Listing Courtesy of Martino Realty Group


$1,499,900
23 Aultman Avenue
Staten Island, NY 10306
MLS# 2401140
Status: Pending
3375 sqft


23 Aultman Avenue, Staten Island, NY 10306
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23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306 23 Aultman Avenue, Staten Island, NY 10306

Property Description
Step into an exceptional investment opportunity situated in the coveted neighborhood of Richmondtown. This detached new construction mixed unit building is a testament to modernity and convenience, offering 3,375 sqft across three legal units spread across a generous 4000 sqft lot. At street level, a premier storefront commercial space beckons, encompassing 1100 sqft of prime real estate, perfectly complemented by a full finished basement of equal size, ideal for expanding business operations or additional storage. Ascend to the upper levels to discover two distinct 2-bedroom, 2-bathroom duplex apartments, each boasting spacious layouts and meticulous attention to detail. Hardwood flooring graces every inch of these residences, leading you through thoughtfully designed interiors adorned with custom kitchens featuring luxurious quartz countertops and sleek finishes. Embracing an abundance of natural light, Andersen windows frame picturesque views of the surrounding neighborhood, creating an inviting atmosphere that residents will cherish. Beyond its aesthetic appeal, this property presents a compelling financial opportunity. With a conservative projection indicating a gross yearly rent of $115,200 and an approximate net yearly rent of $98,348, investors can anticipate a substantial return on investment. Whether you're looking to diversify your portfolio or establish a lucrative income stream, this property stands as a beacon of possibility in Richmondtown's flourishing real estate landscape. Seize the moment and unlock the potential of this remarkable investment gem.

Details
Maps
Documents
Address/Legal
Street No.: 23
Street Name: Aultman
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10306
Area Name: Richmond Town
Section: Mid-Island
Parcel ID: 02261-0004
Contract/Location Information
Listing Date: 2024-03-04
List Price: $1,499,900
Current Price: $1,499,900
Sub-Type: Commercial
List Price/SqFt: 444.41
Sale/Lease: Sale
Zoning: C1-1,R3-1
Block: 02261
Lot: 0004
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 3
Year Built: 2024
Year Built Info: New
Taxes: 12257
Tax Abated: No
Lot Size SqFt: 4000
Lot Dim: 40 x 100
Irregular: No
Building SqFt: 3375
Condition: Excellent
# of Parking Spaces: 2
Air Conditioner: Central
# of A/C Units: 3
Lease Purchase: No
# of Residential Units: 2
# of Commercial Units: 1
Public Remarks: Step into an exceptional investment opportunity situated in the coveted neighborhood of Richmondtown. This detached new construction mixed unit building is a testament to modernity and convenience, offering 3,375 sqft across three legal units spread across a generous 4000 sqft lot. At street level, a premier storefront commercial space beckons, encompassing 1100 sqft of prime real estate, perfectly complemented by a full finished basement of equal size, ideal for expanding business operations or additional storage. Ascend to the upper levels to discover two distinct 2-bedroom, 2-bathroom duplex apartments, each boasting spacious layouts and meticulous attention to detail. Hardwood flooring graces every inch of these residences, leading you through thoughtfully designed interiors adorned with custom kitchens featuring luxurious quartz countertops and sleek finishes. Embracing an abundance of natural light, Andersen windows frame picturesque views of the surrounding neighborhood, creating an inviting atmosphere that residents will cherish. Beyond its aesthetic appeal, this property presents a compelling financial opportunity. With a conservative projection indicating a gross yearly rent of $115,200 and an approximate net yearly rent of $98,348, investors can anticipate a substantial return on investment. Whether you're looking to diversify your portfolio or establish a lucrative income stream, this property stands as a beacon of possibility in Richmondtown's flourishing real estate landscape. Seize the moment and unlock the potential of this remarkable investment gem.
Status Change Info
Status: Pending
Pending Date: 2024-04-24
Projected Close Date: 2024-06-24
Building Info
Building Available SqFt: 3375
Retail Available SqFt: 1100
Retail Ceiling Height: 9
Sprinklers: Yes
Income & Expenses
Gross Income: 109200
Total Expense: 17852
Net Income: 91348
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Features: Apartment; House of Worship; Laundromat; Medical/Dental; Mixed Use; Office; Restaurant; Retail; School Building; Other
Construction: Frame; Masonry; Steel
Parking: Private; Street
Expenses Include: Insurance; Taxes; Utilities
Heat Source: Gas
Heat System: Forced Air
Showing Instructions: Call Agent


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