NOT LISTED FOR SALE

Estimated Value: $1,180,965

13 Beds
5 Baths
5,884 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $1,070,000 $182 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,720/month

76 Days on Market

Highlights

  • 2 Car Attached Garage
  • Heating System Uses Steam
  • Laundry Facilities

About This Home

As of October 2023

Calling all INVESTORS. This 5-family building is in impeccable shape and a money maker. There are
3 three-bedroom units and 2 two-bedroom units with a 2-car garage (can be rented approx. $500 month, full basement (can be used for storage), and paved backyard. Apartments are at market price and a few recently renovated. All separate gas and electric meters. Tenant pays own utilities. Low common area maintenance. Most windows replaced 5 yrs. ago, and Roof 3 years ago.
5-minute drive to ferry or 10 by bicycle or 15 by foot. Close to Public trans, outlet mall and trendy restaurants.
Call me for showing!

Last Agent to Sell the Property

Kerry DeBellis

RE/MAX Elite License #40DE0923741 Listed on: 06/15/2023

RE/MAX Elite

Last Buyer's Agent

Catherine Crumbley

Robert DeFalco Realty, Inc. License #10401327765

Robert DeFalco Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,369

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 64

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 5,884 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 5 Units
  • Laundry Facilities
  • Gross Income $118,000

Listing and Financial Details

  • Legal Lot and Block 0036 / 00103
  • Assessor Parcel Number 00103-0036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,369

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 5F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Lot Size: 25 x 64
  • Modification Timestamp: 2024-09-26
  • Directions: Victory Blvd. to Jersey Street
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1920
  • General Property Info:Public Remarks3: Calling all INVESTORS. This 5-family building is in impeccable shape and a money maker. There are 3 three-bedroom units and 2 two-bedroom units with a 2-car garage (can be rented approx. $500 month, full basement (can be used for storage), and paved backyard. Apartments are at market price and a few recently renovated. All separate gas and electric meters. Tenant pays own utilities. Low common area maintenance. Most windows replaced 5 yrs. ago, and Roof 3 years ago. 5-minute drive to ferry or 10 by bicycle or 15 by foot. Close to Public trans, outlet mall and trendy restaurants. Call me for showing!
  • ContractLocation Information:List PriceSqFt2: 220.6
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 118000.0
  • Annual Expenses: 15800.0
  • Income Expenses Net Income: 102200.0
  • General Property Info:Year Built Info: Approx
  • Extras:Laundry: Yes
  • General Property Info Bldg Dimensions: 25 x 64
  • Special Features: None
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 13
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Appliances:Total Number Refrigerators: 5
  • Appliances:Total Number Ranges: 5
  • Appliances:Total Number Washers: 1
  • Appliances:Total Number Dryers: 1
  • General Property Info Basement Desc: Partially Finished

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Off Street, On Street
  • Parking:Off Street: Yes
  • Garage Location:Built-in: Yes
  • Parking:On Street: Yes

Utilities

  • Green Building Features: Laundry
  • Cooling Y N: No
  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 5.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Siding:Vinyl Siding: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 2500.0
  • Lot Size Units: Square Feet
  • Parcel #: 00103-0036
  • Zoning: R5
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2500.0
  • General Property Info:Lot Dim: 25 x 100

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 118000.0
  • Property Net Operating Income: 102200.0
  • Annual Operating Expense: 15800.0

Tax Info

  • Tax Annual Amount: 4369.0
  • Tax Block: 00103
  • Tax Lot: 0036
  • General Property Info:Taxes2: 4369.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Oct 6, 2023
Sold by
J T Rizzo Incorporated
Bought by
Condoulis Stamatia
Seller's Agent
Kerry DeBellis
RE/MAX Elite
Buyer's Agent
Catherine Crumbley
Robert DeFalco Realty, Inc.
List Price
$1,298,000
Sold Price
$1,070,000
Premium/Discount to List
-$228,000
-17.57%
Current Estimated Value
$1,180,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,965
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
Sep 25, 2012
Closed on
Aug 29, 2014
Sold by
Ciccarelli Realty Llc
Bought by
J T Rizzo Incorporated
Seller's Agent
Raya Daniels
Robert DeFalco Realty, Inc.
Buyer's Agent
Kerry DeBellis
RE/MAX Elite
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$144,501
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2009
Sold by
Spex 1 Llc
Bought by
Ciccarelli Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2006
Sold by
Spezio Brothers Inc
Bought by
Spez-1 Llc

Purchase Details

Closed on
Jan 26, 2006
Sold by
Spezio Roger Paul
Bought by
Spezio Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2004
Sold by
Galarza John and Lucci Ciro
Bought by
Spezio Roger Paul
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Condoulis Stamatia $1,070,000 First American Title Insurance
J T Rizzo Incorporated $580,000 Stewart Title Insurance Co
Ciccarelli Realty Llc $450,000 Stewart Title Insurance Co
Spez-1 Llc -- None Available
Spezio Brothers Inc -- None Available
Spezio Roger Paul $195,000 United General Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J T Rizzo Incorporated $144,501
Previous Owner Ciccarelli Realty Llc $337,500
Previous Owner Spezio Brothers Inc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $1,070,000 -17.6% $182 / Sq Ft
09/24/2023 09/24/23 Off Market $1,298,000 -- --
06/15/2023 06/15/23 For Sale $1,298,000 0.0% $221 / Sq Ft
05/12/2016 05/12/16 Rented $1,987 0.0% --
05/12/2016 05/12/16 For Rent $1,987 0.0% --
08/29/2014 08/29/14 Sold $585,000 0.0% $99 / Sq Ft View Prior Sale
04/24/2014 04/24/14 Pending -- -- --
09/25/2012 09/25/12 For Sale $585,000 -- $99 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

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 $5,207 $302,850 $1,136 $301,714
2024 $5,207 $252,450 $1,262 $251,188
2023 $4,731 $38,566 $1,023 $37,543
2022 $4,381 $240,300 $7,650 $232,650
2021 $4,381 $255,600 $7,650 $247,950
2020 $4,767 $255,600 $7,650 $247,950
2019 $4,054 $319,680 $7,650 $312,030
2018 $3,773 $29,666 $568 $29,098
2017 $3,494 $27,469 $551 $26,918
2016 $3,541 $27,469 $608 $26,861
2015 $3,240 $26,616 $592 $26,024
2014 $3,240 $24,645 $586 $24,059
Source: Public Records

Agents Affiliated with this Home

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Source: Staten Island Multiple Listing Service

MLS Number: 1162596

Staten Island Multiple Listing Service

APN: 00103-0036