310-312 Hillside AVE Active

Staten Island,NY 10304

$ 1299900

10 Beds

4 Baths

3156 SqFt


Key Details

Property Type Multi-Family

Sub Type 4F

Listing Status Active

Purchase Type For Sale

Square Footage 3,156 sqft

Price per Sqft $411

MLS Listing ID 2505402

Bedrooms 10

Full Baths 4

Year Built 1925

Annual Tax Amount $8,503

Lot Size 5,000 Sqft

Acres 0.11

Lot Dimensions 36' X 36

Property Sub-Type 4F

Source Staten Island Multiple Listing Service

Property Description

Welcome to 310-312 Hillside Ave, a fully renovated, 4-Family investment property with strong cash flow and upside potential. This building was completely rebuilt down to the studs just 6 years ago. Featuring modern kitchens and bathrooms, updated mechanicals, a new roof, siding, floors, electrical, plumbing, and much more. The layout includes two 3-bedroom units, two 2-bedroom units, plus two basement apartments (one occupied by the superintendent). The current rent roll generates approximately 129,936 annually with a Net Operating Income of 111,036. At the asking price of 1,300,000, this equates to a cap rate of 8.55. Conveniently located close to parks, schools, shopping, and restaurants.

Location

State NY

County Richmond

Area Clifton

Zoning R3A

Interior

Heating Hot Water,Natural Gas

Cooling Central

Exterior

Parking Features Off Street,On Street

Building

Sewer City

Structure Type Stucco

New Construction No

Others

Tax ID 00648-0040

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