NOT LISTED FOR SALE

9 Saint Marks Place New York City, NY 10301

Saint George Neighborhood
-- Bed
-- Bath
5,390 Sq Ft
8,772 Sq Ft Lot

Last Sold February 16, 2022

Last sale price $1,010,000 $187 Per Sq Ft

45 Days on Market

Highlights

  • 0.2 Acre Lot
  • Heating System Uses Steam
  • 4-minute walk to North Shore Esplanade Park
  • Cooling Available
  • Wood Siding

About This Home

As of February 2022

Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th century beauty is sprawling with old world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market-value. This home is located in an ''Opportunity Zone'' - great for the ''1031-ers''! Your chance to own a home in the prestigious neighborhood of St. George is here, invest now while this area is being developed and you will be glad you did! Call for an appointment to take a tour today.

Last Agent to Sell the Property

Story Kuszel

Coldwell Banker Advantage Listed on: 08/24/2021

Last Buyer's Agent

Story Kuszel

DiTommaso Real Estate License #10401334520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,546

Year Built

  • Built in 1872

Lot Details

  • 8,772 Sq Ft Lot
  • Lot Dimensions are 45x32

Parking

  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 5,390 Sq Ft Home
  • 3-Story Property

Utilities

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

Community Details

  • 4 Units
  • Gross Income $83,500

Listing and Financial Details

  • Legal Lot and Block 74 / 15
  • Assessor Parcel Number 15-74

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,546

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Sub Type: 4F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 45x32
  • Modification Timestamp: 2024-09-26
  • Directions: Use GPS
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1872
  • General Property Info:Public Remarks3: Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th century beauty is sprawling with old world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market-value. This home is located in an ''Opportunity Zone'' - great for the ''1031-ers''! Your chance to own a home in the prestigious neighborhood of St. George is here, invest now while this area is being developed and you will be glad you did! Call for an appointment to take a tour today.
  • ContractLocation Information:List PriceSqFt2: 185.53
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Good
  • Income Expenses Gross Income: 83500.0
  • Annual Expenses: 27496.72
  • Income Expenses Net Income: 56053.28
  • General Property Info:Year Built Info: Approx
  • General Property Info Bldg Dimensions: 45x32
  • Special Features: None
  • Stories: 3
  • Year Built: 1872

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Partially Finished

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 4.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Siding:Wood Siding: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 8772.0
  • Lot Size Units: Square Feet
  • Parcel #: 15-74
  • Zoning: C3
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 8772.0
  • General Property Info:Lot Dim: 68x129

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 83500.0
  • Property Net Operating Income: 56053.28
  • Annual Operating Expense: 27496.72

Tax Info

  • Tax Annual Amount: 11545.7
  • Tax Block: 15
  • Tax Lot: 74
  • General Property Info:Taxes2: 11545.7

Range of Values:

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Sold Price
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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
02/16/2022 02/16/22 Sold $1,010,000 0.0% $187 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,010,000 -- $187 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Story Kuszel

    Coldwell Banker Advantage

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1148636

Staten Island Multiple Listing Service
New York Richmond County New York 10301 Saint George

9 Saint Marks Place, New York, NY

This home is located at 9 Saint Marks Place, New York City, NY 10301 since 24 August 2021. This property was built in 1872. 9 Saint Marks Place is a home located in Richmond County with nearby schools including P.S. 16 John J Driscoll, Fort Hill Collaborative Elementary, and P.S. 74 Future Leaders Elementary School.

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