$2,499,000
Staten Island, NY 10302
MLS# 1149196
Status: Closed
6440 sqft
1 / 14
Property Description
6 Building mixed use package. 4 commercial spaces and 9 residential apartments, private parking lot, and huge storage shed. $250,500 Gross rent roll. Expenses $88,015. Net Operating income of $162,485 Current rents are well below market. Currently a 6.2 cap rate. Could easily be higher.
Details
Maps
Documents
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 403.57
Offered at $/SqFt: 0
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: Yes
General Property Info
Stories: 3
Taxes: 55100
Tax Abated: No
Lot Size SqFt: 20000
Year Built Info: Approx
Lot Dim: 100x200
Irregular: Yes
Air Conditioner: Units
# of A/C Units: 4
Condition: Excellent
Garage Capacity: 2
# of Parking Spaces: 0
# Units: 13
Public Remarks: 6 Building mixed use package. 4 commercial spaces and 9 residential apartments, private parking lot, and huge storage shed. $250,500 Gross rent roll. Expenses $88,015. Net Operating income of $162,485 Current rents are well below market. Currently a 6.2 cap rate. Could easily be higher.
# of Heating Units: 4
Year Built: 1931
Building SqFt: 6440
Status Change Info
Projected Close Date: 2022-06-30
Pending Date: 2022-03-17
Sold Date: 2022-06-07
Sold Price: $2,499,000
Unit 1
Unit 1 - Level: 2
Unit 1 - # Rooms: 5
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Rent/Month: 1500
Sewer
City: 1
Unit 3
Unit 3 - Level: 3
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 2
Rent/Month: 1175
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 3
Unit 4 - # Rooms: 5
Unit 4 - # Bedrooms: 2
Rent/Month: 1150
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Unit 5
Level: 2
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Rent/Month: 1250
Heat System
Forced Air: 1
Unit 6
Level: 2
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Rent/Month: 1300
Unit 7
Level: 1
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Unit 8
Level: 2
# Rooms: 6
# Bedrooms: 3
# Baths: 1
Rent/Month: 1950
Electric Meters
Individual: 1
Mixed: 1
Gas Meters
Individual: 1
Mixed: 1
Parking
Assigned: 1
Carport: 1
Siding
Brick: 1
Income & Expense
Gross Income: 250500
Total Expense: 88015
Net Income: 162485
AddressLegal
Street No.: 1936
Street Name: Richmond
Street Suffix: Terrace
County: Richmond
State: NY
Zip Code: 10302
Area Name: Port Richmond
Parcel ID: 1008-37
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2021-09-13
Sold Price: $2,499,000
Current Price: $2,499,000
Sub-Type: 9+F
Zoning: C2-1
Block: 1008
Lot: 37
Property Features
Electric Meters: Individual; Mixed
Siding: Brick
Gas Meters: Individual; Mixed
Heat Source: Gas
Heat System: Forced Air
Electric: 220
Parking: Assigned; Carport
Lead Based Paint Disclosure 
Listing Courtesy of Prime Time Real Estate, Inc.
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.