$1,635,000
Staten Island, NY 10301
MLS# 2402836
Status: Closed
6 beds | 7 baths | 5148 sqft
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Property Description
Attention Investors! Pick up this 6 united mixed use building at just under a 5 CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2 increases built in, Potential gross annual income is 156,000. Gross annual expenses 42,000. NOI is potentially 114,000. Located minutes from restaurants,express and local buses and shopping. https://www.dos.ny.gov/licensing/docs/FairHousingNoticenew.pdf
Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 349.63
Offered at $/SqFt: 0
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Taxes: 20360
Tax Abated: No
Lot Size SqFt: 5247
Year Built Info: Approx
Lot Dim: 63 x 83
Irregular: Yes
Air Conditioner: Units
# of A/C Units: 0
Condition: Excellent
Garage Capacity: 0
# of Parking Spaces: 0
# Units: 4
Public Remarks: Attention Investors! Pick up this 6 united mixed use building at just under a 5 CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2 increases built in, Potential gross annual income is 156,000. Gross annual expenses 42,000. NOI is potentially 114,000. Located minutes from restaurants,express and local buses and shopping.
https://www.dos.ny.gov/licensing/docs/FairHousingNoticenew.pdf
# of Heating Units: 2
Bedrooms: 6
Full Baths: 4
Total Baths: 7
Year Built: 1964
Building SqFt: 5148
Status Change Info
Projected Close Date: 2025-04-03
Pending Date: 2025-04-03
Sold Date: 2025-04-28
Sold Price: $1,635,000
Unit 1
Unit 1 - # Rooms: 6
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Rent/Month: 2500
Sewer
City: 1
Appliances
Total # Ranges: 4
Unit 3
Unit 3 - Level: 1
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 1
Rent/Month: 2250
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 1
Unit 4 - # Rooms: 5
Unit 4 - # Bedrooms: 2
Rent/Month: 2250
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Unit 5
Level: 2
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 2000
Heat System
Hot Water: 1
Unit 6
Level: 2
# Rooms: 4
# Bedrooms: 1
# Baths: 1
Rent/Month: 1600
Electric Meters
Mixed: 1
Gas Meters
Master: 1
Parking
Assigned: 1
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
Stucco: 1
Income & Expense
Gross Income: 156000
Total Expense: 42000
Net Income: 114000
AddressLegal
Street No.: 1368 -1372
Street Name: Clove
Street Suffix: Road
County: Richmond
State: NY
Zip Code: 10301
Area Name: Sunnyside
Parcel ID: 00655-0015
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2024-05-09
Sold Price: $1,635,000
Current Price: $1,635,000
Sub-Type: 6F
Zoning: R3X
Block: 00655
Lot: 0015
Property Features
Electric Meters: Mixed
Garage Location: None
Siding: Brick; Stucco
Gas Meters: Master
Heat Source: Gas
Heat System: Hot Water
Electric: 220
Parking: Assigned; On Street
Listing Courtesy of Century 21 Papp Realty
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.