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Opportunity Zone
85 Montgomery Ave
Multi-fam featuring 5 resi units plus 1 commercial. Fully occupied. Minuted to Ferry and downtown
Listing Contacts
License: NJ & NY, NY
American Homes Group IncLicense: 10301216355
Active
Asking Price: $2,198,800
Address
85 Montgomery Ave, Staten Island, NY 10301
Show on MapDate Added
Apr 10, 2024
Days on Market
401 days
Time Since Last Update
45 days
Details
Property TypeMixed Use, Multifamily, Retail
SubtypeApartment Building
Square Footage5,090
Net Rentable (sq ft)5,090
Price/Sq Ft$491
Cap Rate4.96%
Occupancy100%
NOI$114,069
Units5
Year Built2008
Buildings1
ZoningC4-2
Lot Size (sq ft)2,124
APN00016-0031
INTELLIGENCEMarketing Description
Welcome to 85 Montgomery Ave Situated in the vibrant heart of St. George, just steps away from transportation hubs, bustling downtown eateries, and boutique shopping. Mixed-Use Appeal: Five rental units provide steady income, while the retail space attracts foot traffic and diversifies revenue streams. All-Brick Construction: A timeless, durable structure with character and curb appeal. Convenience: Ideal for tenants and shoppers alike, thanks to easy access to public transportation and major roadways. Invest in St. George's growth while enjoying immediate cash flow from this turnkey property. Don't miss out on this rare opportunity! Call today to schedule a viewing or for more details
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,069.00
$9,505.75/mo
Valuation Metrics
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0
DSCR
5.19%
Cap Rate
5.19%
ROI
Property History
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Due Diligence
Listing Contacts
- License: NJ & NY, NY
- American Homes Group IncLicense: 10301216355
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