140 GATEWAY Circle #4
About This Property
Location: Directly off County Road, near the intersection of Route 210 and I-95.
Overview: This versatile commercial office space currently operates as a successful hair salon, but offers immense potential for conversion into a medical office or any other professional business.
Key Features:
- **Strategic Location**: High visibility with excellent traffic flow from nearby major roads.
- **Flexible Space**: Recently updated and well-maintained interior, adaptable for various business needs.
- **Parking**: Ample parking available for employees and clients.
- **High Demand Area**: Surrounded by retail and residential developments, ensuring a steady customer base.
- **Zoning**: Complies with local zoning regulations for medical and professional services.
This property is an outstanding investment opportunity for entrepreneurs looking to establish a presence in a prime growing area.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/09/2026
|
Loft
|
-
|
1437 ft²
|
$450,000
Loft
-
1437 ft²
|
$450,000
07/17/2026
|
MICHAEL ROLEWICZ
EXP REALTY LLC
| |
|
08/07/2024
|
Loft
|
1 Bath
|
1500 ft²
|
$450,000
Loft
1 Bath
1500 ft²
|
-
-
|
CRYSTAL MOYER
PENINSULA PROPERTIES REALTY INC
| |
|
05/19/2017
|
Loft
|
-
|
1442 ft²
|
$147,000
Loft
-
1442 ft²
|
$137,000
-6.80%
08/07/2017
|
LUKE MORRIS
YELLOWFIN REALTY 1ST COAST
| |
|
02/09/2008
|
Loft
|
-
|
1131 ft²
|
$215,000
Loft
-
1131 ft²
|
-
-
|
PHILLIP JONES
YOUR CHOICE REAL ESTATE
|
Building Info
About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017