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16 photos
Additional details
$1,100,000
Est. payment /mo
16 Beds
7 Baths
2,548 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4F
Listing Status Active
Purchase Type For Sale
Square Footage 2,548 sqft
Price per Sqft $431
MLS Listing ID 2506856
Bedrooms 16
Full Baths 7
Year Built 1931
Annual Tax Amount $12,806
Lot Size 3,597 Sqft
Acres 0.08
Lot Dimensions 33 X 109
Property Sub-Type 4F
Source Staten Island Multiple Listing Service
Property Condition Good
Property Description
Exceptional four-family detached investment property in the heart of Elm Park / Mariners Harbor! This legal 4-unit building is fully rented, generating an impressive 13,100 per month in gross rental income—over 157,000 annually—with all rents collected by the 13th of each month, ensuring steady, predictable cash flow from day one. Each apartment is separately metered and occupied by reliable, long-term tenants. The property sits on a 3,597 sq ft lot with approximately 2,548 sq ft of living area, offering four well-maintained, self-contained units with low owner expenses.
Highlights:
• Legal 4-family detached structure
• Fully rented - 13,100/month (157K+ annual)
• All rents paid promptly by the 13th of each month
• Separate utilities | Low overhead | No open violations
• Convenient North Shore location near Forest Ave shopping, schools, buses & highways
• Strong rental demand & investment growth potential
Financing: Cash or hard money loan only—conventional financing not accepted due to an active Stop-Work Order.
Highlights:
• Legal 4-family detached structure
• Fully rented - 13,100/month (157K+ annual)
• All rents paid promptly by the 13th of each month
• Separate utilities | Low overhead | No open violations
• Convenient North Shore location near Forest Ave shopping, schools, buses & highways
• Strong rental demand & investment growth potential
Financing: Cash or hard money loan only—conventional financing not accepted due to an active Stop-Work Order.
Location
State NY
County Richmond
Area Elm Park
Zoning C1-R3-2
Interior
Heating Hot Water, Natural Gas
Cooling None
Exterior
Parking Features On Street
Building
Sewer City
Structure Type Brick
New Construction No
Others
Tax ID 01152-105
Virtual Tour https://app.doaudiotours.com/unbranded?id=14271&lang=en-US
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Listed ByRe/Max Edge
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