Listed by Toscana Property LLC
$3,499,999
162-166 St Marys Avenue
Details
APN 02972-0070
Property Type Multifamily, Retail
Sub Type Apartment Building, Storefront
Square Footage 14,250
Units 9
Year Built 1931
Buildings 5
Acreage 0.230
Zoning R-3A
Multifamily | 9 Units
Marketing description
A rare opportunity to acquire a strategically located multi-building investment portfolio consisting of five income-producing properties plus an additional lot. All assets are positioned in close proximity along St. Mary's Avenue and Tompkins Avenue in Staten Island, NY 10305. This well-assembled portfolio offers operational efficiency, diversified income streams, and strong long-term value potential. It includes a balanced mix of multifamily and commercial properties, making it ideal for investors, developers, or 1031 exchange buyers seeking scale. *
The portfolio includes 160 St. Mary's Avenue, a mixed-use property featuring a ground-floor commercial deli with long-standing occupancy, plus two residential units above consisting of a second-floor four-bedroom apartment and a third-floor five-bedroom apartment. Also included is 162 St. Mary's Avenue, a two-family property with two well-proportioned two-bedroom apartments. 164 St. Mary's Avenue is a three-family property offering a first-floor studio apartment and two-bedroom apartments on both the second and third floors. 166 St. Mary's Avenue is a two-family property with two two-bedroom apartments. In addition, 488 Tompkins Avenue features a commercial storefront currently operating as a barbershop, along with an adjacent lot located between 488 Tompkins Avenue and 160 St. Mary's Avenue, suitable for parking, storage, yard use, or potential future expansion, subject to buyer due diligence with an architect and the Department of Buildings.
The portfolio is located in a prime Staten Island corridor with convenient access to public transportation, ferry routes, shopping centers, and local amenities. The commercial spaces benefit from strong visibility and foot traffic, while the residential units experience consistent rental demand and stable tenancy. Well positioned for value-add strategies, rental optimization, or long-term hold, this portfolio also offers potential assemblage opportunities .
Listing Contacts
Listed by Toscana Property LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?



















