Income-Producing Property in Prime Grant City Location! Looking for an investment opportunity that checks all the boxes? This package deal in Grant City, Staten Island, offers not one, but two buildings with four separate tenants—each enjoying their own gas and electric meters (no shared headaches here). Each tenant space… Read More spans approximately 1,200 square feet, providing plenty of room for business. Built in 1980 and situated on a 4,212-square-foot lot, this property boasts R3-2 zoning and is perfectly positioned in a high-traffic area. Active leases are already in place, with built-in yearly rent increases for consistent growth. Add a strong 7.25 cap rate to the mix, and you'll see why this is an investment worth serious consideration. Location? It doesn't get better. The property is steps away from public transportation, including the S51 and S81 buses and the Staten Island Railroad. Whether you're a seasoned investor or just diving into the market, this property lets you start earning immediate returns after closing. With tremendous income potential and all the groundwork already laid, why wait? Schedule a viewing today! Read Less
Courtesy of Coldwell Banker Advantage.
Listing Snapshot
Days Online
206
Last Updated
Property Type
Single Family
Square Ft.
4,824
Lot Size
0.1 Acres
Year Built
1980
MLS Number
2406557
30 Days Snapshot Of 10306
$697k
-6%
(avg) sold price
29
+31%
homes sold
152
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1980, Building area total: 4,824, Leasable area: 0, 2 buildings, 2 total stories, Construction materials: "Block"
Heating
"Hot Water", "Natural Gas"
Lot
0.1 acres, 4,212 square feet, Area: 4,212
Parking
6 total parkings
Property
Zoning: R3-2 / C1
Sewer
"City"
Taxes
Tax annual amount: $33,458
Utilities
Electric: "220 Volts"
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