Listing Courtesy of: Angelo Pappalardo - Century 21 Papp Realty
718-727-6900
$1,799,888
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Clove Rd Staten Island, NY 10301
Income
Residence
6
Beds
4
Baths
5,148
Sq. Ft.
0.12
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigu...red as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants,express and local buses and shopping.
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MLS#
2402836
Property Type
Income
Bedrooms
6
Bathrooms
4 Full
Year Built
1964
Square Feet
5,148
sq. ft
Price per Sq. Ft.
$349.63
Lot Size
0.12
Sewer
City Sewer
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