Listing Courtesy of: Monica Girgis - Robert DeFalco Realty, Inc.
718-987-7900
$2,600,000
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Leverett Ave Staten Island, NY 10312
Other
Residence
10
Beds
10
Baths
5,760
Sq. Ft.
0.23
Acre
Lot
Property Activity
Time on Site
days
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Great Investment Opportunity! 1031 Exchange welcome! This turn key 10 Unit package consists of 5 separate 2-family dwellings. Avoiding Rent stabilization to produce maximum revenue 651-659 Leverett is meticulously run for hands off investors to turn positive cash flow with minimal effort. Current re...nt roll is 15k which can easily be turned to 24k+. Gross annual income 187K projected increase to 291k. All 1 bedroom units currently rented for below market (room for increase). All units have separate utilities billed to each apartment to keep down owner expenses. Units are tastefully upgraded with timeless designs to ensure quality as an everlasting priority. Rental increase and front parking lot can be utilized to forefront a cap rate increase as well as potential for laundry on site. Strategically located on the corner of Leverett Ave & Richmond Ave. Minutes from Eltingville Transit center which provides every local & express bus for easy transport. Across from Greenridge plaza , Country donuts, McDonalds, LA fitness & new ALDI Supermarket. Close to Costco Staten Island Mall , highway access to New Jersey/ NYC/Brooklyn. Create Generational wealth and watch your ROI increase exponentially for years to come.
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MLS#
2405699
Property Type
Other
Bedrooms
10
Bathrooms
10 Full
Year Built
1975
Square Feet
5,760
sq. ft
Price per Sq. Ft.
$451.39
Lot Size
0.23
Sewer
City Sewer
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