$998,000
SOLD OCT 31, 2024
10 Beds
6 Baths
4,200 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

Highlights

  • Wood Flooring
  • Back, Front, and Side Yard
  • Community Storage Space
  • Susan E Wagner High School Rated A-
  • Heating System Uses Steam

About This Home

As of October 2024

Introducing a prime row of 3, two-family homes, total 6-unit free market rental building investment opportunity! Each equipped with individual gas boilers, hot water heaters, and separate electric meters for every tenant. This portfolio includes a full storage basement, ensuring low expenses and minimal maintenance. The rental building comprises four 2-bedroom apartments and two 1-bedroom apartments, all generating immediate income with an impressive 8% capitalization rate. This is an exceptional chance for investors seeking a robust return, particularly appealing for 1031 exchange buyers looking to maximize their investment potential. Located just around the corner from the S46, S53, S54, and S96 bus lines.

Last Agent to Sell the Property

Delton Cheng

Century 21 Homefront Realty Listed on: 05/28/2024

Last Buyer's Agent

Mary Faulds

Gillani Homes Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 89x33
  • Irregular Lot
  • Back, Front, and Side Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 207

Community Details

Building Details

  • Insurance Expense $6,787
  • Gross Income $93,600
  • Net Operating Income $75,000

Additional Features

  • 6 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 6.00
  • Borough: Staten Island
  • Building Footprint Sq Ft: 2000
  • Building Length: 25.00
  • Building Width: 80.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Castleton Ave
  • Cross Street Name2: Cary Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Building Stories: 2
  • Street Name I D X: West
  • Street Number I D X: 15
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 10
  • Flooring: Hardwood, Tile
  • Total Rooms: 22

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame, Masonry
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 30
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 89x33
  • Lot Size Irregular: Yes
  • Lot Size Length: 33
  • Lot Size Width: 89
  • Zoning: R3A

Multi Family

  • Annual Gross Income: 93600
  • Insurance Expense: 6787.00
  • Property Net Operating Income: 75000.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 7000.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $998,000 0.0% $238 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $998,000 -- $238 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 482306

Brooklyn Board of REALTORS®

APN: 00207-0030