Prime gas station/C-store property for sale at 535 Vanderbilt Ave in Staten Island. This G3-zoned, income-producing corner lot sits on an irregular 0.17 acres with no violations and features double-walled fiberglass gas tanks. The property generates $89,112 in annual rental income with a Net Operating Income of $66,932. The tenant has 11 years remaining on the lease plus a 5-year renewal option. Owner pays property taxes of $18,179.08 and property insurance of $4,000 annually, while the tenant covers all utilities. Strong, established operator running both the gas station and convenience store. Excellent long-term investment opportunity with stable cash flow.
Property Features
Utilities
Natural Gas Available
Natural Gas Connected
Cooling Information
Central Air
Heating Information
Natural Gas
Water Features
Public
Listing Courtesy: Empire Business Management LLC - 516-200-2049