$3,050,000
Staten Island, NY 10305
MLS# 1160811
Status: Closed
10626 sqft
1 / 10
Property Description
Very rare opportunity to own this 15 unit apartment building which consists of 4 (2) bedroom apts, 8 (1) bedroom apts, and 3 studio apartment in this UNREGULATED building. Building was built in 1975 and is not subject to rent stabilization. All apartments are unique multi-level. All have small balconies. Most are below market rents. New owner has the potential to increase rents substantially as this building is NOT SUBJECT to rent stabilization laws. Building is located near Staten Island Hospital, between the train station and Hylan Blvd.. Centrally located near all shopping, express and local buses. Rare opportunity to own an unregulated building. Perfect for a 1031 exchange.
Details
Maps
Documents
Address/Legal
Section: Mid-Island
Contract/Location Information
List Price/SqFt: 329.38
Offered at $/SqFt: 0
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Taxes: 30579
Tax Abated: No
Lot Size SqFt: 6450
Year Built Info: Approx
Lot Dim: 75x91
Irregular: Yes
Air Conditioner: Units
Condition: Excellent
Garage Capacity: 0
# of Parking Spaces: 0
# Units: 15
Public Remarks: Very rare opportunity to own this 15 unit apartment building which consists of 4 (2) bedroom apts, 8 (1) bedroom apts, and 3 studio apartment in this UNREGULATED building. Building was built in 1975 and is not subject to rent stabilization. All apartments are unique multi-level. All have small balconies. Most are below market rents. New owner has the potential to increase rents substantially as this building is NOT SUBJECT to rent stabilization laws. Building is located near Staten Island Hospital, between the train station and Hylan Blvd.. Centrally located near all shopping, express and local buses. Rare opportunity to own an unregulated building. Perfect for a 1031 exchange.
# of Heating Units: 1
Year Built: 1975
Building SqFt: 10626
Status Change Info
Projected Close Date: 2023-08-04
Pending Date: 2023-05-04
Sold Date: 2023-09-28
Sold Price: $3,050,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 3
Unit 1 - # Bedrooms: 1
Unit 1 - # Baths: 1
Rent/Month: 1180
Sewer
City: 1
Appliances
Total # Ranges: 15
Total # Refrigerators: 15
Unit 3
Unit 3 - Level: 1
Unit 3 - # Rooms: 4
Unit 3 - # Bedrooms: 2
Rent/Month: 1285
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 1
Unit 4 - # Rooms: 3
Unit 4 - # Bedrooms: 1
Rent/Month: 1380
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Unit 5
Level: 2
# Rooms: 3
# Bedrooms: 1
# Baths: 1
Rent/Month: 1395
Heat System
Hot Water: 1
Unit 6
Level: 2
# Rooms: 2
# Baths: 1
Rent/Month: 1100
Unit 7
Level: 3
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 1850
Unit 8
Level: 3
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 1545
Electric Meters
Individual: 1
Gas Meters
Master: 1
Parking
Off Street: 1
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
Income & Expense
Gross Income: 232980
Total Expense: 60522
Net Income: 172458
Extras
Cable: 1
Intercom: 1
AddressLegal
Street No.: 194
Street Name: Seaview
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10305
Area Name: Dongan Hills-Above Hylan
Parcel ID: 03343-0019
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2023-03-17
Sold Price: $3,050,000
Current Price: $3,050,000
Sub-Type: 9+F
Zoning: R3-2
Block: 03343
Lot: 0019
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Brick
Extras: Cable; Intercom
Gas Meters: Master
Heat Source: Gas
Heat System: Hot Water
Electric: 220
Parking: Off Street; On Street
Lead Based Paint Disclosure 
Listing Courtesy of Weichert Realtors Evolution
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.