Incredible investment opportunity being offered for the first time in over 30 years, 95-97 Lincoln Ave is a 4 units commercial property comprising 2 buildings located in a highly trafficked area of Grant City, Staten Island. This property is situated on a 4,212 Zoned C1-1/R3-2 lot and features a total of 4,800 SF of built commercial space with parking in the rear. Currently, all 4 units are tenant-occupied with active leases in place, and tenants are responsible for covering all utility expenses, making it an attractive income-generating asset from day one. The leases feature 4% yearly increases to offer the new owner great future stability. This building's location is in close proximity to public transportation, including the nearby BUS lines S51 and S81, as well as the SIR Grant City Station. The property's location not only makes a sound financial investment for the next owner but a great location for any long term tenant to flourish.
2401460
Other, 1 Story
Richmond
1980
0.05
Acres
1
Public Sewer
2,400
Sq. Ft.
Interior Features
- Heating
- Gas Heat. Forced Air.
Exterior / Lot Features
- Parking
- 6 Parking Spaces. On Street.
- Lot Dimensions
- 18 X 67
- Zoning
- R3-2
Financial Considerations
03581-0135
$16,515
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