Listing Courtesy of American Homes Group


$2,298,000
85 Montgomery Avenue
Staten Island, NY 10301
MLS# 2401653
5090 sqft


85 Montgomery Avenue, Staten Island, NY 10301
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85 Montgomery Avenue, Staten Island, NY 10301 85 Montgomery Avenue, Staten Island, NY 10301

Property Description
Wonderful investment opportunity in St. George. Built in 2008 this mixed use 5 family plus retail store front is being offered for sale for the first time. Brick construction, stones throw to the ferry, downtown eateries, public transportation.Net operating income is $115,000/annually.

Details
Maps
Address/Legal
Street No.: 85
Street Name: Montgomery
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10301
Area Name: St. George
Section: North Shore
Parcel ID: 00016-0031
Contract/Location Information
Listing Date: 2024-03-28
List Price: $2,298,000
Current Price: $2,298,000
Sub-Type: Commercial
List Price/SqFt: 451.47
Sale/Lease: Sale
Zoning: C4-2
Block: 00016
Lot: 0031
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 4
Year Built: 2008
Year Built Info: Approx
Taxes: 27622
Tax Abated: No
Lot Size SqFt: 2124
Lot Dim: 25 x 85
Irregular: No
Building SqFt: 5090
Condition: Excellent
Air Conditioner: Central
Lease Purchase: No
# of Residential Units: 5
# of Commercial Units: 1
Public Remarks: Wonderful investment opportunity in St. George. Built in 2008 this mixed use 5 family plus retail store front is being offered for sale for the first time. Brick construction, stones throw to the ferry, downtown eateries, public transportation.Net operating income is $115,000/annually.
Status Change Info
Status: Active
Building Info
Building Available SqFt: 5090
Retail Available SqFt: 800
Sprinklers: Yes
Income & Expenses
Gross Income: 135000
Total Expense: 31000
Net Income: 114000
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Features: Apartment
Construction: Frame Brick
Parking: Street
Expenses Include: Accounting; Common Area Maintainence; Insurance
Use Restrictions: Hillside Pres.
Heat Source: Gas
Heat System: Forced Air
Showing Instructions: Call Agent


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.