Listing Courtesy of Century 21 Papp Realty
$1,999,900
Staten Island, NY 10301
MLS# 2402836
6 beds | 7 baths | 5148 sqft
1 / 53
Property Description
Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants,express and local buses and shopping.
Details
Maps
Address/Legal
Street No.: 1368 -1372
Street Name: Clove
Street Suffix: Road
County: Richmond
State: NY
Zip Code: 10301
Area Name: Sunnyside
Section: North Shore
Parcel ID: 00655-0015
Country: United States
Contract/Location Information
Status: Active
Listing Date: 2024-05-09
List Price: $1,999,900
Current Price: $1,999,900
List Price/SqFt: 388.48
Sub-Type: 6F
Zoning: R3X
Block: 00655
Lot: 0015
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Bedrooms: 6
Full Baths: 4
Total Baths: 7
Year Built: 1964
Year Built Info: Approx
Taxes: 20360
Tax Abated: No
Lot Size SqFt: 5247
Lot Dim: 63 x 83
Irregular: Yes
Building SqFt: 5148
Condition: Excellent
Number of Units: 4
Basement Type: Full
No. of Heating Units: 2
Air Conditioner: Units
Public Remarks: Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants,express and local buses and shopping.
Unit 1
# Rooms: 6
# Bedrooms: 2
# Baths: 1
Rent/Month: 2500
Unit 2
# Rooms: 6
# Bedrooms: 3
# Baths: 2
Rent/Month: 2500
Unit 3
Level: 1
# Rooms: 5
# Bedrooms: 1
# Baths: 1
Rent/Month: 2250
Unit 4
Level: 1
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 2250
Unit 5
Level: 2
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 2000
Unit 6
Level: 2
# Rooms: 4
# Bedrooms: 1
# Baths: 1
Rent/Month: 1600
Income & Expenses
Gross Income: 156000
Total Expense: 42000
Net Income: 114000
Appliances
Total # Ranges: 4
Property Features
Electric Meters: Mixed
Gas Meters: Master
Electric: 220
Parking: Assigned; On Street
Garage Location: None
Siding: Brick; Stucco
Heat Source: Gas
Heat System: Hot Water
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.