Listing Courtesy of Our Island Real Estate, Inc.
$4,988,888
Staten Island, NY 10314
MLS# 1165801
40920 sqft
1 / 37
Property Description
Two Story Garden Apartment Complex in Highly Desirable Mid-Island Neighborhood. This property consists of a 2 story brick complex with a total of 30 units. Property was built in 1970 and has been completely renovated top to bottom over the last 5 years and is located in the Westerleigh section of Staten Island with additional potential expansion units. Comes with fully approved plans for an additional New Commerical Building on the property measuring 28x55. Potential building includes 2 units and mezzanine with a final property value of $750,000 as a stand alone property. Call to arrange a tour and discuss additional potentials for this unique property. 30 units fully occupied Layout: 8 Studios, 18 One Bedroom, 4 Two Bedroom
Details
Maps
Address/Legal
Street No.: 17-25
Street Name: Sheraden
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10314
Area Name: Westerleigh
Section: North Shore
Parcel ID: 00736-0017
Contract/Location Information
Listing Date: 2023-12-11
List Price: $4,988,888
Current Price: $4,988,888
Sub-Type: Commercial
List Price/SqFt: 121.92
Sale/Lease: Sale
Zoning: R3-1
Block: 00736
Lot: 0017
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 5
Stories: 2
Year Built: 1970
Year Built Info: Approx
Taxes: 113229
Tax Abated: No
Lot Size SqFt: 35999
Lot Dim: 140x226
Irregular: Yes
Building SqFt: 40920
Condition: Excellent
# of Parking Spaces: 38
Air Conditioner: Units
Lease Purchase: No
# of Residential Units: 30
Public Remarks: Two Story Garden Apartment Complex in Highly Desirable Mid-Island Neighborhood.
This property consists of a 2 story brick complex with a total of 30 units. Property was built in 1970 and has been completely renovated top to bottom over the last 5 years and is located in the Westerleigh section of Staten Island with additional potential expansion units.
Comes with fully approved plans for an additional New Commerical Building on the property measuring 28x55. Potential building includes 2 units and mezzanine with a final property value of $750,000 as a stand alone property.
Call to arrange a tour and discuss additional potentials for this unique property.
30 units fully occupied
Layout: 8 Studios, 18 One Bedroom, 4 Two Bedroom
Status Change Info
Status: Active
Building Info
Building Available SqFt: 40920
Sprinklers: No
Income & Expenses
Gross Income: 617636
Total Expense: 152617
Net Income: 465019
Property Features
Electric Meters: Individual
Gas Meters: Master
Electric: 110
Features: Apartment
Construction: Frame Brick
Parking: Private
Expenses Include: Insurance; Taxes; Utilities
Use Restrictions: None
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
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.