$1,500,000
Staten Island, NY 10305
MLS# 2406057
Status: Closed
4 beds | 8 baths | 4560 sqft
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Property Description
NOT rent controlled. Amazing opportunity to own this 8-unit income producing investment property with the potential to create medical suites located across the street from SI hospital. Walk to transportation, stores, and a short distance to the Verrazzano Bridge. A desirable location for tenants and doctors. Each floor consists of 2 studio apartments and 2 one-bedroom apartments. The studio apartments feature an open living space with a tiled kitchen area large enough for a table, closets for storage, and a full bathroom. The one-bedroom apartments features a galley kitchen, an area for a dining table, a living room, bedroom, closets for storage, and a full bathroom. Every unit has an individual electric meter for heat, hot water, lighting, stove, and cooking. Half the basement is finished with the potential for a medical suite. Each apartment comes with an assigned parking space located behind the building.
Details
Maps
Address/Legal
Section: Mid-Island
Country: United States
Contract/Location Information
List Price/SqFt: 438.6
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 2
Taxes: 34230
Tax Abated: No
Lot Size SqFt: 9144
Year Built Info: Approx
Lot Dim: 100 x 91
Air Conditioner: None
Condition: Excellent
Garage Capacity: 0
# Units: 8
Public Remarks: NOT rent controlled. Amazing opportunity to own this 8-unit income producing investment property with the potential to create medical suites located across the street from SI hospital. Walk to transportation, stores, and a short distance to the Verrazzano Bridge. A desirable location for tenants and doctors. Each floor consists of 2 studio apartments and 2 one-bedroom apartments. The studio apartments feature an open living space with a tiled kitchen area large enough for a table, closets for storage, and a full bathroom. The one-bedroom apartments features a galley kitchen, an area for a dining table, a living room, bedroom, closets for storage, and a full bathroom. Every unit has an individual electric meter for heat, hot water, lighting, stove, and cooking. Half the basement is finished with the potential for a medical suite. Each apartment comes with an assigned parking space located behind the building.
# of Heating Units: 8
Bedrooms: 4
Full Baths: 8
Total Baths: 8
Year Built: 1985
Building SqFt: 4560
Status Change Info
Projected Close Date: 2025-04-15
Pending Date: 2025-01-30
Sold Date: 2025-04-02
Sold Price: $1,500,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 3
Unit 1 - # Bedrooms: 1
Unit 1 - # Baths: 1
Rent/Month: 1300
Sewer
City: 1
Appliances
Total # Ranges: 8
Unit 3
Unit 3 - Level: 1
Unit 3 - # Rooms: 2
Rent/Month: 1400
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 1
Unit 4 - # Rooms: 2
Rent/Month: 1350
Unit 4 - # Baths: 1
Heat Source
Electric: 1
Unit 5
Level: 2
# Rooms: 3
# Bedrooms: 1
# Baths: 1
Rent/Month: 1350
Heat System
Other: 1
Unit 6
Level: 2
# Rooms: 3
# Bedrooms: 1
# Baths: 1
Rent/Month: 1450
Unit 7
Level: 2
# Rooms: 2
# Baths: 1
Rent/Month: 950
Unit 8
Level: 2
# Rooms: 2
# Baths: 1
Rent/Month: 1100
Electric Meters
Individual: 1
Gas Meters
Master: 1
Parking
Assigned: 1
Off Street: 1
Garage Location
None: 1
Siding
Brick: 1
Income & Expense
Gross Income: 124200
Total Expense: 48085.25
Net Income: 76114.75
AddressLegal
Street No.: 414
Street Name: Garretson
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10305
Area Name: Dongan Hills- Below Hylan
Parcel ID: 03379-0072
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2024-10-29
Sold Price: $1,500,000
Current Price: $1,500,000
Sub-Type: 8F
Zoning: R3-1
Block: 03379
Lot: 0072
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Brick
Gas Meters: Master
Heat Source: Electric
Heat System: Other
Electric: 220
Parking: Assigned; Off Street
Listing Courtesy of Precious Properties 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.