Listed by Matias Real Estate
$2,188,888
305 Broadway
Details
APN 00178-0008
Property Type Land
Sub Type Commercial
Square Footage 11,900
Units 9
Cap Rate 8.4%
NOI $183,769
Occupancy 100%
Price per SqFt $184
Broker Co-Op Yes
Year Built 1930
Buildings 2
Stories 2
Acreage 0.160
Zoning R-3A
Parking Spaces 7 spaces
Parking Per SqFt 0.59
Ownership Fee simple
Unique Opportunity for investor or developer
Marketing description
CALLING ALL INVESTORS!!! CAP RATE 8.8 NOI-192K
Checkout this 1-of kind 9 loft unit bldg. presenting a unique opportunity for a savvy investor or developer. This property not only boast distinctive architectural charm & spacious loft units, it also offers potential for expansion. With the ability to add additional units as well as pkg. spaces, the value of this already impressive bldg. can be substantially increased. Located in a diverse area of Staten Island, this loft bldg. appeals to artist, true professionals as well as hardworking city workers with its flexible living spaces. If you are looking for an attractive rental income property, then this is the place for you.
Investment highlights
Tenants are either city workers or professionals
Listing Contacts
Listed by Matias Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$183,769.00
$15,314.08/mo
Valuation Metrics
0
DSCR
8.4%
Cap Rate
8.4%
ROI
Map
Zoning
R3-2 ResidentialSingle FamilyGeneral Residence
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View all 69 uses
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