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$ 5,200,000
Est. payment /mo
Active
12-34 Court ST #A Staten Island, NY 10304
22 Beds
24 Baths
12,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 9+F
Listing Status Active
Purchase Type For Sale
Square Footage 12,400 sqft
Price per Sqft $419
MLS Listing ID 2504357
Bedrooms 22
Full Baths 24
Year Built 1947
Annual Tax Amount $37,523
Lot Size 0.755 Acres
Acres 0.75
Lot Dimensions 263 X 125
Property Sub-Type 9+F
Source Staten Island Multiple Listing Service
Property Description
This package deal includes two garden apartment buildings with a total of 24 units: one building has 16 units, and the other has 8 units. There is a total of 14 garages, with 10 built-in and 4 detached. The total square footage of the buildings is 31,250 square feet (24,800 square feet for the 16-unit building and 6,450 square feet for the 8-unit building). Both buildings are constructed of brick and feature large apartments with hardwood floors throughout. There are total (8 one bdr, 13 two bdr and 3 three bdr) apartments and are in an excellent condition.
The current rent roll for the buildings is 751,068, generating a positive cash flow of 535,418. This indicates a capitalization rate (cap rate) exceeding 10 pct, which suggests a strong return on investment. Income and expenses breakdown available upon request.
The current rent roll for the buildings is 751,068, generating a positive cash flow of 535,418. This indicates a capitalization rate (cap rate) exceeding 10 pct, which suggests a strong return on investment. Income and expenses breakdown available upon request.
Location
State NY
County Richmond
Area Stapleton
Zoning R3-2
Interior
Heating Steam, Natural Gas
Cooling Units
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Brick
New Construction No
Others
Tax ID 00520-0007-0034
Listed ByRobert DeFalco Realty, Inc.