Listing Courtesy of: Jimmy Samaha - Robert DeFalco Realty, Inc.
718-987-7900
$999,998
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34 Broad St Staten Island, NY 10304
Other
Residence
6
Beds
3
Baths
2,772
Sq. Ft.
0.05
Acre
Lot
Property Activity
Time on Site
days
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Price Reduced! Great opportunity for anybody looking to invest! All tenants on month to month leases 1fl $1,400 2nd fl $1,800 3rl $2,000 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 inc...ome $61,200 (6% 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% or net income of around $100,000 AFTER expenses!
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MLS#
2403468
Property Type
Other
Bedrooms
6
Bathrooms
3 Full
Year Built
1901
Square Feet
2,772
sq. ft
Price per Sq. Ft.
$360.75
Lot Size
0.05
Sewer
City Sewer
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