NOT LISTED FOR SALE
-- Bed
-- Bath
3,420 Sq Ft
6,000 Sq Ft Lot

Last Sold December 24, 2014

Last sale price $700,000 $205 Per Sq Ft

126 Days on Market

About This Home

As of December 2014

Real estate investing made simple... Strong rental location with access to transportation and shopping. Long term tenants already in place. Fully occupied turnkey situation with for any investor, generating a healthy cash flow and being offered at a 7.5% cap rate. Great opportunity to own a strong income producing property with upside potential.

Last Agent to Sell the Property

Francis Rizzo

Cornerstone Realty License #10311205734 Listed on: 03/06/2014

Last Buyer's Agent

Francis Rizzo

American Homes Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 1929

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 38x45

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,420 Sq Ft Home
  • 3-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Master Gas Meter

Community Details

  • 5 Units
  • Gross Income $76,728

Listing and Financial Details

  • Legal Lot and Block 1113 / 00159
  • Assessor Parcel Number 00159-1113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,626

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: 5F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 38X45
  • Modification Timestamp: 2024-09-25
  • Directions: Bement Avenue between Henderson and Castleton Avenues
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1929
  • General Property Info:Public Remarks3: Real estate investing made simple... Strong rental location with access to transportation and shopping. Long term tenants already in place. Fully occupied turnkey situation with for any investor, generating a healthy cash flow and being offered at a 7.5% cap rate. Great opportunity to own a strong income producing property with upside potential.
  • ContractLocation Information:List PriceSqFt2: 214.91
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Good
  • Income Expenses Gross Income: 76728.0
  • Annual Expenses: 21808.0
  • Income Expenses Net Income: 54920.0
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 38X45
  • Special Features: None
  • Stories: 3
  • Year Built: 1929

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 5
  • Appliances:Total Number Ranges: 5
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes

Utilities

  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Siding:Vinyl Siding: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Master2: Yes

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Lot Size Units: Square Feet
  • Parcel #: 00159-1113
  • Zoning: R-3X
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 6000.0
  • General Property Info:Lot Dim: 50X120

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 76728.0
  • Property Net Operating Income: 54920.0
  • Annual Operating Expense: 21808.0

Tax Info

  • Tax Annual Amount: 6626.0
  • Tax Block: 00159
  • Tax Lot: 1113
  • General Property Info:Taxes2: 6626.0

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
12/24/2014 12/24/14 Sold $700,000 0.0% $205 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $700,000 -- $205 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1087242

Staten Island Multiple Listing Service

APN: 00159-0113