1257-1267 Forest Avenue Staten Island, NY $ 9,500,000
1257-1267 Forest Avenue
$ 9,500,000
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1257-1267 Forest Avenue

Staten Island, NY, 10302
$ 9,500,000
Bedrooms-- Baths-- Sq 30,000

Monthly Estimate*

$ 58,493

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Commercial Property for sale in Staten Island, NY

for $9,500,000. This 30,000 square foot building was built in 1990.

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. (8.12% Cap!!!) Reply, Reply All or Forward

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Commercial Active

Price

$ 9,500,000

Property Type

Commercial

Taxes

$ 163,582

Style

Business

Year Built

1990

Town/City

Staten Island

County/Region

Richmond

MLS | Web ID

856196

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Phone Connected See Remarks
Construction Materials Block
Year Built 1990
Property Subtype Business
Tax Year 2025
Business Type Other
County Richmond (Staten Island)
Property Type Commercial Sale
Directions Jewett & Forest Avenue
City New York
Number Of Units Total 17
Property Attached Y/N Y
Tax Annual Amount 163582.4
Showing Instructions Call Office For Appt - 516-783-5603
Building Area Units Square Feet
Standard Status Active
Tax Lot 0001
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Exterior
Water Source Public
Total Parking 38
Parking Spaces 38
Building Area Total 30000
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 1257
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

516-783-5600

Contact

Affordability Calculator

$72,125
Per Month
81%
19%
0%
Monthly Principal & Interest
$58,493
Monthly Property Taxes
$13,632
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$9,500,000 -3.92% Price Down
5/28/2025$9,888,000 Listed Price

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1257-1267 Forest Avenue, Staten Island, NY, 10302 is a Commercial Property for sale at $9,500,000 with 30,000 sqft. 1257-1267 Forest Avenue was built in 1990. The property's zip code is 10302 which is in Staten Island, NY