Under Contract

25 Sherman Avenue

Staten Island NY, 10301

$3,500,000


$140.22 per sqft

Under Contract

24,960 sqft

Residential

Built in 1931

Great Investment Opportunity or 1031 Exchange in St. George, Staten Island, NY. Currently 6.1% cap rate/projected 9.68%.
This 25 unit, 4-story walk up building sits high on a hill with views of the NY Harbor and VZ Bridge from several apartments.
Full basement with Superintendents apartment, front courtyard, card operated laundry room.
Apartments consist of (3)-Three Bedroom Apts, (10)-Two Bedroom Apts, (12)-One Bedroom apts.
Short walk to the SI Ferry to Manhattan, Buses, Train, Empire Outlets, SI Ferry Hawk Baseball Stadium, North Shore Waterfront Esplanade Park, St. George Theatre, Richmond County Supreme Court, Borough Hall, National Lighthouse Museum, Restaurants, Library, Shopping, Schools & more. Please do not trespass. Showings are subject to written offers with proof of funds. No mortgage contingency accepted. Call today for more details...

2401395

MLS ID

March 14, 2024

Listed

April 5, 2024

Updated

Map

25 Sherman Avenue
Staten Island NY, 10301

Interior Features

Total Stories

4


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Steam, Natural Gas

Exterior/Building Features

Lot Size

0.35 Acres


Sewer

City

Other Property Details

Area Name

St. George


Taxes

$74,489


Tax Frequency

Annually


Garage

No


Parking

Off Street, On Street


View

No


County

Richmond


Pool

No


Zoning

R-3A

 

Courtesy of Gateway Arms Realty Corp.

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