$695,000
PENDING $180K PRICE DROP

Estimated payment $4,488/month

Total Views 10,994
1 Bed
1.5 Baths
2,200 Sq Ft
$316 Price per Sq Ft

Highlights

  • Separate Formal Living Room
  • No HOA
  • Forced Air Heating System
  • P.S. 53 The Barbara Esselborn School Rated A
  • Eat-In Kitchen
  • 1-minute walk to Greencroft Playground

About This Home

Investor Special - Turnkey Income Property!

Fantastic opportunity for investors or end users seeking immediate rental income. Property will be delivered as-is with tenants in place. All tenants are on month-to-month agreements and have a consistent record of on-time payments.

This is a fully occupied, income-producing asset with no delay in rental returns. Perfect for buyers looking for a smooth transition into a cash-flowing investment with long-term potential.

Discover the perfect blend of charm and functionality in this semi-detached two-family home, ideally situated in the heart of Bay Terrace. This spacious residence offers 4 bedrooms, including a versatile family room that can be converted into an additional bedroom, along with a basement and hardwood floors throughout. Enjoy the convenience of 3 bathrooms and a central heating system. First Unit (Ground Floor): A 1-bedroom apartment featuring a kitchen, living room, and full bathroom—ideal for rental income or extended family. Access to a cozy backyard, an attached garage, and a driveway accommodating 2 cars. Second Unit (Duplex Layout): The first floor includes a spacious family room. The second floor boasts 3 large bedrooms, a living room, dining room, and kitchen, one full bath and a 1/2 Bath creating an expansive and comfortable living space. Conveniently located near the SI train, shopping centers, restaurants, and major transportation routes, this home offers both comfort and accessibility.

Don't miss this rare chance to own a property with built-in rental income from day one!

Listing Agent

Ping Chen

Re/Max Edge License #10401303845 Listed on: 03/05/2025

Re/Max Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1973

Lot Details

  • 3,270 Sq Ft Lot
  • Lot Dimensions are 22 x 50
  • Back Yard

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Master Gas Meter

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0002 / 05105
  • Assessor Parcel Number 05105-0002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,670

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Two Family - Semi-Attached
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Lot Size: 22 x 50
  • Modification Timestamp: 2025-06-30
  • Directions: Use GPS
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approx
  • Year Built: 1973
  • General Property Info:Half Baths: 1
  • General Property Info:Public Remarks3: Investor Special - Turnkey Income Property! Fantastic opportunity for investors or end users seeking immediate rental income. Property will be delivered as-is with tenants in place. All tenants are on month-to-month agreements and have a consistent record of on-time payments. This is a fully occupied, income-producing asset with no delay in rental returns. Perfect for buyers looking for a smooth transition into a cash-flowing investment with long-term potential. Discover the perfect blend of charm and functionality in this semi-detached two-family home, ideally situated in the heart of Bay Terrace. This spacious residence offers 4 bedrooms, including a versatile family room that can be converted into an additional bedroom, along with a basement and hardwood floors throughout. Enjoy the convenience of 3 bathrooms and a central heating system. First Unit (Ground Floor): A 1-bedroom apartment featuring a kitchen, living room, and full bathroom—ideal for rental income or extended family. Access to a cozy backyard, an attached garage, and a driveway accommodating 2 cars. Second Unit (Duplex Layout): The first floor includes a spacious family room. The second floor boasts 3 large bedrooms, a living room, dining room, and kitchen, one full bath and a 1/2 Bath creating an expansive and comfortable living space. Conveniently located near the SI train, shopping centers, restaurants, and major transportation routes, this home offers both comfort and accessibility. Don't miss this rare chance to own a property with built-in rental income from day one!
  • ContractLocation Information:List PriceSqFt2: 315.91
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Good
  • General Property Info: Number of AC Units: 1.0
  • General Property Info:Year Built Info: Approx
  • General Property Info:Rent Control Number of Units: 1100.0
  • General Property Info Bldg Dimensions: 22 x 50
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • General Property Info:Stories2: 1.0
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Living Room:Formal2: Yes
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick
  • Yard:Back: Yes
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street
  • Parking:Off Street: Yes

Utilities

  • Cooling Y N: No
  • Heating: Forced Air, 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
  • Heat Source:Gas2: Yes
  • Heat System:Forced Air: Yes
  • Gas Meters:Master2: Yes
  • Electric Meters:Master: Yes
  • General Property Info Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3270.0
  • Lot Size Units: Square Feet
  • Parcel #: 05105-0002
  • Zoning: R-31
  • General Property Info:Lot Size SqFt: 3270.0
  • General Property Info:Lot Dim: 30 x 109

Tax Info

  • Tax Annual Amount: 7670.28
  • Tax Block: 05105
  • Tax Lot: 0002
  • General Property Info:Taxes2: 7670.28

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,670 $45,480 $9,064 $36,416
2024 $7,670 $48,360 $8,244 $40,116
2023 $7,560 $37,224 $7,638 $29,586
2022 $7,193 $43,560 $10,440 $33,120
2021 $7,340 $42,960 $10,440 $32,520
2020 $6,965 $42,420 $10,440 $31,980
2019 $6,657 $38,160 $10,440 $27,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $695,000 -13.0% $316 / Sq Ft
03/05/2025 03/05/25 Price Changed $799,000 -8.7% $363 / Sq Ft
02/14/2025 02/14/25 For Sale $875,000 -- $398 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
Source: Staten Island Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Staten Island Multiple Listing Service

MLS Number: 2500795

Staten Island Multiple Listing Service

APN: 05105-0002