$1,450,000
SOLD OCT 24, 2024

23 Aultman Ave Staten Island, NY 10306

Lighthouse Hill Neighborhood
4 Beds
2 Baths
3,375 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

3% Below List Price

51 Days on Market

Highlights

  • New Construction
  • Cooling Available
  • Forced Air Heating System
  • P.S. 23 Richmondtown Rated A
  • Storage

About This Home

As of October 2024

Step into an exceptional investment opportunity situated in the coveted neighborhood of Richmondtown. This detached new construction mixed unit building is a testament to modernity and convenience, offering a total of three legal units spread across a generous 4000 sqft lot. At street level, a premier storefront commercial space beckons, encompassing 1100 sqft of prime real estate, perfectly complemented by a full finished basement of equal size, ideal for expanding business operations or additional storage. Ascend to the upper levels to discover two distinct 2-bedroom, 2-bathroom duplex apartments, each boasting spacious layouts and meticulous attention to detail. Hardwood flooring graces every inch of these residences, leading you through thoughtfully designed interiors adorned with custom kitchens featuring luxurious quartz countertops and sleek finishes. Embracing an abundance of natural light, Andersen windows frame picturesque views of the surrounding neighborhood, creating an inviting atmosphere that residents will cherish. Beyond its aesthetic appeal, this property presents a compelling financial opportunity. With a conservative projection indicating a gross yearly rent of $115,200 and an approximate net yearly rent of $98,348, investors can anticipate a substantial return on investment. Whether you're looking to diversify your portfolio or establish a lucrative income stream, this property stands as a beacon of possibility in Richmondtown's flourishing real estate landscape. Seize the moment and unlock the potential of this remarkable investment gem.

Last Agent to Sell the Property

Albert Benzaken

Martino Realty Group License #30BE0979103 Listed on: 03/04/2024

Last Buyer's Agent

Elena Maestrone

Tom Crimmins Realty, Ltd. License #10401258205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,257

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 25 x 45

Parking

  • Carport

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,375 Sq Ft Home
  • 3-Story Property
  • Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $109,200

Listing and Financial Details

  • Legal Lot and Block 0004 / 02261
  • Assessor Parcel Number 02261-0004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,257

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Lot Size: 25 x 45
  • Modification Timestamp: 2024-10-24
  • Directions: Richmond Rd to Aultman
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: New
  • Year Built: 2024
  • General Property Info:Public Remarks3: Step into an exceptional investment opportunity situated in the coveted neighborhood of Richmondtown. This detached new construction mixed unit building is a testament to modernity and convenience, offering a total of three legal units spread across a generous 4000 sqft lot. At street level, a premier storefront commercial space beckons, encompassing 1100 sqft of prime real estate, perfectly complemented by a full finished basement of equal size, ideal for expanding business operations or additional storage. Ascend to the upper levels to discover two distinct 2-bedroom, 2-bathroom duplex apartments, each boasting spacious layouts and meticulous attention to detail. Hardwood flooring graces every inch of these residences, leading you through thoughtfully designed interiors adorned with custom kitchens featuring luxurious quartz countertops and sleek finishes. Embracing an abundance of natural light, Andersen windows frame picturesque views of the surrounding neighborhood, creating an inviting atmosphere that residents will cherish. Beyond its aesthetic appeal, this property presents a compelling financial opportunity. With a conservative projection indicating a gross yearly rent of $115,200 and an approximate net yearly rent of $98,348, investors can anticipate a substantial return on investment. Whether you're looking to diversify your portfolio or establish a lucrative income stream, this property stands as a beacon of possibility in Richmondtown's flourishing real estate landscape. Seize the moment and unlock the potential of this remarkable investment gem.
  • ContractLocation Information:List PriceSqFt2: 444.41
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 109200.0
  • Annual Expenses: 17852.0
  • Income Expenses Net Income: 91348.0
  • General Property Info:Year Built Info: New
  • Extras:Storage: Yes
  • General Property Info Bldg Dimensions: 25 x 45
  • Special Features: NewHome
  • Stories: 3
  • Year Built: 2024

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Dishwashers: 2
  • Appliances:Total Number Ranges: 2
  • General Property Info Basement Desc: Finished

Exterior Features

  • Construction Type: Stucco, Vinyl Siding
  • Siding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking:Carport: Yes
  • Garage Location:None4: Yes

Utilities

  • Green Building Features: Storage
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Central
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Forced Air: Yes
  • Siding:Vinyl Siding: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Electric Meters:Master: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Lot Size Units: Square Feet
  • Parcel #: 02261-0004
  • Zoning: C1-1,R3-1
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 4000.0
  • General Property Info:Lot Dim: 40 x 100

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 109200.0
  • Property Net Operating Income: 91348.0
  • Annual Operating Expense: 17852.0

Tax Info

  • Tax Annual Amount: 12257.0
  • Tax Block: 02261
  • Tax Lot: 0004
  • General Property Info:Taxes2: 12257.0

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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
10/24/2024 10/24/24 Sold $1,450,000 -3.3% $430 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $1,499,900 -- $444 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Albert Benzaken

    Seller's Agent in 2024

    Albert Benzaken

    Martino Realty Group

    (917) 627-3532

    6 in this area

    161 Total Sales

    Albert Benzaken
    Section Image

  • E

    Buyer's Agent in 2024

    Elena Maestrone

    Tom Crimmins Realty, Ltd.

    (347) 495-5613

    1 in this area

    25 Total Sales

    Elena Maestrone
    Section Image
See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 2401141

Staten Island Multiple Listing Service

New York Richmond County Staten Island 10306 Lighthouse Hill

23 Aultman Ave, Staten Island, NY

This home is located at 23 Aultman Ave, Staten Island, NY 10306 and is currently priced at $1,450,000, approximately $429 per square foot. This property was built in 2024. 23 Aultman Ave is a home located in Richmond County with nearby schools including P.S. 23 Richmondtown, Myra S. Barnes Intermediate School 24, and Susan E Wagner High School.

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