Active
646-662 Port Richmond Avenue
Staten Island NY, 10302
$10,700,000
$394.08 per sqft
Active
42 Beds
42 Baths
27,152 sqft
Residential
Built in 1974
**STANDOUT OPPORTUNITY: THIS BUILDING IS NOT RENT STABILIZED**, OFFERING FLEXIBILITY TO ADJUST RENTS AND HIGHER POTENTIAL RENTAL INCOME, WITH SIGNIFICANT ROOM FOR FUTURE GROWTH. THE 43-UNIT ALL-BRICK GARDEN-STYLE APARTMENT IS AN INCREDIBLE INVESTMENT OPPORTUNITY IN STATEN ISLAND:!
THIS 27,152 SQ. FT. ALL-BRICK BUILDING OFFERS 43 RENTAL UNITS AND IS A PRIME INVESTMENT WITH EXCEPTIONAL UPSIDE POTENTIAL. FEATURING A 3-YEAR-OLD ROOF, 6-YEAR-OLD STATE-OF-THE-ART HEATING SYSTEM, AND A 6,000 SQ. FT. BASEMENT WITH LAUNDRY FACILITIES, THIS PROPERTY IS READY FOR IMMEDIATE REVENUE GENERATION. LOCATED ON A 200' X 180' LOT WITH 39 PRIVATE PARKING SPACES, THIS BUILDING INCLUDES 1 LARGE OFFICE, 13 TWO-BEDROOM APARTMENTS, 17 ONE-BEDROOM APARTMENTS, AND 12 STUDIO APARTMENTS. LOCATED IN THE HIGHLY CONVENIENT PORT RICHMOND NEIGHBORHOOD, THE PROPERTY BENEFITS FROM EASY ACCESS TO LOCAL CITY BUSES TO BROOKLYN, MANHATTAN, AND THE STATEN ISLAND MALL. THIS IS A RARE OPPORTUNITY TO INVEST IN STATEN ISLAND, ONE OF NYC'S MOST PROMISING AREAS. FINANCIALS AVAILABLE UPON REQUEST. DON'T MISS OUT ON THIS ONCE-IN-A-LIFETIME INVESTMENT--CONTACT AGENT DIRECT FOR DETAILED FINACIALS !!
1163405
MLSⓇ ID
February 13, 2024
Listed
November 22, 2024
Updated
Map
646-662 Port Richmond Avenue
Staten Island NY, 10302
Interior Features
Total Stories
3
Bedrooms
42
Total Bathrooms
42
Full Bathrooms
42
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Hot Water, Natural Gas
Exterior/Building Features
Lot Size
0.83 Acres
Sewer
City
Other Property Details
Area Name
Port Richmond
Taxes
$111,965
Tax Frequency
Annually
Garage
No
Parking
Off Street
View
No
County
Richmond
Pool
No
Zoning
R3A
Courtesy of Neuhaus Realty, Inc.
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