$3,600,000
484-488 Jersey Street
Staten Island, NY 10301
MLS# 1159456
Status: Closed
9159 sqft


488 Jersey St-2
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488 Jersey St-2 488 Jersey St-8 488 Jersey St-1 488 Jersey St-4 488 Jersey St-6 488 Jersey St-7 488 Jersey St-9 488 Jersey St-3 488 Jersey St-5 488 Jersey St-10 488 Jersey St-11 0001 484 Store Unit 1 484 Unit 2 484 Unit 3(1) 484 Unit 3 486 Store Unit 1 486 Unit 2 486 Unit 3 Entry 486 Unit 3 Foyer 486 Unit 3 488 Store Unit 1 488 Unit 2 Foyer 488 Unit 2 488 Unit 3

Property Description
We are pleased to offer the exclusive sale of 482-488 Jersey St & 7-9 Stanley Ave as a package sale. On adjacent lots spanning 10,000 sq ft (100x100). 488-484 Jersey St occupies 6 apartments & 3 retail storefronts (9 units) 482 Jersey St has approved plans for a 7 unit building (6 residential & 1 commercial). 7-9 Stanley Ave occupies a vacant 4,020 sq ft lot Zoned R5. 100ft of Jersey st frontage. R5 Zoning, 100% occupied. All tenants pay their own utilities. All commercial tenants are on a Triple NET lease (NNN). Conveniently located near Empire Outlets, Staten Island Ferry and all transportation lines. Densely populated metro area, Revitalized Corridor, Opportunity Zone Eligible, affordable housing. Reach out for more details regarding approved plans.

Details
Maps
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 436.73
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 3
Stories: 3
Taxes: 17955
Tax Abated: No
Lot Size SqFt: 10000
Year Built Info: Approx
Lot Dim: 100' x 100'
Irregular: No
Air Conditioner: Units
Condition: Excellent
# of Parking Spaces: 6
# of Residential Units: 6
# of Commercial Units: 3
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: We are pleased to offer the exclusive sale of 482-488 Jersey St & 7-9 Stanley Ave as a package sale. On adjacent lots spanning 10,000 sq ft (100x100). 488-484 Jersey St occupies 6 apartments & 3 retail storefronts (9 units) 482 Jersey St has approved plans for a 7 unit building (6 residential & 1 commercial). 7-9 Stanley Ave occupies a vacant 4,020 sq ft lot Zoned R5. 100ft of Jersey st frontage. R5 Zoning, 100% occupied. All tenants pay their own utilities. All commercial tenants are on a Triple NET lease (NNN). Conveniently located near Empire Outlets, Staten Island Ferry and all transportation lines. Densely populated metro area, Revitalized Corridor, Opportunity Zone Eligible, affordable housing. Reach out for more details regarding approved plans.
Year Built: 1900
Building SqFt: 9159
Status Change Info
Projected Close Date: 2023-10-10
Pending Date: 2023-07-10
Sold Date: 2024-03-01
Sold Price: $3,600,000
Sewer
City: 1
Use Restrictions
None: 1
Electric
220: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Income & Expense
Gross Income: 209916
Total Expense: 25972
Net Income: 183904
Features
Apartment: 1
Mixed Use: 1
Retail: 1
Building Info
Building Available SqFt: 9159
Retail Available SqFt: 1991
Sprinklers: No
Construction
Concrete Block: 1
AddressLegal
Street No.: 484-488
Street Name: Jersey
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10301
Area Name: Tompkinsville
Parcel ID: 0105-0022,0123,024,125,26
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2023-01-06
Sold Price: $3,600,000
Current Price: $3,600,000
Sub-Type: Commercial
Zoning: R-5
Block: 0105
Lot: 0022,0123,024,125,26
Property Features
Electric Meters: Individual
Gas Meters: Individual
Use Restrictions: None
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
Electric: 220
Features: Apartment; Mixed Use; Retail
Construction: Concrete Block

Listing Courtesy of Re/Max Edge

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.