Listed by Andrew Lichtenstein Inc
$1,700,000
OFF-MARKET FREE-MARKET -Two 2-Family Residential Buildings
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,200
Net Rentable (SqFt) 4,200
Units 6
Cap Rate 7.85%
NOI $133,435
Occupancy 100%
Price per SqFt $405
Year Built 1900
Year Renovated 2024
Buildings 2
Stories 2
Lot Size (SqFt) 6,800
Parking Spaces per unit
Multifamily | 6 Units | $283,333/unit
Marketing description
This turnkey street-to-street property consists of two semi-attached two-family buildings, each with an upper unit and the lower unit duplexed down (duplexes are also separated into a 2-bedroom and a 1-bedroom unit) plus a commercial-sized high-ceilinged garage, located in Staten Island. All are free-market rents. The units are individually metered, and the tenants pay their own heat, hot water, gas, and electricity. It was built in the 1900’s, and all units have been recently renovated.
Listing Contacts
Listed by Andrew Lichtenstein Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$133,435.00
$11,119.58/mo
Valuation Metrics
0
DSCR
7.85%
Cap Rate
7.85%
ROI
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