$1,699,900
16-18 Butler Terrace
Staten Island, NY 10301
MLS# 2504290
10 beds  |  6 baths  |  4224 sqft


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Property Description
Prime 4 family Street to street investment opportunity, fully renovated, and income generating. Add a high-performing asset to your portfolio with this fully renovated in 2022 for family property features two spacious 3 bedroom apartments and tow 2 bedroom apartments. This turnkey building also includes two commercial high ceiling garages fronting Brighton Avenue perfect for additional rental income or flexible use. With a gross annual income of over 149,000 and total expenses estimated at just 25,000 this property delivers a strong net operating income exceeding 124,000. Whether you're an investor or expanding your holdings. This is a rare opportunity to secure a well maintain high-yield asset in a desirable location of Staten Island.

Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 402.44
CofO: Yes
List Type: Exclusive Right to Sell
REO: No
Owner Finance: No
General Property Info
Stories: 2
Taxes: 10325
Half Baths: 2
Tax Abated: No
Lot Size SqFt: 1695
Year Built Info: Approx
Lot Dim: 50X154
No. of Heating Units: 4
Air Conditioner: Units
# of A/C Units: 4
Condition: Excellent
Basement Type: Full
Public Remarks: Prime 4 family Street to street investment opportunity, fully renovated, and income generating. Add a high-performing asset to your portfolio with this fully renovated in 2022 for family property features two spacious 3 bedroom apartments and tow 2 bedroom apartments. This turnkey building also includes two commercial high ceiling garages fronting Brighton Avenue perfect for additional rental income or flexible use. With a gross annual income of over 149,000 and total expenses estimated at just 25,000 this property delivers a strong net operating income exceeding 124,000. Whether you're an investor or expanding your holdings. This is a rare opportunity to secure a well maintain high-yield asset in a desirable location of Staten Island.
Bedrooms: 10
Full Baths: 4
Total Baths: 6
Year Built: 1901
Building SqFt: 4224
Number of Units: 4
Garage Capacity: 2
Amenities
Pool: 1
Unit 1
Unit 1 - # Rooms: 5
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 2
Rent/Month: 2184
Sewer
City: 1
Income & Expenses
Gross Income: 171384
Total Actual Rent: 14282
Net Income: 132348.02
Total Expense: 30466.78
Unit 2
Unit 2 - # Baths: 1
Unit 2 - # Rooms: 6
Unit 2 - # Bedrooms: 3
Unit 2 - Rent/Month: 2900
Unit 3
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 2
Rent/Month: 2484
Unit 3 - # Baths: 2
Unit 3 - Full Baths: 1
Unit 3 - Half Baths: 1
Electric
220: 1
Unit 4
Unit 4 - # Rooms: 6
Unit 4 - # Bedrooms: 3
Rent/Month: 3463
Unit 4 - # Baths: 2
Heat Source
Gas: 1
Heat System
Hot Water: 1
Kitchen
Galley: 1
Living Room
Combination: 1
Electric Meters
Individual: 1
Main Bath
Full Bath: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Garage Location
Detached: 1
Siding
Stucco: 1
Yard
Front: 1
AddressLegal
Street No.: 16-18
Street Name: Butler
Street Suffix: Terrace
County: Richmond
State: NY
Zip Code: 10301
Area Name: New Brighton
Parcel ID: 00085-0032
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-07-23
List Price: $1,699,900
Current Price: $1,699,900
Sub-Type: 4F
Zoning: R3-2
Block: 00085
Lot: 0032
Property Features
Amenities: Pool
Kitchen: Galley
Electric Meters: Individual
Living Room: Combination
Gas Meters: Individual
Main Bath: Full Bath
Electric: 220
Parking: On Street
Garage Location: Detached
Yard: Front
Siding: Stucco
Heat Source: Gas
Heat System: Hot Water

Listing Courtesy of JM Properties

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.