Remarks

This mixed-use commercial building offers an enticing investment opportunity with a diverse income stream. Building 25x50, lot 25x100 , With a newly renovated grocery shop generating $2500, spacious residential units yielding $2150-$1175 each, and potential for market rent increase to $90,000 within two years, it could be promises significant returns. Its prime location near transportation hubs, near Staten Island train station and bus lines S76; S81; S51, minutes to the Verrazano-Narrows Bridge, major banks, and commercial hotspots further solidifies its appeal. Zoned C4-2 and boasting a manageable property tax of $4469/yearly , this property presents the ideal blend of income potential and strategic positioning for savvy investors seeking the rental king of their dreams.

Details

MLS#: 481929
Price: $975,000

Style: Mixed Use
Sq Ft: 1250
Year Built: 1931

County: Staten Island
Lot Size: 2500