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$2,290,000
For Sale

Active: 1368 Clove Rd, Staten Island, NY 10301

0 Bed   |   4 Bath

Key Details

Type

Other

Lot Size

0.12 acres

Year Built

1964

Year Updated

1964

MLS #

11227111

Home Description

Attention investors! Pick up this 6 unit mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYC dept of buildings). First level was formerly comprised of 2 residential apartments (1- 1 bedroom unit and 1-2 bedrooms unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office use. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants, express and local buses and shopping.

Features & More

Rooms

Bathrooms 4
Full bathrooms 4

Exterior & Building

Architectural Style Other
Roof Type Unknown

Nearby Schools

Schools provided by the listing agent

School info is currently unavailable from the MLS. Check back soon for updates.

Location

  • County: Richmond
Listing Courtesy of Angelo Pappalardo at CENTURY 21 PAPP REALTY
Source: Listhub.com

MLS Disclaimer: Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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