$1,320,000
Staten Island, NY 10305
MLS# 2501108
Status: Closed
8 beds | 3584 sqft
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Property Description
Discover a rare 3-family investment The cap rate for this property is approximately 9.62 Prime location next to Staten Island Hospital! 10 minutes from Verrazano bridge ! This unique property is set on a generous lot and features two fully detached homes with separate addresses on one deed—a fantastic chance for investors or owner-occupants. The first building is a legal all-brick, two-family home boasting a high-ceiling finished basement and a new heating system. Each floor offers three spacious bedrooms Full finished basement with Half bathroom ensuring excellent income potential estimated future rental 8,800 private driveway fits up to 8 cars ! The second building at 275 Mason Ave private house features 2 bedrooms, 1 bathroom have its own driveway estimated future rental 3000 No flood insurance is required! Parking access from Cromwell ave and Mason ave, access from all corners. Total potential future income estimate 11,800 Don't miss this exceptional investment opportunity across the street from staten island hospital !
Details
Maps
Documents
Address/Legal
Section: Mid-Island
Country: United States
Contract/Location Information
List Price/SqFt: 387.56
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 2
Taxes: 4856.76
Tax Abated: No
Lot Size SqFt: 5202
Year Built Info: Approx
Lot Dim: 42x100
No. of Heating Units: 3
Air Conditioner: Units
Condition: Good
Basement Type: Other
Public Remarks: Discover a rare 3-family investment The cap rate for this property is approximately 9.62
Prime location next to Staten Island Hospital! 10 minutes from Verrazano bridge ! This unique property is set on a generous lot and features two fully detached homes with separate addresses on one deed—a fantastic chance for investors or owner-occupants. The first building is a legal all-brick, two-family home boasting a high-ceiling finished basement and a new heating system. Each floor offers three spacious bedrooms Full finished basement with Half bathroom ensuring excellent income potential estimated future rental 8,800 private driveway fits up to 8 cars ! The second building at 275 Mason Ave private house features 2 bedrooms, 1 bathroom have its own driveway estimated future rental 3000 No flood insurance is required! Parking access from Cromwell ave and Mason ave, access from all corners. Total potential future income estimate 11,800 Don't miss this exceptional investment opportunity across the street from staten island hospital !
Bedrooms: 8
Full Baths: 3
Year Built: 1930
Building SqFt: 3584
Number of Units: 3
Garage Capacity: 1
Status Change Info
Projected Close Date: 2025-04-30
Pending Date: 2025-03-26
Sold Date: 2025-04-24
Sold Price: $1,320,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 6
Unit 1 - # Bedrooms: 3
Unit 1 - # Baths: 1
Rent/Month: 3500
Sewer
City: 1
Income & Expenses
Gross Income: 122400
Net Income: 114344
Total Expense: 8056
Appliances
Total # Dishwashers: 1
Total # Refrigerators: 2
Unit 2
Unit 2 - Level: 2
Unit 2 - # Rooms: 6
Unit 2 - # Bedrooms: 3
Unit 3
Unit 3 - Level: 1
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 2
Rent/Month: 1500
Unit 3 - # Baths: 1
Electric
220: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Assigned: 1
Garage Location
Attached: 1
Siding
Brick: 1
Extras
Storage: 1
AddressLegal
Street No.: 435
Street Name: Cromwell
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10305
Area Name: Old Town
Parcel ID: 03377-0001
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2025-02-28
Sold Price: $1,320,000
Current Price: $1,320,000
Sub-Type: 3F
Zoning: R3-1
Block: 03377
Lot: 0001
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Parking: Assigned
Garage Location: Attached
Siding: Brick
Extras: Storage
Heat Source: Gas
Heat System: Hot Water
Lead Paint 
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.