1257-1267 Forest Avenue1257-1267 Forest Avenue1257-1267 Forest Avenue1257-1267 Forest Avenue
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Monthly Payment (Est.)

$45,113
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Calling All Investors, Developers & End-Users!!! 100% Occupied 19 Unit 30,000 Sqft. Corner Shopping Center For Sale!!! The Property Is Located In The Heart Of Staten Island On Busy Forest Avenue Minutes From The Dr. M.L.K. Jr. Expy. (Route 440)!!! The Building Features Excellent Signage, Great Exposure, R3-2/C2-1 Zoning, 4 Strategically Placed Curb Cuts, 3 Stories, 38 Parking Spaces, High 12’ Ceilings, All New LED Lighting, CAC+++!!! Neighbors Include Amazon, Fed Ex, UPS, Chase Bank, Citizens Bank, L.A. Fitness, Target, Stop & Shop, ShopRite, T.J. Maxx, CVS, 7-Eleven, Walgreens, Shell, Taco Bell, Sherwin-Williams, Jersey Mike’s, KFC, +++!!! The Property Has 254’ Of Frontage On Forest Avenue + 162’ Of Frontage On Jewett Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Floor: Kung Fu Tea (900 Sqft.): $29,917.44 Ann. Lease Exp.: 3/31/27. Exotic Convenience Corp. (1,000 Sqft.): $43,219.56 Ann.; Lease Exp.: 3/31/30. Riverside Chinese Kabab (800 Sqft.): $41,375.16 Ann.; Lease Exp.: 6/30/27. Nail It UP Inc. (800 Sqft.): $36,011.76 Ann.; Lease Exp.: 2/28/26. Wireless Matrix Corp. (2 Units, 1,500 Sqft.): $62,628.96 Ann.; Lease Exp.: 6/30/25. SKYCARE RX Inc. (2 Units, 1,500 Sqft.): $77,374.56 Ann.; Lease Exp.: 12/31/28. Happy Eastern Dragon (1,700 Sqft.): $56,015.52 Ann.; Lease Exp.: 6/30/32. QK Grill Japan II LLC (1,800 Sqft.): 75,600 Ann.; Lease Exp.: 1/31/33. 2nd Floor: Wang Suezhen Spa (1,400 Sqft.): $32,400 Ann.; Lease Exp.: 9/5/29. C & R Desantis Inc. (800 Sqft.): $35,646.24 Ann.; Lease Exp.: 7/31/27. Brightside Training LLC (2 Units, 2,000 Sqft.): $39,552 Ann.; Lease Exp.: 9/30/26. 1267 MTA Inc. (5 Units, 4,000 Sqft.): $108,211.80 Ann.; Lease Exp.: 12/31/27. J & C Essential Care LLC (800 Sqft.): $26,400 Ann.; Lease Exp.: 11/30/29. Dance Central (1,000 Sqft.): $39,338.16 Ann.; Lease Exp.: 10/31/24. Ground Floor: Prime Care Inc. (5 Units, 8,000 Sqft.): $240,000 Ann.; Lease Exp.: 12/31/25. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water: $0 Ann. Trash: $0 Ann. Insurance: $8,718 Ann. Taxes: $163,582.40 Ann. Gross Income: $943,691.16 Ann. Total Expenses: $172,300.40 Ann. Net Operating Income (NOI): $771,390.76 Ann. (7.8% Cap!!!)

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Listing Snapshot
Price 
$9,888,000
Days On Site 
66 Days
Bedrooms 
N/A
Inside Area (SqFt) 
30,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1990
MLS® Number 
856196
Status 
Active
Property Tax 
$163,582.4
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Cross Street 
Jewett Avenue
Parking Spaces 
38
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
30000
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSee Remarks
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Natural Gas
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Exterior Features
Construction Details 
Block
Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2025-08-03 11:17 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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