$3,460,000
Staten Island, NY 10301
MLS# 2401395
Status: Closed
24960 sqft
1 / 36
Property Description
Great Investment Opportunity or 1031 Exchange in St. George, Staten Island, NY. Currently 6.1% cap rate/projected 9.68%. This 25 unit, 4-story walk up building sits high on a hill with views of the NY Harbor and VZ Bridge from several apartments. Full basement with Superintendents apartment, front courtyard, card operated laundry room. Apartments consist of (3)-Three Bedroom Apts, (10)-Two Bedroom Apts, (12)-One Bedroom apts. Short walk to the SI Ferry to Manhattan, Buses, Train, Empire Outlets, SI Ferry Hawk Baseball Stadium, North Shore Waterfront Esplanade Park, St. George Theatre, Richmond County Supreme Court, Borough Hall, National Lighthouse Museum, Restaurants, Library, Shopping, Schools & more. Please do not trespass. Showings are subject to written offers with proof of funds. No mortgage contingency accepted. Call today for more details...
Details
Maps
Documents
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 140.22
Offered at $/SqFt: 0
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 4
Taxes: 74489
Tax Abated: No
Lot Size SqFt: 15399
Year Built Info: Approx
Lot Dim: 140 x 110
Irregular: No
Air Conditioner: Units
# of A/C Units: 0
Condition: Good
Garage Capacity: 0
# of Parking Spaces: 25
# Units: 25
Public Remarks: Great Investment Opportunity or 1031 Exchange in St. George, Staten Island, NY. Currently 6.1% cap rate/projected 9.68%.
This 25 unit, 4-story walk up building sits high on a hill with views of the NY Harbor and VZ Bridge from several apartments.
Full basement with Superintendents apartment, front courtyard, card operated laundry room.
Apartments consist of (3)-Three Bedroom Apts, (10)-Two Bedroom Apts, (12)-One Bedroom apts.
Short walk to the SI Ferry to Manhattan, Buses, Train, Empire Outlets, SI Ferry Hawk Baseball Stadium, North Shore Waterfront Esplanade Park, St. George Theatre, Richmond County Supreme Court, Borough Hall, National Lighthouse Museum, Restaurants, Library, Shopping, Schools & more. Please do not trespass. Showings are subject to written offers with proof of funds. No mortgage contingency accepted. Call today for more details...
# of Heating Units: 1
Year Built: 1931
Building SqFt: 24960
Status Change Info
Projected Close Date: 2024-09-02
Pending Date: 2024-06-04
Sold Date: 2025-03-18
Sold Price: $3,460,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 5
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Rent/Month: 1537.5
Sewer
City: 1
Appliances
Total # Ranges: 25
Total # Refrigerators: 25
Unit 3
Unit 3 - Level: 1
Unit 3 - # Rooms: 4
Unit 3 - # Bedrooms: 1
Rent/Month: 1065.63
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 1
Unit 4 - # Rooms: 5
Unit 4 - # Bedrooms: 2
Rent/Month: 1517.47
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Unit 5
Level: 1
# Rooms: 4
# Bedrooms: 1
# Baths: 1
Rent/Month: 1389.61
Heat System
Steam: 1
Unit 6
Level: 1
# Rooms: 4
# Bedrooms: 1
# Baths: 1
Rent/Month: 1119.04
Unit 7
Level: 2
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 1401.41
Unit 8
Level: 2
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 1611.28
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Off Street: 1
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
Stucco: 1
Income & Expense
Gross Income: 400625.76
Total Expense: 186466.08
Net Income: 214057.68
Extras
Cable: 1
Laundry: 1
Superintendent's Apt: 1
Non Member
Non Member Office: Keller Williams Realty Empire 8508 3rd Ave, Brooklyn, NY 11209
Non Member Name: Angelo J. Frange
AddressLegal
Street No.: 25
Street Name: Sherman
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10301
Area Name: St. George
Parcel ID: 00026-0013
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2024-03-14
Sold Price: $3,460,000
Current Price: $3,460,000
Sub-Type: 9+F
Zoning: R-3A
Block: 00026
Lot: 0013
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Brick; Stucco
Extras: Cable; Laundry; Superintendent's Apt
Gas Meters: Individual
Heat Source: Gas
Heat System: Steam
Electric: 220
Parking: Off Street; On Street
Lead Based Paint 
Listing Courtesy of Gateway Arms Realty Corp.
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.