$999,999
Staten Island, NY 10304
MLS# 1164185
Status: Closed
8 beds | 5 baths | 7650 sqft
1 / 8
Property Description
Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.
Details
Maps
Address/Legal
Section: North Shore
Contract/Location Information
List Price/SqFt: 196.08
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Taxes: 33424
Tax Abated: No
Lot Size SqFt: 3182
Year Built Info: Approx
Lot Dim: 49x81
Irregular: Yes
No. of Heating Units: 5
Air Conditioner: Units
# of A/C Units: 4
Condition: Excellent
Basement Type: None
Public Remarks: Located amidst the hustle and bustle of Downtown Staten Island this legal 6 unit building has lots to offer. There are 4 Residential Units and 2 Commercial Units. Level 1- Restaurant occupying both retail units recently underwent total renovation. Full basement for storage. Level two offers 2- 1 bedrooms and Level 3 offers 2 - 3 bedrooms. All utilities separated. Short distance to St George Ferry and North Shore developments. Three minute walk to train local and express buses and most errands. Property cap rate with present income is over 5% however there is potential room for growth of up to 14% cap rate!!!! Call for more details.
Bedrooms: 8
Full Baths: 4
Total Baths: 5
Year Built: 1931
Building SqFt: 7650
Number of Units: 5
Status Change Info
Projected Close Date: 2024-05-20
Pending Date: 2024-05-13
Sold Date: 2024-07-18
Sold Price: $999,999
Unit 1
Unit 1 - Level: 2
Unit 1 - # Rooms: 5
Unit 1 - # Bedrooms: 3
Unit 1 - # Baths: 1
Rent/Month: 1750
Sewer
City: 1
Income & Expenses
Gross Income: 128400
Net Income: 82400
Total Expense: 46000
Unit 2
Unit 2 - Level: 2
Unit 2 - # Rooms: 3
Unit 2 - # Bedrooms: 1
Unit 3
Unit 3 - Level: 3
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 3
Rent/Month: 1750
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 3
Unit 4 - # Rooms: 3
Unit 4 - # Bedrooms: 1
Rent/Month: 1000
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
AddressLegal
Street No.: 661-663
Street Name: Bay
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10304
Area Name: Stapleton
Parcel ID: 00496-0110
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2023-09-07
Sold Price: $999,999
Current Price: $999,999
Sub-Type: 4F
Zoning: C2-2
Block: 00496
Lot: 0110
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Parking: On Street
Garage Location: None
Siding: Brick
Heat Source: Gas
Heat System: Hot Water
Listing Courtesy of Compass Realty Central 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.