CITGO GAS STATION PROPERTY

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 6 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.Immaculate gas station property offering at 535 Vanderbilt Avenue features a fully operational gas station and convenience store on an irregular 0.17-acre G3-zoned corner lot. The income-producing asset includes double-walled fiberglass underground tanks and is free of violations, ensuring compliance and reliability. Positioned with six years remaining on the current lease plus a five-year renewal option, the strong, established operator delivers dependable cash flow of $89,112 in annual rent and $66,932 in Net Operating Income. Ownership maintains property taxes of $18,179.08 and insurance of $4,000 annually while the tenant covers all utilities, resulting in a streamlined, hands-off ownership experience.