16 Florence St Staten Island, NY 10308
Great Kills NeighborhoodEstimated payment $6,963/month
Total Views
3,215
8
Beds
5
Baths
2,862
Sq Ft
$402
Price per Sq Ft
Highlights
- 0.16 Acre Lot
- Eat-In Kitchen
- Heating System Uses Steam
- P.S. 8 Shirlee Solomon Rated A
- Combination Dining and Living Room
About This Home
Investors, this one checks every box.
Fully detached 3-family on an oversized lot in Staten Island's sought-after South Shore, just minutes from transit, top-rated schools, parks, and shopping. All three units are rented, providing strong income potential with an attractive cap rate and the potential for even higher returns.
A detached 2-car garage adds extra value and income opportunities. Here's the kicker: you may be able to expand by up to 2,300 sq. ft., unlocking serious long-term value for your portfolio.
Strong income today. Expansion opportunity tomorrow.
Listing Agent
Homes R Us Realty of NY, Inc. License #10401327961 Listed on: 07/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,510
Year Built
- Built in 1940
Lot Details
- 6,963 Sq Ft Lot
- Lot Dimensions are 27x53
Parking
- 2 Car Garage
- On-Street Parking
Home Design
- Vinyl Siding
Interior Spaces
- 2,862 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Uses Steam
- 110 Volts
- Individual Gas Meter
Community Details
- 3 Units
- Gross Income $84,000
Listing and Financial Details
- Legal Lot and Block 0007 / 05157
- Assessor Parcel Number 05157-0007
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,921 | $52,680 | $12,234 | $40,446 |
| 2024 | $8,921 | $56,220 | $11,377 | $44,843 |
| 2023 | $8,510 | $41,904 | $9,176 | $32,728 |
| 2022 | $7,892 | $56,820 | $14,400 | $42,420 |
| 2021 | $7,849 | $47,340 | $14,400 | $32,940 |
| 2020 | $11,029 | $48,240 | $14,400 | $33,840 |
| 2019 | $7,756 | $43,680 | $14,400 | $29,280 |
| 2018 | $7,118 | $34,920 | $10,515 | $24,405 |
| 2017 | $6,716 | $32,944 | $13,222 | $19,722 |
| 2016 | $6,213 | $31,080 | $14,400 | $16,680 |
| 2015 | $6,506 | $35,934 | $11,801 | $24,133 |
| 2014 | $6,506 | $33,900 | $12,000 | $21,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $1,150,000 | -4.2% | $402 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $1,200,000 | +62.2% | $419 / Sq Ft |
| 04/19/2023 04/19/23 | Sold | $740,000 | +3.1% | $259 / Sq Ft |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | For Sale | $718,000 | -- | $251 / Sq Ft |
Source: Staten Island Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $740,000 | Old Republic National Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $555,000 | New Conventional |
Source: Public Records
Similar Homes in Staten Island, NY
Source: Staten Island Multiple Listing Service
MLS Number: 2504066
APN: 05157-0007
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