Listing Courtesy of Robert DeFalco Realty, Inc.
$1,777,000
Staten Island, NY 10301
MLS# 2402734
10 beds | 6 baths | 4224 sqft
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Property Description
Welcome to a unique investment opportunity nestled on a dead end block in New Brighton. This exceptional street to street income producing, money-making machine is a purchase you will not regret. This building was fully updated in 2022 with new plumbing, windows, heating system stucco and more! Block 85 lot 32-33, With a total of four units including two large detached garages large enough for commercial vehicles bring in a whopping $169,600 before expenses! Units include two , two bedroom two three bedroom Appartments with full finish basements. Basements have 3/4 bathroom, two means of egress including door to the back yard. Option to have a unit vacant on request. This property is currently being operated by management company, option to keep them on for as low at 5%. Sleep well at night knowing your investment is in great hands! Present all offers to listing agent.
Details
Maps
Documents
Address/Legal
Street No.: 16-18
Street Name: Butler
Street Suffix: Terrace
County: Richmond
State: NY
Zip Code: 10301
Area Name: New Brighton
Section: North Shore
Parcel ID: 00085-0032
Country: United States
Contract/Location Information
Status: Active
Listing Date: 2024-05-14
List Price: $1,777,000
Current Price: $1,777,000
List Price/SqFt: 420.69
Sub-Type: 4F
Zoning: R3-2
Block: 00085
Lot: 0032
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 2
Bedrooms: 10
Full Baths: 4
Total Baths: 6
Year Built: 1901
Year Built Info: New
Taxes: 10325
Tax Abated: No
Lot Size SqFt: 7695
Lot Dim: 50 X 154
Building SqFt: 4224
Condition: Good
Number of Units: 4
Garage Capacity: 4
Basement Type: Full
Pool Y/N: No
No. of Heating Units: 4
Air Conditioner: Units
# of A/C Units: 4
Public Remarks: Welcome to a unique investment opportunity nestled on a dead end block in New Brighton. This exceptional street to street income producing, money-making machine is a purchase you will not regret. This building was fully updated in 2022 with new plumbing, windows, heating system stucco and more! Block 85 lot 32-33, With a total of four units including two large detached garages large enough for commercial vehicles bring in a whopping $169,600 before expenses! Units include two , two bedroom two three bedroom Appartments with full finish basements. Basements have 3/4 bathroom, two means of egress including door to the back yard. Option to have a unit vacant on request. This property is currently being operated by management company, option to keep them on for as low at 5%. Sleep well at night knowing your investment is in great hands! Present all offers to listing agent.
Unit 1
Level: 2
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Rent/Month: 3400
Unit 2
Level: 2
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Rent/Month: 2900
Unit 3
Level: 1
# Rooms: 5
# Bedrooms: 2
# Baths: 2
Rent/Month: 2400
Unit 4
Level: 1
# Rooms: 5
# Bedrooms: 2
# Baths: 2
Rent/Month: 2184
Income & Expenses
Gross Income: 169608
Total Expense: 30233
Net Income: 139375
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Parking: Off Street
Garage Location: Detached
Siding: Stucco
Heat Source: Gas
Heat System: Hot Water
Lead Based Paint Disclosure 
Income sheet 
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.