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Additional details
$979,999
Est. payment /mo
6 Beds
3 Baths
2,772 SqFt
UPDATED:
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
Originating Board Staten Island Multiple Listing Service
Year Built 1901
Annual Tax Amount $4,869
Lot Size 2,225 Sqft
Acres 0.05
Lot Dimensions 22 X 42
Property Sub-Type 3F
Property Condition Excellent
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!
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
Tax ID 00529-0028
Virtual Tour https://app.doaudiotours.com/unbranded?id=6780&lang=en-US
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Listed ByRobert DeFalco Realty, Inc.
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