NOT LISTED FOR SALE

Staten Island, NY 10308

Great Kills Neighborhood
-- Bed
-- Bath
6,600 Sq Ft
0.28 Acres

Last Sold July 25, 2023

Last sale price $1,350,000 $205 Per Sq Ft

46 Days on Market

Highlights

  • 0.28 Acre Lot
  • Storage
  • Heating Available
  • P.S. 53 The Barbara Esselborn School Rated A

About This Home

As of July 2023

Very rare opportunity to own a 10 family multi unit building in the beautiful neighborhood of Bay Terrace. Located within minutes to train and express bus to brooklyn and manhattan, shopping plaza with laundromat for tenants, and high rated schools.

This building has 10 units with a full basement that is enormous in size to add extra income for tenants storage or for outside businesses to store their belongings in your basement. There is also a parking lot which can fit more than 10 vehicles and can also be rented to tenants or to outside businesses looking to park their vehicles. A lot of opportunities. Currently 2 units are vacant as of 02/03/2023 but should be occupied soon. Please call, text, or email for any questions. This building is entirely run on electric. There are no gas bills and tenants are responsible for their own electric bills. Owner only responsible for water, taxes, and insurance' Lot size is 100X120 with r3-1 zoning meaning if ever vacated in the future, the building could be demolished and can build 4-5 one or two fam semis which comes out to about 8-10 homes. (Speak with architect for an accurate answer). New construction 2 fam semis in the area sold for 900-930k on Amboy road busy street around the block from building.
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Last Agent to Sell the Property

Jimmy Samaha

Robert DeFalco Realty, Inc. License #10301212891 Listed on: 02/02/2023

Robert DeFalco Realty, Inc.

Last Buyer's Agent

Nicola Papandrea

Robert DeFalco Realty, Inc. License #10301209798

Robert DeFalco Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,317

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 82 x 40

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,600 Sq Ft Home
  • 2-Story Property
  • Storage

Parking

  • Carport
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating Available
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 10 Units
  • Gross Income $111,624

Listing and Financial Details

  • Legal Lot and Block 0018 / 05101
  • Assessor Parcel Number 05101-0018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,317

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: 9+F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 82 X 40
  • Modification Timestamp: 2024-09-26
  • Directions: PLEASE USE GPS
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1975
  • General Property Info:Public Remarks3: Very rare opportunity to own a 10 family multi unit building in the beautiful neighborhood of Bay Terrace. Located within minutes to train and express bus to brooklyn and manhattan, shopping plaza with laundromat for tenants, and high rated schools. This building has 10 units with a full basement that is enormous in size to add extra income for tenants storage or for outside businesses to store their belongings in your basement. There is also a parking lot which can fit more than 10 vehicles and can also be rented to tenants or to outside businesses looking to park their vehicles. A lot of opportunities. Currently 2 units are vacant as of 02/03/2023 but should be occupied soon. Please call, text, or email for any questions. This building is entirely run on electric. There are no gas bills and tenants are responsible for their own electric bills. Owner only responsible for water, taxes, and insurance' Lot size is 100X120 with r3-1 zoning meaning if ever vacated in the future, the building could be demolished and can build 4-5 one or two fam semis which comes out to about 8-10 homes. (Speak with architect for an accurate answer). New construction 2 fam semis in the area sold for 900-930k on Amboy road busy street around the block from building. --
  • ContractLocation Information:List PriceSqFt2: 257.58
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 111624.0
  • Annual Expenses: 38500.0
  • Income Expenses Net Income: 68624.0
  • General Property Info:Year Built Info: Approx
  • Extras:Storage: Yes
  • General Property Info Bldg Dimensions: 82 X 40
  • Special Features: None
  • Stories: 2
  • Year Built: 1975

Interior Features

  • General Property Info:Stories2: 2.0
  • General Property Info:Basement Type: Full
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Off Street
  • Parking:Off Street: Yes
  • Parking:Carport: Yes

Utilities

  • Green Building Features: Storage, Other
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 10.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat System:Other2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Heat Source:Electric2: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 11999.0
  • Lot Size Units: Square Feet
  • Parcel #: 05101-0018
  • Zoning: R3-1
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 11999.0
  • General Property Info:Lot Dim: 100 X 120

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 111624.0
  • Property Net Operating Income: 68624.0
  • Annual Operating Expense: 38500.0

Tax Info

  • Tax Annual Amount: 31317.0
  • Tax Block: 05101
  • Tax Lot: 0018
  • General Property Info:Taxes2: 31317.0

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
07/25/2023 07/25/23 Sold $1,350,000 0.0% $205 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $1,350,000 -- $205 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jimmy Samaha

    Seller's Agent in 2023

    Jimmy Samaha

    Robert DeFalco Realty, Inc.

    (646) 378-8407

    8 in this area

    67 Total Sales

    Jimmy Samaha
    Section Image

  • N

    Buyer's Agent in 2023

    Nicola Papandrea

    Robert DeFalco Realty, Inc.

    (917) 282-8915

    1 in this area

    57 Total Sales

    Nicola Papandrea
    Section Image
See All Agents

Source: Staten Island Multiple Listing Service

MLS Number: 1159993

Staten Island Multiple Listing Service

New York Richmond County Staten Island 10308

Great Kills

This home since 02 February 2023. This property was built in 1975. This home is a home located in Richmond County with nearby schools including P.S. 53 The Barbara Esselborn School, Myra S. Barnes Intermediate School 24, and New Dorp High School.

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