$1,350,000
Staten Island, NY 10302
MLS# 1132278
Status: Closed
5366 sqft
1 / 6
Property Description
Fantastic Investment Opportunity for Cash Flow seeking investors. 6 Free Market apartments, featuring 2 (3) bedrooms, 2 (2) bedrooms and 2 (1) bedrooms - fully occupied. Extremely low maintenance building with residents paying their own heat and electric, no interior common space to maintain and plenty of parking. Great location for tenants as the property is easily accessible to transit, shopping and highways. Upside potential for strategic investor who can capitalize on expired leases in a high demand location.
Details
Maps
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 260.53
Offered at $/SqFt: 0
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 4
Taxes: 13331
Tax Abated: No
Lot Size SqFt: 9280
Year Built Info: Approx
Lot Dim: 20x232
Irregular: Yes
Air Conditioner: Central
# of A/C Units: 6
Condition: Excellent
Garage Capacity: 0
# of Parking Spaces: 0
# Units: 6
Public Remarks: Fantastic Investment Opportunity for Cash Flow seeking investors. 6 Free Market apartments, featuring 2 (3) bedrooms, 2 (2) bedrooms and 2 (1) bedrooms - fully occupied. Extremely low maintenance building with residents paying their own heat and electric, no interior common space to maintain and plenty of parking. Great location for tenants as the property is easily accessible to transit, shopping and highways. Upside potential for strategic investor who can capitalize on expired leases in a high demand location.
# of Heating Units: 6
Year Built: 2011
Building SqFt: 5366
Status Change Info
Projected Close Date: 2020-05-04
Pending Date: 2020-03-20
Sold Date: 2020-07-24
Sold Price: $1,350,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 3
Unit 1 - # Bedrooms: 1
Unit 1 - # Baths: 1
Rent/Month: 1100
Sewer
City: 1
Appliances
Total # Ranges: 6
Total # Refrigerators: 6
Unit 3
Unit 3 - Level: 3
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 3
Rent/Month: 1800
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 1
Unit 4 - # Rooms: 3
Unit 4 - # Bedrooms: 1
Rent/Month: 1050
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Unit 5
Level: 2
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 1600
Heat System
Hot Water: 1
Unit 6
Level: 3
# Rooms: 5
# Bedrooms: 3
# Baths: 1
Rent/Month: 1650
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Carport: 1
Off Street: 1
Garage Location
None: 1
Siding
Vinyl Siding: 1
Income & Expense
Gross Income: 105600
Total Expense: 24031
Net Income: 81569
Extras
Cable: 1
AddressLegal
Street No.: 63-65
Street Name: Houston
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10302
Area Name: Westerleigh
Parcel ID: 1478-542
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2019-09-16
Sold Price: $1,350,000
Current Price: $1,350,000
Sub-Type: 6F
Zoning: R3X
Block: 1478
Lot: 542
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Vinyl Siding
Extras: Cable
Gas Meters: Individual
Heat Source: Gas
Heat System: Hot Water
Electric: 220
Parking: Carport; Off Street
Listing Courtesy of Cornerstone Realty
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.