34 Broad ST Active

Staten Island,NY 10304

$ 979999

6 Beds

3 Baths

2772 SqFt


Key Details

Property Type Multi-Family

Sub Type 3F

Listing Status Active

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $353

MLS Listing ID 2500586

Bedrooms 6

Full Baths 3

Year Built 1901

Annual Tax Amount $4,869

Lot Size 2,225 Sqft

Property Sub-Type 3F

Property Description

Price Reduced!

Great opportunity for anybody looking to invest!


All tenants on month to month leases

1fl -1,400
2nd fl -1,800
3rd fl -VACANT-Can rent for top dollar
Bsmt -700 for storage

Taxes 400 a month
Electric 50 a month
Water 100 a month
Insurance 250 a month

70,800 annual income
9,600 annual expenses


Net income 61,200 (6 pct cap rate)


Building is in excellent condition. Renovated within the last 7 years. Excellent tenants on month to month lease. Once apartments are vacated in the future, you can rent each unit for much more which can bring your cap rate to 12 pct or net income of around 100,000 AFTER expenses!

Location

State NY

County Richmond

Area Stapleton

Zoning R4

Interior

Heating Hot Water,Natural Gas

Exterior

Parking Features On Street

Building

Sewer City

Structure Type Brick,Stucco

New Construction No

Others

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