Class A Office Building
Staten Island, New York
NNN Leased, $915,000/Year Plus Escalations
Name Your Price!
New NNN Lease Signed 2018!
Class A office building
Heavily trafficked Richmond Avenue at the intersection of Morani Street
55,544 sq ft (approx.)
39,896 sq ft (approx.)
89 (4 disabilities compliant)
3 Floors of Office Space (including cellar)
How to Participate
Download Setup Click Here
Purchase Due Diligence (Required to Participate) Click HereFor your convenience, we have assembled a survey, floor plans, environmental report, title report, purchase & sale agreement, and other diligence materials.
Attend Inspection - by Appointment OnlyInspection will be available by appointment only. Please call 212.867.3333 to make an appointment.
Submit Written Bid by Deadline, August 2You must submit (a) a written offer and (b) deposit (by bank check or wire) for 5% of your bid by the bid deadline (2pm on August 2). Instructions are included in the Due Diligence Information, which you can access by clicking above (Step 2). In the event multiple competitive bids are received, the top bidders will be invited to bid in a live auction on August 7.
Buyer's Premium 5%.
Broker Participation Invited.
Paramount Realty USA is proud to present a unique opportunity to purchase a Class A office building on Richmond Avenue in Staten Island with a new NNN lease (signed 2018) generating $915,000/year with escalations starting in the 5th year. Located at the intersection of Richmond Avenue and Morani Street, the area is surrounded by densely packed national retailers, is close to the Staten Island Mall and is less than a mile away from the College of Staten Island. This prime investment property was built in 2002 and features a cast-in place reinforced concrete foundation, 3' thick granite with insulated gold dust glass on the exterior and has thermally broken aluminum and insulated glass windows and doors. The property has two separately enclosed stairwells, as well as two hydraulic passenger elevators. Additionally, there is a building-wide Culligan drinking water purification system. Don't miss this opportunity to name your price on this opportunity to own a prime investment property on Staten Island! Auction subject to Terms of Sale. Auction with reserve.
Click below to download registration form Download