Remarks

Fully brick building 38X100 spans an impressive 11,400 sq ft and features a total of 8 residential units and 2 commercial units, all of which are currently leased. The residential units comprise 4 two-bedroom apartments and 4 one-bedroom apartments, annual rent roll $119,484, increase 3% every year. Additionally, the property boasts two retail storefronts situated on a bustling intersection in Port Richmond, Staten Island. Laundry $3,200 per month(9 years lease left, plus 5 years optional), increase 3% every year, and grocery store $3,777 per month(4 year lease left). Benefiting from a desirable C1-2 and R3A zoning, this property offers a multitude of possibilities and potential uses (we recommend consulting with an architect to explore the full range). Tax $33,000 a year, water $2,300 a quarter, eclectic $110 a month, gas winter 1,600 a month, summer $250 a month, cleaning manage $300 a month.

Details

MLS#: 481422
Price: $2,000,000

Style: Mixed Use
Sq Ft: 11440
Year Built: 1931

County: Staten Island
Tax Fee: 33000.00