361 Broadway Staten Island, NY 10310
West Brighton NeighborhoodEstimated payment $7,863/month
Highlights
- 1 Car Detached Garage
- Eat-In Kitchen
- Hot Water Baseboard Heater
- Susan E Wagner High School Rated A-
- Living Room
About This Home
This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview
Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income
Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations
This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,800
Year Built
- Built in 1931
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 38x54
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Stucco
Interior Spaces
- 6,156 Sq Ft Home
- 3-Story Property
- Living Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- 220 Volts
- Individual Gas Meter
- Cable TV Available
Community Details
- 6 Units
- Gross Income $58,800
Listing and Financial Details
- Legal Lot and Block 0011 / 00180
- Assessor Parcel Number 00180-0011
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2025 05/10/25 | For Sale | $1,350,000 | -- | $219 / Sq Ft |
Source: Staten Island Multiple Listing Service
MLS Number: 2502668
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