1257-1267 Forest Avenue, New York, NY 10302 - Photo 1

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$9,500,000

For Sale
Active
Commercial

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Property Description

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

Full Property Details

Full Property Details for 1267 Forest Ave

General

Price: $9,500,000
Taxes: $163,582
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 856196
Updated: 8/13/2025
Added to Site: 238 day(s) ago

Business

Business Type: Other

Parking

Total Spaces: 38

Location

County: Richmond (Staten Island)
Cross Streets: Jewett Avenue
Driving Directions: Jewett & Forest Avenue

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, See Remarks

Structural Information

Detached/Attached: Attached
Construction: Block
Ceiling Height: 12
Building Size: 30000
Square Feet: 30,000
Year Built: 1990

Financial Considerations

Tax Amount: $163,582.4

Disclosures and Reports

Special Conditions: None
Block: 1042
Lot Number: 1

Listed by All Island Estates Realty Corp

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— 1267 Forest Ave —

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516-783-5600

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Schools

Schools serving 1267 Forest Ave

School District:New York City Geographic School District 31

Name	Grades	Distance
Ps 19 The Curtis School 780 Post Avenue, Staten Island, NY 10310	2-5	0.4 mi
Port Richmond School For Visionary 1625 Forest Avenue, Staten Island, NY 10302	K-1	0.6 mi
Is 27 Anning S Prall 11 Clove Lake Place, Staten Island, NY 10310	6-8	0.7 mi
Port Richmond High School 85 Saint Josephs Avenue, Staten Island, NY 10302	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1267 Forest Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/13/2025

Price Reduced

$9,500,000

-3.92%

MLS

5/28/2025

Listed

$9,888,000

88.34%

MLS

5/30/2014

Sold

$5,250,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1267 Forest Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$163,593

-1%

$1,520,170

-3%

2024

$165,709

-2%

$1,564,470

-2%

2023

$168,568

3%

$1,591,470

—

2022

$163,938

11%

$1,587,150

14%

2021

$148,267

-4%

$1,386,450

-13%

2020

$154,587

12%

$1,598,850

-2%

2019

$138,011

13%

$1,632,150

9%

2018

$122,134

16%

$1,494,900

-8%

2017

$105,629

22%

$1,622,250

64%

2016

$86,933

4%

$987,300

22%

2015

$83,253

1%

$812,250

-9%

2015

$82,269

—

$891,450

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1267 Forest Ave

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1257-1267 Forest Avenue, New York, NY 10302 (MLS# 856196) is a Commercial property. 1257-1267 Forest Avenue is currently listed for $9,500,000 and was received on May 28, 2025. Want to learn more about 1257-1267 Forest Avenue? Do you have questions about finding other Commercial real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

1267 Forest Ave New York, NY 10302