
Revolution Real Estate
Listed by Revolution Real Estate
$2,349,000
150 Hendricks Avenue
Details
APN 5-00044-0015
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 6,559
Units 11
Cap Rate 9.00%
NOI $209,417
Year Built 2012
Buildings 1
Stories 3
Acreage 0.170
Zoning R-5
Parking Spaces 8 spaces
Parking Per SqFt 1.22
Multifamily | 9.00% CAP | 11 Units
Marketing description
Well-maintained masonry concrete block walk-up 11-family building located in New Brighton. Constructed in 2012, this three-story investment property features eight (8) rear parking spaces and benefits from a 25-year tax abatement, with current annual taxes of approximately 731. The building consists of eleven (11) two-bedroom apartments: Three (3) units on the first floor, Four (4) units on the second floor, Four (4) units on the third floor. All utilities are separately metered, with tenants responsible for heat, hot water, cooking gas, and electric, providing efficient operating costs for ownership. Conveniently located near Empire Outlets, Staten Island Ferry, and the Staten Island Yankees, offering excellent access for commuters traveling to Manhattan. Strong asset with modern construction, low taxes, and solid income potential.
Listing Contacts

Revolution Real Estate
Listed by Revolution Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,417.00
$17,451.42/mo
Valuation Metrics
0
DSCR
8.92%
Cap Rate
8.92%
ROI
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