$1,250,000
Staten Island, NY 10304
MLS# 2505402
Status: Closed
10 beds | 6 baths | 3156 sqft
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Property Description
Welcome to 310-312 Hillside Ave, a fully renovated, 4-Family investment property with strong cash flow and upside potential. This building was completely rebuilt down to the studs just 6 years ago. Featuring modern kitchens and bathrooms, updated mechanicals, a new roof, siding, floors, electrical, plumbing, and much more. The layout includes two 3-bedroom units, two 2-bedroom units, plus two basement apartments (one occupied by the superintendent). The current rent roll generates approximately 129,936 annually with a Net Operating Income of 111,036. At the asking price of 1,300,000, this equates to a cap rate of 8.55. Conveniently located close to parks, schools, shopping, and restaurants.
Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 411.88
CofO: Yes
List Type: Exclusive Right to Sell
REO: No
Owner Finance: No
General Property Info
Stories: 2
Taxes: 8503
Half Baths: 0
Tax Abated: No
Lot Size SqFt: 5000
Year Built Info: Approx
Lot Dim: 50' X 100'
Irregular: No
No. of Heating Units: 4
Air Conditioner: Central
Condition: Excellent
Basement Type: None
Public Remarks: Welcome to 310-312 Hillside Ave, a fully renovated, 4-Family investment property with strong cash flow and upside potential. This building was completely rebuilt down to the studs just 6 years ago. Featuring modern kitchens and bathrooms, updated mechanicals, a new roof, siding, floors, electrical, plumbing, and much more. The layout includes two 3-bedroom units, two 2-bedroom units, plus two basement apartments (one occupied by the superintendent). The current rent roll generates approximately 129,936 annually with a Net Operating Income of 111,036. At the asking price of 1,300,000, this equates to a cap rate of 8.55. Conveniently located close to parks, schools, shopping, and restaurants.
Bedrooms: 10
Full Baths: 4
Total Baths: 6
Year Built: 1925
Building SqFt: 3156
Number of Units: 4
Status Change Info
Projected Close Date: 2025-10-31
Pending Date: 2025-09-16
Sold Date: 2025-11-25
Sold Price: $1,250,000
Unit 1
Unit 1 - # Rooms: 2
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Rent/Month: 2700
Sewer
City: 1
Unit 2
Unit 2 - # Baths: 1
Unit 2 - # Rooms: 5
Unit 2 - # Bedrooms: 2
Unit 2 - Rent/Month: 2700
Unit 3
Unit 3 - # Rooms: 6
Unit 3 - # Bedrooms: 3
Rent/Month: 2400
Unit 3 - # Baths: 1
Electric
220: 1
Exterior
Fence: 1
Unit 4
Unit 4 - # Rooms: 6
Unit 4 - # Bedrooms: 3
Rent/Month: 2433
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Interior
Ceiling Fan: 1
Kitchen
Eat In: 1
Living Room
Combination: 1
Electric Meters
Individual: 1
Main Bath
Full Bath: 1
Gas Meters
Individual: 1
Parking
Off Street: 1
On Street: 1
Garage Location
None: 1
Siding
Stucco: 1
Yard
Back: 1
Front: 1
Side: 1
AddressLegal
Street No.: 310-312
Street Name: Hillside
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10304
Area Name: Clifton
Parcel ID: 00648-0040
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2025-08-28
Sold Price: $1,250,000
Current Price: $1,250,000
Sub-Type: 4F
Zoning: R3A
Block: 00648
Lot: 0040
Property Features
Exterior: Fence
Interior: Ceiling Fan
Kitchen: Eat In
Electric Meters: Individual
Living Room: Combination
Gas Meters: Individual
Main Bath: Full Bath
Electric: 220
Parking: Off Street; On Street
Garage Location: None
Yard: Back; Front; Side
Siding: Stucco
Heat Source: Gas
Heat System: Hot Water
Listing Courtesy of Homes R Us Realty of NY, 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.