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Opportunity Zone
145 Westervelt
Mixed Use | 7.09% CAP | 3,900 SF
Listing Contacts
Gateway Arms Realty CorpLicense: NY 10401304049
Active
Asking Price: $1,129,000
Address
145 Westervelt Ave, Staten Island, NY 10301
Show on MapDate Added
Jul 8, 2024
Days on Market
285 days
Time Since Last Update
50 days
Details
Property TypeMixed Use
SubtypeMixed Use, Retail
Investment TypeOwner/User
Lease TypeModified
TenancyVacant
Number of Tenants2
Square Footage3,900
Price/Sq Ft$289.49
Cap Rate7.09%
NOI$80,096
Units4
Year Built1920
Year Renovated2021
Buildings2
Stories3
ZoningR3A
Lot Size (sq ft)3,570
Broker Co-OpNo
Ground LeaseNo
INTELLIGENCEMarketing Description
ATTENTION ALL INVESTORS & BUSINESS OWNER/ OCCUPIERS!! This newly renovated excellent condition mixed use building including 2 retail stores, 2 apartments and 2 garages. The building is approx. 3,900 Sq. Ft. on a 3,570 Sq. Ft. lot located in a R3- A zone. The property consists of a 3 bedroom with living room, eat in kitchen, full bath and a 5 bedroom duplex with eat in kitchen, living room, full bath and a 3/4 bath. Each unit has separate electric, gas and heat. A communal garden for the residential tenants is located in the rear of the building. Convenient transportation options such as buses and the Staten Island Ferry, commuting to New York City is a breeze. Don't miss out on this incredible investment opportunity. Call to schedule your showing today!
Initial viewing of the retail stores can be accommodated after buyer submits bank statements and/or loan approval letters. Second viewings of the apartments will require offer ''subject to viewing''. Buyer may obtain financing; however, deal will not be subject to a mtg. contingency. Subject to Errors & Omissions.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,096.00
$6,674.67/mo
Valuation Metrics
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0
DSCR
7.09%
Cap Rate
7.09%
ROI
Property History
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Due Diligence
Listing Contacts
- Gateway Arms Realty CorpLicense: NY 10401304049
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